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dc.contributor.authorCludius, Johanna-
dc.contributor.authorHermann, Hauke-
dc.contributor.authorMatthes, Felix Chr.-
dc.contributor.authorGraichen, Verena-
dc.date.accessioned2018-11-09T09:21:19Z-
dc.date.available2018-11-09T09:21:19Z-
dc.date.issued2014-
dc.identifier.issn0140-9883de_CH
dc.identifier.issn1873-6181de_CH
dc.identifier.urihttps://digitalcollection.zhaw.ch/handle/11475/12684-
dc.description.abstractGeneration from renewable energy sources in Germany has experienced a considerable uptake in recent years. Mainly responsible for this development is the German Renewable Energy Sources Act (Erneuerbare Energien Gesetz, EEG). This paper considers redistributive implications of the EEG for different electricity consumers. Using time-series regression analysis, we show that electricity generation by wind and PV has reduced spot market prices considerably by 6 €/MWh in 2010 rising to 10 €/MWh in 2012. We use these results to build a near-term forecasting tool for merit order effects, projected to reach 14-16 €/MWh in 2016. On the other hand, the costs of the EEG are passed forward to consumers in the form of a surcharge. Our findings highlight significant redistributive transfers under the current design of the EEG. In particular, some energy-intensive industries are benefiting from lower wholesale electricity prices whilst being largely exempted from contributing to the costs of the scheme. We also highlight implications of our results for other areas for reform of the EEG, such as adequate remuneration mechanisms that ensure efficient operation and investment decisions are made under the scheme. More generally, these findings suggest that policy makers need to integrate distributional assessments into policy design and implementation.de_CH
dc.language.isoende_CH
dc.publisherElsevierde_CH
dc.relation.ispartofEnergy Economicsde_CH
dc.rightsLicence according to publishing contractde_CH
dc.subjectRenewable electricityde_CH
dc.subjectMerit order effectde_CH
dc.subjectIndustry exemptionde_CH
dc.subjectDistributional implicationde_CH
dc.subject.ddc333.79: Energiede_CH
dc.titleThe merit order effect of wind and photovoltaic electricity generation in Germany 2008–2016 : estimation and distributional implicationsde_CH
dc.typeBeitrag in wissenschaftlicher Zeitschriftde_CH
dcterms.typeTextde_CH
zhaw.departementSchool of Management and Lawde_CH
dc.identifier.doi10.1016/j.eneco.2014.04.020de_CH
zhaw.funding.euNode_CH
zhaw.originated.zhawYesde_CH
zhaw.pages.end313de_CH
zhaw.pages.start302de_CH
zhaw.publication.statuspublishedVersionde_CH
zhaw.volume44de_CH
zhaw.publication.reviewPeer review (Publikation)de_CH
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Cludius, J., Hermann, H., Matthes, F. Chr., & Graichen, V. (2014). The merit order effect of wind and photovoltaic electricity generation in Germany 2008–2016 : estimation and distributional implications. Energy Economics, 44, 302–313. https://doi.org/10.1016/j.eneco.2014.04.020
Cludius, J. et al. (2014) ‘The merit order effect of wind and photovoltaic electricity generation in Germany 2008–2016 : estimation and distributional implications’, Energy Economics, 44, pp. 302–313. Available at: https://doi.org/10.1016/j.eneco.2014.04.020.
J. Cludius, H. Hermann, F. Chr. Matthes, and V. Graichen, “The merit order effect of wind and photovoltaic electricity generation in Germany 2008–2016 : estimation and distributional implications,” Energy Economics, vol. 44, pp. 302–313, 2014, doi: 10.1016/j.eneco.2014.04.020.
CLUDIUS, Johanna, Hauke HERMANN, Felix Chr. MATTHES und Verena GRAICHEN, 2014. The merit order effect of wind and photovoltaic electricity generation in Germany 2008–2016 : estimation and distributional implications. Energy Economics. 2014. Bd. 44, S. 302–313. DOI 10.1016/j.eneco.2014.04.020
Cludius, Johanna, Hauke Hermann, Felix Chr. Matthes, and Verena Graichen. 2014. “The Merit Order Effect of Wind and Photovoltaic Electricity Generation in Germany 2008–2016 : Estimation and Distributional Implications.” Energy Economics 44: 302–13. https://doi.org/10.1016/j.eneco.2014.04.020.
Cludius, Johanna, et al. “The Merit Order Effect of Wind and Photovoltaic Electricity Generation in Germany 2008–2016 : Estimation and Distributional Implications.” Energy Economics, vol. 44, 2014, pp. 302–13, https://doi.org/10.1016/j.eneco.2014.04.020.


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