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The Role of "Green" Electrictiy Generation Incentives


Maradin, Dario; Cerović, Ljerka; Olgić Draženović, Bojana
The Role of "Green" Electrictiy Generation Incentives // 6th International Scientific Symposium "Economy of Eastern Croatia - Vision and Growth" / Mašek Tonković, Anka (ur.).
Osijek: Sveučilište Josipa Jurja Strossmayera u Osijeku, Ekonomski fakultet u Osijeku, 2017. str. 657-665 (predavanje, međunarodna recenzija, cjeloviti rad (in extenso), znanstveni)


Naslov
The Role of "Green" Electrictiy Generation Incentives

Autori
Maradin, Dario ; Cerović, Ljerka ; Olgić Draženović, Bojana

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
6th International Scientific Symposium "Economy of Eastern Croatia - Vision and Growth" / Mašek Tonković, Anka - Osijek : Sveučilište Josipa Jurja Strossmayera u Osijeku, Ekonomski fakultet u Osijeku, 2017, 657-665

Skup
6th International Scientific Symposium "Economy of Eastern Croatia - Vision and Growth"

Mjesto i datum
Osijek, Hrvatska, 25.-27. svibnja 2017.

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
Incentives, renewable energy resources, “green” electricity, guaranteed purchase price, development of economy

Sažetak
Despite significant investments and incentives, renewable energy resources are still not economically competitive to traditional fossil energy resources, except for isolated sustainable power systems detached from the national electricity grid. As far as the cost of “green” power production, or the power generated from renewable resources, is not approximately equalized to the cost of fossil energy resources, or until the renewable energy technologies become competitive, it is necessary to make a considerable effort in the form of financial incentives and support towards the renewable energy sector. This implies further improvement and application of renewable energy technologies, which should stimulate the development of domestic production of energy equipment and services, the creation of new jobs and development of entrepreneurship in the energy sector and other related industries, the creation of new, innovative technologies and ultimately development of economy in general. The purpose of this study is to determine the significance and the role of measures, or public authorities' incentives to stimulate production and greater use of “green” electricity. Thereby the paper analyzes various systems of stimulation, such as preferential purchase prices, or feed-in tariffs for generated energy, models of market premiums, systems of mandatory quotas, certificates, models of direct subsidies for renewable resources installation, support for research and development, and other. The paper confirms the hypothesis about the impact of incentives on the increased use of renewable energy resources in EU Member States. Moreover, even though there is a potential for renewable resources, further action is necessary in the form of technical and administrative/legislative mechanisms in order to grow and develop the renewable energy market.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

Napomena
Zbornik indeksiran u Web of Science, EBSCO, Thomson Reuters, EconPapers ISSN 1848-9559



POVEZANOST RADA


Ustanove
Ekonomski fakultet, Rijeka

Časopis indeksira:


  • Web of Science Core Collection (WoSCC)
    • Conference Proceedings Citation Index - Social Sciences & Humanities (CPCI-SSH)