Munich Personal RePEc Archive

Panel regression analysis of electricity prices and renewable energy in the European Union

Cech, Marek (2016): Panel regression analysis of electricity prices and renewable energy in the European Union.

WarningThere is a more recent version of this item available.
[img]
Preview
PDF
MPRA_paper_74601.pdf

Download (551kB) | Preview

Abstract

This paper provides an econometric panel data model with data collected from 13 member states of the European Union over the period between 2010 and 2013 analysing two energy and climate relationships. First, it investigates the impact of the share of renewable energy sources in the final electricity production on the European consumer electricity prices. Second, it analyzes whether the replacement of fossil fuels by renewable energy causes a significant decrease in the greenhouse gases (specifically carbon dioxide) emissions. The results of our model analysis suggest that household electricity prices in the studied countries increase with the deployment of renewable electricity production. On the contrary, a negative effect of the renewables used in energy consumption on the CO2 emissions produced was found by the model regression.

Available Versions of this Item

Logo of the University Library LMU Munich
MPRA is a RePEc service hosted by
the University Library LMU Munich in Germany.