Towards a comprehensive policy for electricity from renewable energy: Designing for social welfare

The governance of renewable electricity in Europe beyond 2020 is still uncertain. The only certain aspects are that national level targets will be abolished beyond 2020, and that most renewable electricity support schemes will take the form of competitive bidding. The objective of this paper is to assess the impact of policy choices, the so...

Long-term effects on investments in electricity markets of renewable energy tender policies under harmonization: An agent-based approach

The current decentralized support schemes for stimulating renewable energy from electricity (RES-E) in the Member States (MS) of the European Union (EU) cause cost inefficiencies, distort the market and competition and exhibit unclear welfare effects. RES-E policy harmonization, a top-down approach that equalize, support schemes among MS, can...