Item Details
Skip Navigation Links
   ActiveUsers:1887Hits:20993292Skip Navigation Links
Show My Basket
Contact Us
IDSA Web Site
Ask Us
Today's News
HelpExpand Help
Advanced search

In Basket
  Journal Article   Journal Article
 

ID115172
Title ProperEffect of feed-in tariffs on the production cost and the landscape externalities of wind power generation in West Saxony, Germany
LanguageENG
AuthorDrechsler, Martin ;  Meyerhoff, Jurgen ;  Ohl, Cornelia
Publication2012.
Summary / Abstract (Note)Although wind power is currently the most efficient source of renewable energy, the cost of wind electricity still exceeds the market price. Subsidies in the form of feed-in tariffs (FIT) have been introduced in many countries to support the expansion of wind power. These tariffs are highly debated. Proponents say they are necessary to pave the way for decarbonising energy production. Opponents argue they prevent a welfare-optimal energy supply. Thus, in a case study we try to shed light on the welfare economic aspect of FIT by combining spatial modelling and economic valuation of landscape externalities of wind turbines. We show for the planning region West Saxony, Germany, that setting FIT in a welfare optimal manner is a challenging task. If set too high the production costs are overly increased, lowering social welfare. If set too low energy production targets may not be reached and/or external costs are overly increased, again lowering social welfare. Taking a closer look at the tariffs offered by the German Renewable Sources Energy Act we find for West Saxony that the tariffs quite well meet economic welfare considerations. One should note, however, that this finding might apply only to the present data set.
`In' analytical NoteEnergy Policy Vol. 48; Sep 2012: p.730-736
Journal SourceEnergy Policy Vol. 48; Sep 2012: p.730-736
Key WordsFeed - in Tariff ;  Spatial Allocation ;  Wind Power