Empirical evidence on renewable electricity, greenhouse gas emissions and feed-in tariffs in Czech Republic and Germany

Janda, Karel and Tyuleubekov, Sabyrzhan (2016): Empirical evidence on renewable electricity, greenhouse gas emissions and feed-in tariffs in Czech Republic and Germany.

Abstract

In this paper we estimated relation between greenhouse gas abatement and share of renewable energy resources in Germany and Czech Republic. We also analysed the dependence between annual installed capacities of RES and respective feed-in tariffs. We took the empirical data of annual installed capacities and regressed it on respective feed-in tariffs (FIT) and/or their polynomials. The analysis resulted in optimum intervals for some types of RES, which are summarised in our paper. We could not collect most of the data for the Czech Republic, since the Energy Regulatory Office of the Czech Republic does not publish the time series for RES, unlike Germany, which publishes a comprehensive database regarding RES. Optimum intervals in our paper indicate at which values of FIT the biggest amount of installed capacities is anticipated. Thus, if FIT scheme to be continued after 2017, FITs should be set inside these intervals. These intervals assume that there are not any caps and restrictions.

• Item Type: MPRA Paper
• Language: English
• Keywords: Renewable energy, feed-in tariff, Czech renewables, German Renewables
• Subjects: G - Financial Economics > G3 - Corporate Finance and Governance > G32 - Financing Policy ; Financial Risk and Risk Management ; Capital and Ownership Structure ; Value of Firms ; Goodwill; L - Industrial Organization > L9 - Industry Studies: Transportation and Utilities > L94 - Electric Utilities; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q2 - Renewable Resources and Conservation > Q28 - Government Policy

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