Retail price effects of feed-in tariff regulation

The feed-in tariff regulation is the widest spread instrument used to promote electricity generation from renewable energy sources in the EU, with the costs of resources devoted to this promotion usually being borne by final consumers. Two components of the electricity retail price are expected to b...

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Detalles Bibliográficos
Autores: Costa, M. Teresa (Maria Teresa), 1951-, Trujillo-Baute, Elisa
Tipo de recurso: artículo
Estado:Versión aceptada para publicación
Fecha de publicación:2015
País:España
Institución:Universidad de Barcelona
Repositorio:Dipòsit Digital de la UB
OAI Identifier:oai:diposit.ub.edu:2445/117466
Acceso en línea:https://hdl.handle.net/2445/117466
Access Level:acceso abierto
Palabra clave:Aranzels de duanes
Política de preus
Producció d'energia elèctrica
Tariff
Prices policy
Electric power production
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spelling Retail price effects of feed-in tariff regulationCosta, M. Teresa (Maria Teresa), 1951-Trujillo-Baute, ElisaAranzels de duanesPolítica de preusProducció d'energia elèctricaTariffPrices policyElectric power productionThe feed-in tariff regulation is the widest spread instrument used to promote electricity generation from renewable energy sources in the EU, with the costs of resources devoted to this promotion usually being borne by final consumers. Two components of the electricity retail price are expected to be influenced by the feed-in tariff regulation: the incentive to those firmsproducing electricity fromrenewable energy sources and thewholesale price of electricity. In this studywe analyze the effects that the feed-in tariff regulation has on the electricity retail price for industrial consumers. Weestimate the relative intensity of the impact of the cost of support electricity generation under the feed-in tariff and the electricity wholesale price on the Spanish industrial retail price. Special attention is devoted to technology-specific considerations, as well as short and long run effects. The results show that there is not a strong link between the retail and wholesale market for Spanish industrial consumers. Moreover, the results indicate that an increase of solar generation leads to a higher increase in the industrial retail price than in the case of a proportional increase of wind generation. This suggests that, when evaluating the feed-in tariff regulation impact on the retail price, the cost of incentives effect prevails over the wholesale price effect, and this is stronger for solar than for wind generation.Elsevier Ltd2015info:eu-repo/semantics/articleinfo:eu-repo/semantics/acceptedVersionapplication/pdfhttps://hdl.handle.net/2445/117466Articles publicats en revistes (Economia)reponame:Dipòsit Digital de la UBinstname:Universidad de BarcelonaInglésVersió postprint del document publicat a: https://doi.org/10.1016/j.eneco.2015.06.002Energy Economics, 2015, vol. 51, num. September, p. 157-165https://doi.org/10.1016/j.eneco.2015.06.002cc-by-nc-nd (c) Elsevier Ltd, 2015http://creativecommons.org/licenses/by-nc-nd/3.0/esinfo:eu-repo/semantics/openAccessoai:diposit.ub.edu:2445/1174662026-05-27T06:46:51Z
dc.title.none.fl_str_mv Retail price effects of feed-in tariff regulation
title Retail price effects of feed-in tariff regulation
spellingShingle Retail price effects of feed-in tariff regulation
Costa, M. Teresa (Maria Teresa), 1951-
Aranzels de duanes
Política de preus
Producció d'energia elèctrica
Tariff
Prices policy
Electric power production
title_short Retail price effects of feed-in tariff regulation
title_full Retail price effects of feed-in tariff regulation
title_fullStr Retail price effects of feed-in tariff regulation
title_full_unstemmed Retail price effects of feed-in tariff regulation
title_sort Retail price effects of feed-in tariff regulation
dc.creator.none.fl_str_mv Costa, M. Teresa (Maria Teresa), 1951-
Trujillo-Baute, Elisa
author Costa, M. Teresa (Maria Teresa), 1951-
author_facet Costa, M. Teresa (Maria Teresa), 1951-
Trujillo-Baute, Elisa
author_role author
author2 Trujillo-Baute, Elisa
author2_role author
dc.subject.none.fl_str_mv Aranzels de duanes
Política de preus
Producció d'energia elèctrica
Tariff
Prices policy
Electric power production
topic Aranzels de duanes
Política de preus
Producció d'energia elèctrica
Tariff
Prices policy
Electric power production
description The feed-in tariff regulation is the widest spread instrument used to promote electricity generation from renewable energy sources in the EU, with the costs of resources devoted to this promotion usually being borne by final consumers. Two components of the electricity retail price are expected to be influenced by the feed-in tariff regulation: the incentive to those firmsproducing electricity fromrenewable energy sources and thewholesale price of electricity. In this studywe analyze the effects that the feed-in tariff regulation has on the electricity retail price for industrial consumers. Weestimate the relative intensity of the impact of the cost of support electricity generation under the feed-in tariff and the electricity wholesale price on the Spanish industrial retail price. Special attention is devoted to technology-specific considerations, as well as short and long run effects. The results show that there is not a strong link between the retail and wholesale market for Spanish industrial consumers. Moreover, the results indicate that an increase of solar generation leads to a higher increase in the industrial retail price than in the case of a proportional increase of wind generation. This suggests that, when evaluating the feed-in tariff regulation impact on the retail price, the cost of incentives effect prevails over the wholesale price effect, and this is stronger for solar than for wind generation.
publishDate 2015
dc.date.none.fl_str_mv 2015
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/acceptedVersion
format article
status_str acceptedVersion
dc.identifier.none.fl_str_mv https://hdl.handle.net/2445/117466
url https://hdl.handle.net/2445/117466
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv Versió postprint del document publicat a: https://doi.org/10.1016/j.eneco.2015.06.002
Energy Economics, 2015, vol. 51, num. September, p. 157-165
https://doi.org/10.1016/j.eneco.2015.06.002
dc.rights.none.fl_str_mv cc-by-nc-nd (c) Elsevier Ltd, 2015
http://creativecommons.org/licenses/by-nc-nd/3.0/es
info:eu-repo/semantics/openAccess
rights_invalid_str_mv cc-by-nc-nd (c) Elsevier Ltd, 2015
http://creativecommons.org/licenses/by-nc-nd/3.0/es
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Elsevier Ltd
publisher.none.fl_str_mv Elsevier Ltd
dc.source.none.fl_str_mv Articles publicats en revistes (Economia)
reponame:Dipòsit Digital de la UB
instname:Universidad de Barcelona
instname_str Universidad de Barcelona
reponame_str Dipòsit Digital de la UB
collection Dipòsit Digital de la UB
repository.name.fl_str_mv
repository.mail.fl_str_mv
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score 15,300719

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