Naslov
Effectiveness of Financial and Fiscal Instruments for Promoting Sustainable Renewable Energy Technologies

Autori
Dombrovski, Renata

Izvornik
Economic and business review (1580-0466) 17 (2015), 3; 313-346

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
renewable energy technology ; sustainability ; financial instrument ; fiscal instrument ; effectiveness

Sažetak
The new EU target of achieving 80-95% emission reductions by 2050 calls for novel energy policy solutions. Previous research has failed to evaluate the influence of all relevant elements of energy policy on technology-specific sustainable renewable energy diffusion. This paper adds to existing research by studying the effectiveness of financial and fiscal instruments on diffusion, additionally controlling for potential political, economic, social, and environmental drivers. These drivers are analysed for 26 EU countries over the period 1990- 2011. The main results show that feed-in tariffs, quotas, and tenders effectively promote wind technologies. Other explanatory variables have technology- and model-dependent impacts.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA