IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/44853.html
   My bibliography  Save this paper

How solar subsidies can distort the power market: the case of Italy

Author

Listed:
  • Stagnaro, Carlo

Abstract

Italian policies to stimulate power production have been a success in the sense that solar power capacity has exploded, but they have also led to formidable costs. What is more, argues Carlo Stagnaro of the Italian think tank Istituto Bruno Leoni, support for green power has profoundly distorted the functioning of the Italian energy market. As solar power is subsidized and given unlimited priority access to the grid, the size of the "contestable market", where power producers compete with each other, has shrunk dramatically. Stagnaro warns that the measures now being discussed to remedy the problems will put further pressure on the market model in Italy and lead to more control from above.

Suggested Citation

  • Stagnaro, Carlo, 2012. "How solar subsidies can distort the power market: the case of Italy," MPRA Paper 44853, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:44853
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/44853/1/MPRA_paper_44853.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    Citations

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


    Cited by:

    1. Zyadin, Anas & Halder, Pradipta & Kähkönen, Tanja & Puhakka, Antero, 2014. "Challenges to renewable energy: A bulletin of perceptions from international academic arena," Renewable Energy, Elsevier, vol. 69(C), pages 82-88.
    2. Moiseyev, Alexander & Solberg, Birger & Kallio, A. Maarit I., 2014. "The impact of subsidies and carbon pricing on the wood biomass use for energy in the EU," Energy, Elsevier, vol. 76(C), pages 161-167.
    3. Luciano Lavecchia & Carlo Stagnaro, 2014. "Are Green Jobs Real Jobs? The Case of Photovoltaic Power in Italy," Energy & Environment, , vol. 25(5), pages 953-970, July.
    4. Guittet, Mélanie & Capezzali, Massimiliano & Gaudard, Ludovic & Romerio, Franco & Vuille, François & Avellan, François, 2016. "Study of the drivers and asset management of pumped-storage power plants historical and geographical perspective," Energy, Elsevier, vol. 111(C), pages 560-579.

    More about this item

    Keywords

    subsidies; renewable energies; solar power; electricity; competition; regulation; italy;
    All these keywords.

    JEL classification:

    • D47 - Microeconomics - - Market Structure, Pricing, and Design - - - Market Design
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • K23 - Law and Economics - - Regulation and Business Law - - - Regulated Industries and Administrative Law

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    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:pra:mprapa:44853. 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: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    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.