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Economic Impacts of Renewable Energy Promotion in Germany.

Authors :
Böhringer, Christoph
Landis, Florian
Tovar Reaños, Miguel Angel
Source :
Energy Journal; 2017 Special Issue, Vol. 38, p189-209, 21p
Publication Year :
2017

Abstract

Over the last decade Germany has boosted renewable energy in power production by means of massive subsidies. The flip side are very high electricity prices which raise concerns that the transition cost towards a renewable energy system will be mainly borne by poor households. In this paper, we combine computable general equilibrium and microsimulation analyses to investigate the economic impacts of Germany's renewable energy promotion. We find that the regressive effects of renewable energy promotion could be attenuated by alternative subsidy financing mechanisms. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
01956574
Volume :
38
Database :
Complementary Index
Journal :
Energy Journal
Publication Type :
Academic Journal
Accession number :
123066694
Full Text :
https://doi.org/10.5547/01956574.38.SI1.cboh