IDEAS home Printed from https://ideas.repec.org/a/sae/engenv/v17y2006i6p929-950.html
   My bibliography  Save this article

Prospects of Renewable Energy Development in the European Electricity Sector: Results of the Simulation Tool Green-X

Author

Listed:
  • Claus Huber

    (Energy Analyst Elektrizitäts-Gesellschaft Laufenburg Austria, Eschenbachstrasse 11/8, 1010 Wien, Austria)

  • Thomas Faber

    (Energy Economics Group, Vienna University of Technology, Gußhausstraße 25-29/373-2, 1040 Vienna, Austria)

  • Gustav Resch

    (Senior Researchers Energy Economics Group, Vienna University of Technology Gußhausstraße 25-29/373-2, 1040 Vienna, Austria)

Abstract

This paper presents the results of selected simulation runs based on the computer model Green-X. The results suggest that the most significant efficiency gains -measured in terms of premiums to support renewables - can be achieved by optimising national RESE support measures - between two thirds and three quarters of the overall cost reduction potential can be attributed to the optimisation of national support schemes. Further efficiency improvements at a considerably lower level (at about one quarter to one third of the overall cost reduction potential) are possible through an EU-wide harmonisation of support schemes provided that a common European power market exists. Regional coordination represents an essential step towards EU wide harmonisation; half the additional cost benefits of an EU-wide harmonisation can already be tapped through regional coordination compared to the nationally optimised schemes. If a harmonised policy is pursued, technology-specific support is superior to non-specific support with respect to cost minimisation.

Suggested Citation

  • Claus Huber & Thomas Faber & Gustav Resch, 2006. "Prospects of Renewable Energy Development in the European Electricity Sector: Results of the Simulation Tool Green-X," Energy & Environment, , vol. 17(6), pages 929-950, November.
  • Handle: RePEc:sae:engenv:v:17:y:2006:i:6:p:929-950
    DOI: 10.1260/095830506779398920
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1260/095830506779398920
    Download Restriction: no

    File URL: https://libkey.io/10.1260/095830506779398920?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. repec:dui:wpaper:1305 is not listed on IDEAS
    2. Steinbach, Jan & Ragwitz, Mario & Bürger, Veit & Becker, Liv & Kranzl, Lukas & Hummel, Marcus & Müller, Andreas, 2013. "Analysis of harmonisation options for renewable heating support policies in the European Union," Energy Policy, Elsevier, vol. 59(C), pages 59-70.
    3. Söderholm, Patrik, 2008. "The political economy of international green certificate markets," Energy Policy, Elsevier, vol. 36(6), pages 2051-2062, June.
    4. Spiecker, Stephan & Weber, Christoph, 2014. "The future of the European electricity system and the impact of fluctuating renewable energy – A scenario analysis," Energy Policy, Elsevier, vol. 65(C), pages 185-197.
    5. Söderholm, Patrik, 2008. "Harmonization of renewable electricity feed-in laws: A comment," Energy Policy, Elsevier, vol. 36(3), pages 946-953, March.
    6. Maza, Adolfo & Hierro, María & Villaverde, José, 2010. "Renewable electricity consumption in the EU-27: Are cross-country differences diminishing?," Renewable Energy, Elsevier, vol. 35(9), pages 2094-2101.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:engenv:v:17:y:2006:i:6:p:929-950. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.