Arbeitspapier
Promoting renewable electricity generation in imperfect markets: Price vs. quantity policies
The search for economically efficient policy instruments designed to promote the diffusion of renewable energy technologies in liberalized markets has led to the introduction of quota-based tradable 'green' certificate (TGC) schemes for renewable electricity. However, there is a debate about the pros and cons of TGC, a quantity control policy, compared to guaranteed feed-in tariffs, a price control policy. In this paper we contrast these two alternatives in terms of social welfare, taking into account that electricity markets are not perfectly competitive, and show that the price control policy dominates the quantity control policy in terms of social welfare.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 0809
- Klassifikation
-
Wirtschaft
Alternative Energy Sources
Energy: Government Policy
- Thema
-
Green certifcates
Renewable portfolio standard
Feed-in tarif
Förderung erneuerbarer Energien
Emissionshandel
Strompreis
Preisregulierung
Unvollkommener Markt
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Madlener, Reinhard
Gao, Weiyu
Neustadt, Ilja
Zweifel, Peter
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Zurich, Socioeconomic Institute
- (wo)
-
Zurich
- (wann)
-
2009
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Madlener, Reinhard
- Gao, Weiyu
- Neustadt, Ilja
- Zweifel, Peter
- University of Zurich, Socioeconomic Institute
Entstanden
- 2009
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