Arbeitspapier
Installing photovoltaics in Germany: A license to print money?
Using detailed data originating from several hundred households of the German Residential Energy Survey (GRECS), this paper empirically investigates the returns on investment in home-equipped photovoltaics (PV) installations. We find that these returns were particularly high in the years 2009 to 2011, when large subsidies for solar electricity coincided with plummeting module prices. While our empirical analysis demonstrates that such investments also incur substantial risks, there is evidence that, above all, wealthy households tend to benefit from the solar subsidies, whereas the costs of financing these subsidies are borne by electricity consumers at large, not least poverty-endangered households. The resulting redistribution of financial resources raises the question of whether the burden-sharing of Germany's transition to an alternative energy system is fair.
- ISBN
-
978-3-86788-685-7
- Sprache
-
Englisch
- Erschienen in
-
Series: Ruhr Economic Papers ; No. 590
- Klassifikation
-
Wirtschaft
Renewable Resources and Conservation: Government Policy
Alternative Energy Sources
Energy: Government Policy
- Thema
-
solar subsidies
redistribution effects
German Residential Energy Consumption Survey
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Andor, Mark
Frondel, Manuel
Vance, Colin
- Ereignis
-
Veröffentlichung
- (wer)
-
Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI)
- (wo)
-
Essen
- (wann)
-
2015
- DOI
-
doi:10.4419/86788685
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 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
- Andor, Mark
- Frondel, Manuel
- Vance, Colin
- Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI)
Entstanden
- 2015
Ähnliche Objekte (12)
From fuel taxation to efficiency standards: A wrong turn in European climate protection?
On Marginal and Interaction Effects: The Case of Heckit and Two-Part Models
Rarely Enjoyed? A Count Data Analysis of Ridership in Germany's Public Transport
Cycling on the extensive and intensive margin: The role of paths and prices
Fuel Taxes versus Efficiency Standards – An Instrumental Variable Approach
On Interaction Effects: The Case of Heckit and Two-Part Models
On Interaction Effects: The Case of Heckit and Two-part Models
Re-Identifying the Rebound – What About Asymmetry?
Future Pain at the Diesel Pump? Potential Effects of the European Commission's Energy Taxation Proposal
Driving for Fun? – A Comparison of Weekdays and Weekend Travel
Fixed, Random, or Something in Between? – A Variant of HAUSMAN's Specification Test for Panel Data Estimators
Rarely Enjoyed? A Count Data Analysis of Transit Ridership in Germany's Public Transport
From fuel taxation to efficiency standards: A wrong turn in European climate protection?
On Marginal and Interaction Effects: The Case of Heckit and Two-Part Models
Rarely Enjoyed? A Count Data Analysis of Ridership in Germany's Public Transport
Cycling on the extensive and intensive margin: The role of paths and prices
Fuel Taxes versus Efficiency Standards – An Instrumental Variable Approach
On Interaction Effects: The Case of Heckit and Two-Part Models
On Interaction Effects: The Case of Heckit and Two-part Models
Re-Identifying the Rebound – What About Asymmetry?
Future Pain at the Diesel Pump? Potential Effects of the European Commission's Energy Taxation Proposal
Driving for Fun? – A Comparison of Weekdays and Weekend Travel
Fixed, Random, or Something in Between? – A Variant of HAUSMAN's Specification Test for Panel Data Estimators
Rarely Enjoyed? A Count Data Analysis of Transit Ridership in Germany's Public Transport
From fuel taxation to efficiency standards: A wrong turn in European climate protection?
On Marginal and Interaction Effects: The Case of Heckit and Two-Part Models
Rarely Enjoyed? A Count Data Analysis of Ridership in Germany's Public Transport
Cycling on the extensive and intensive margin: The role of paths and prices
Fuel Taxes versus Efficiency Standards – An Instrumental Variable Approach
On Interaction Effects: The Case of Heckit and Two-Part Models
On Interaction Effects: The Case of Heckit and Two-part Models
Re-Identifying the Rebound – What About Asymmetry?
Future Pain at the Diesel Pump? Potential Effects of the European Commission's Energy Taxation Proposal
Driving for Fun? – A Comparison of Weekdays and Weekend Travel
Fixed, Random, or Something in Between? – A Variant of HAUSMAN's Specification Test for Panel Data Estimators