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Green Electricity Subsidies in Bulgaria - Vectors of (re)distribution

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  • Svetlana Gercheva

    (University of Economics - Varna, Varna, Bulgaria)

Abstract

Government subsidies are usually targeted to confer benefits to consumers by lowering the prices they pay or to producers by raising the prices they receive. A relatively novel application of the public sector subsidies is within the renewable energy sector. Feed-in tariffs and feed-in premiums are among the driving forces behind the recent expansion of clean electricity generation, while the CO2 allowances allocated for free are projected to induce the conventional power plants in the new member states of the EU to invest the cost savings in environmental abatement. The current paper deals with the vectors of possible (re)distribution of the subsidies for green electricity in order to discern their progressive or regressive features in Bulgaria.

Suggested Citation

  • Svetlana Gercheva, 2022. "Green Electricity Subsidies in Bulgaria - Vectors of (re)distribution," Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, Union of Scientists - Varna, Economic Sciences Section, vol. 11(1), pages 18-26, April.
    • Handle: RePEc:vra:journl:v:11:y:2022:i:1:p:18-26
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    green energy subsidies; progressive/regressive (re)distribution; feed-in tariffs; feed-in premiums; CO2 allowances; government compensations;
    All these keywords.

    JEL classification:

    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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