Subsidies for electricity-generating technologies: A review

Badcock, Jeremy; Lenzen, Manfred

doi:10.1016/j.enpol.2010.04.031

Cited by 85 publications

(38 citation statements)

References 16 publications

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“…Globally, approximately $420 billion is spent annually on energy subsidies, making it one of the most subsidized sectors (Badcock and Lenzen 2010;Lewis 2012). Although most of these subsidies are for petroleum, substantial support is directed toward electricity consumption (Foster and Yepes 2006).…”

Section: Energy Subsidies and Energy Efficiencymentioning

confidence: 99%

“…Studies have lamented the lack of a global or even OECD-wide inventory of programs (Badcock and Lenzen 2010;Gadgil and Anjali Sastry 1994). Badcock and Lenzen undertook a comprehensive review of subsidies for energy generation, but they did not find a consistent definition of electricity subsidies, a consistent method of accounting for them, or a consistent method for estimating them (Badcock and Lenzen 2010). Even the European Union does not use a uniform evaluation method for each member country (Bacon et al 2010).…”

Section: Energy Subsidies and Energy Efficiencymentioning

confidence: 99%

“…Badcock and Lenzen undertook a comprehensive review of subsidies for energy generation, but they did not find a consistent definition of electricity subsidies, a consistent method of accounting for them, or a consistent method for estimating them (Badcock and Lenzen 2010). Even the European Union does not use a uniform evaluation method for each member country (Bacon et al 2010). Part of the difficulty in evaluating and analyzing subsidies is the numerous forms that subsidies can take including direct cash transfers, tax credits, rebates, accelerated depreciation, cross subsidies, price caps, subsidized loans, waived dividends, risk assumption, or delayed system maintenance (Komives et al 2005).…”

Section: Energy Subsidies and Energy Efficiencymentioning

confidence: 99%

“…From a theoretical economic perspective, a rollback of subsidies would be a first-choice energy policy (Komives et al 2009). However, as we discuss earlier, such policies have proven to be politically challenging (Bacon et al 2010). This is because the government is not just concerned by economic efficiency but also by political reality and the need to maintain broad popularity.…”

Section: Improving Energy Efficiency In Subsidized Regimesmentioning

confidence: 99%

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Self-financed efficiency incentives: case study of Mexico

2014

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Numerous countries use public funds to subsidize residential electricity for a variety of socioeconomic objectives. These subsidies lower the value of energy efficiency to the consumer while raising it for the government. Further, while it would be especially helpful to have stringent Minimum Energy Performance Standards (MEPS) for end uses in this environment, they are hard to strengthen without imposing a cost on ratepayers. In this second-best world, where the presence of subsidies limits the government's ability to strengthen standards, we find that efficiency-induced savings in subsidy payments can be a significant source of financing for energy efficiency incentive programs. Here, we introduce the Lawrence Berkeley National Laboratory (LBNL) Energy Efficiency Revenue Analysis (LEERA) model to estimate the greatest appliance efficiency improvements that can be achieved in Mexico by the revenue neutral financing of incentive programs from savings in subsidy payments yielded by the same efficiency improvements. We analyze Mexico's tariff structures and the long-run marginal cost of supply to calculate the marginal savings for the government from appliance efficiency. We find that these avoided subsidy payments alone can provide enough revenue to cover the full incremental manufacturing cost of refrigerators that are 29 % more efficient and televisions that are 36 % more efficient than baseline models. For room air conditioners (ACs), the same source of financing can contribute up to one third of the incremental manufacturing cost of a model that is 10 % more efficient than baseline. We analyze the sensitivity of our results to the most important parameters and find our main conclusion that efficiency-induced avoided subsidy payments will contribute significantly to financing efficiency incentive programs in Mexico to be significant and robust.

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Section: Energy Subsidies and Energy Efficiencymentioning

confidence: 99%

Section: Energy Subsidies and Energy Efficiencymentioning

confidence: 99%

Section: Energy Subsidies and Energy Efficiencymentioning

confidence: 99%

Section: Improving Energy Efficiency In Subsidized Regimesmentioning

confidence: 99%

See 2 more Smart Citations

Self-financed efficiency incentives: case study of Mexico

2014

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“…Especially with the increase of oil price and the surge in demand for energy around the world in recent years, solar thermal power generation, and some new sources of energy such as solar hydrogen production development project is becoming a hot spot of research. High temperature molten salts as a heat transfer heat storage medium has been more widely used [5][6][7].…”

Section: Introductionmentioning

confidence: 99%

Study on corrosion of metal materials in nitrate molten salts

Zhai

Yang

et al. 2017

AIP Conference Proceedings

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Material investigations on the thermal stability of solar salt and potential filler materials for molten salt storage AIP Conference Proceedings 1850, 080008 (2017) Abstract. High temperature molten salts as a heat transfer heat storage medium has been more widely used in the field of concentrated solar thermal power generation. In the thermal heat storage system, metal material stability and performance at high temperatures are of one major limitation in increasing this operating temperature. In this paper, study on corrosion of 321H, 304, 316L, P91 metal materials in modified solar two molten salts. The corrosion kinetics of 304, 316L, 321H, P91 metal material in the modified solar two molten salts at 450°C, 500°C is also investigated. Under the same condition it was found that 304, 321H corroded at a rate of 40% less than P91. Spallation of corrosion products was observed on P91 steel, while no obvious observed on other kinds of stainless steel. Corrosion rates of 304, 321H, and 316L slowly increased with temperature. Oxidation mechanisms little varied with temperature. Corrosion products of metal materials observed at 450°C, 500°C were primarily Fe oxide and Fe, Cr oxide.

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Regulation of Micro and Local Power Markets

Kuiken

2019

Micro and Local Power Markets

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Subsidies for electricity-generating technologies: A review

Cited by 85 publications

References 16 publications

Self-financed efficiency incentives: case study of Mexico

Self-financed efficiency incentives: case study of Mexico

Study on corrosion of metal materials in nitrate molten salts

Regulation of Micro and Local Power Markets

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