An evaluation of public aids towards renewable energy sources in Spain

Ferreira, José Luis; Escribano, Álvaro

Publication:
An evaluation of public aids towards renewable energy sources in Spain

dc.affiliation.dpto	UC3M. Departamento de Economía	es
dc.contributor.author	Ferreira, José Luis
dc.contributor.author	Escribano, Álvaro
dc.contributor.editor	Universidad Carlos III de Madrid. Departamento de Economía
dc.date.accessioned	2010-12-14T09:47:05Z
dc.date.available	2010-12-14T09:47:05Z
dc.date.issued	2010-12
dc.description.abstract	Public aids towards renewable energy sources in Spain have had the consequence of a great increase in their use. This is particularly true for the case of wind generation. For the year 2007, we show that the savings in social costs due to carbon emissions account for a figure between 25% and 78% of total aids. Since some of the public aids are just a money transfer with no effect on total social welfare the justification of the net costs of the aids is higher. For the particular case of wind generation, we find that in the worst case scenario 45% of the social cost implied by the public aids is justified by the reduction in carbon emissions, and that the benefits of CO2 reductions are 135% higher than the costs in the best case scenario.
dc.format.mimetype	application/octet-stream
dc.format.mimetype	application/octet-stream
dc.format.mimetype	application/pdf
dc.identifier.issn	2340-5031
dc.identifier.repec	we1037
dc.identifier.uri	https://hdl.handle.net/10016/9796
dc.language.iso	eng
dc.relation.ispartofseries	UC3M Working papers. Economics
dc.relation.ispartofseries	10-37
dc.rights	Atribución-NoComercial-SinDerivadas 3.0 España
dc.rights.accessRights	open access
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subject.eciencia	Economía
dc.title	An evaluation of public aids towards renewable energy sources in Spain
dc.type	working paper	*
dspace.entity.type	Publication