Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.enpol.2017.01.006 |
Revisiting support policies for RES-E adulthood: Towards market compatible schemes | |
Huntington, Samuel C.1,2; Rodilla, Pablo3; Herrero, Ignacio3; Batlle, Carlos1,2,3 | |
2017-05-01 | |
发表期刊 | ENERGY POLICY
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ISSN | 0301-4215 |
EISSN | 1873-6777 |
出版年 | 2017 |
卷号 | 104 |
文章类型 | Article |
语种 | 英语 |
国家 | USA; Spain |
英文摘要 | The past two decades of growth in renewable energy sources of electricity (RES-E) have been largely driven by out-of-market support policies. These schemes were designed to drive deployment on the basis of specific subsidies sustained in time to allow for the larger costs as well as to limit investor risk. While these policies have proven to be effective, the way they have been designed to date has led to costly market distortions that are becoming more difficult to ignore as penetrations reach unpreceded levels. In the context of this growing concern, we provide a critical analysis of the design elements of RES-E support schemes, focusing on how they affect this trade-off between promoting and efficiently integrating RES-E. The emphasis is on the structure of the incentive payment, which in the end turns to be the cornerstone for an efficient integration. We conclude that, while needed, a well-designed and further developed capacity-based support mechanism complemented with ex-post compensations defined for reference benchmark plants, such as the mechanism currently implemented in Spain, is an alternative with good properties if the major goal is truly market integration. The approach is robust to future developments in technology cost, performance and market penetration of RES-E. |
英文关键词 | RES-E support schemes Electricity market design Market integration Negative prices |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000397549500048 |
WOS关键词 | AUCTIONS |
WOS类目 | Economics ; Energy & Fuels ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/18478 |
专题 | 气候变化 |
作者单位 | 1.MIT, Energy Initiat, 77 Massachusetts Ave, Cambridge, MA 02139 USA; 2.MIT, Engn Syst Div, 77 Massachusetts Ave, Cambridge, MA 02139 USA; 3.Comillas Pontifical Univ, Inst Res Technol IIT, St Cruz de Marcenado 26, Madrid, Spain |
推荐引用方式 GB/T 7714 | Huntington, Samuel C.,Rodilla, Pablo,Herrero, Ignacio,et al. Revisiting support policies for RES-E adulthood: Towards market compatible schemes[J]. ENERGY POLICY,2017,104. |
APA | Huntington, Samuel C.,Rodilla, Pablo,Herrero, Ignacio,&Batlle, Carlos.(2017).Revisiting support policies for RES-E adulthood: Towards market compatible schemes.ENERGY POLICY,104. |
MLA | Huntington, Samuel C.,et al."Revisiting support policies for RES-E adulthood: Towards market compatible schemes".ENERGY POLICY 104(2017). |
条目包含的文件 | 条目无相关文件。 |
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