Feed-In Tariffs for Photovoltaics: Learning by Doing in Germany
| Autor: | Florian Leuthold, Robert Wand |
|---|---|
| Rok vydání: | 2009 |
| Předmět: |
Mechanical Engineering
media_common.quotation_subject Partial equilibrium Photovoltaic system Tariff Social Welfare Building and Construction Management Monitoring Policy and Law Environmental economics Learning-by-doing (economics) Microeconomics General Energy Economics Feed-in tariff Welfare Industrial organization Externality media_common |
| Zdroj: | SSRN Electronic Journal. |
| ISSN: | 1556-5068 |
| DOI: | 10.2139/ssrn.1485989 |
| Popis: | This paper examines the potential effects of Germany’s feed-in tariff policy for small roof-top solar PV systems installed between 2009 and 2030. Employing a partial equilibrium approach, we evaluate the policy by weighing the benefits from induced learning and avoided environmental externalities against the social costs of promoting residential PV. We use a dynamic optimization model that maximizes social welfare by accounting for learning-by-doing, technology diffusion, and yield-dependent demand. We find a wide range of effects on welfare, from net social costs of 2014 million € under a “business as usual” scenario to 7586 million € of net benefits under the positive prospects of PV’s development. Whereas the “business as usual” scenario underestimates actual price reductions, the positive scenario mirrors recent price developments and feed-in tariffs in the German residential PV market. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|