The promoting of renewable energy is at the heart of the current debate on energy policy. From an economic perspective, the question focusses on determining the cost of the feed-in tariff systems. Firstly, whether the incentives are as expensive as has been maintained in the most recent regulatory modifications, and secondly, whether the effect is similar with respect to all renewable technologies. The study by the UPV/EHU’s Bilbao Energy Research Team (BERT) tackles these questions empirically, and concludes that wind energy continues to produce greater savings than what its incentives amount to, while photovoltaic solar technologies are still in the development phase. The study has been published in the journal Energy Policy.
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