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Res-E Support Policies in the Baltic States: Electricity Price Aspect (Part II) Cover

Res-E Support Policies in the Baltic States: Electricity Price Aspect (Part II)

By: V. Bobinaite and  I. Priedite  
Open Access
|May 2015

Abstract

Increasing volumes of electricity derived from renewable energy sources (RES-E) affect the electricity market prices and the prices for final electricity consumers in the Baltic States. The results of a multivariate regression analysis show that in 2013 the RES-E contributed to decreasing the electricity market prices in the Baltic States. However, the final electricity consumers pay for the promotion of RES-E through the approved RES-E component which has a tendency to increase. It is estimated that in 2013 the net benefits from the wind electricity promotion were achieved in Lithuania and Latvia while the net cost - in Estonia. This suggests that the economic efficiency of the wind electricity support scheme based on the application of feed-in tariffs was higher than that based on the feed-in premium.

DOI: https://doi.org/10.1515/lpts-2015-0008 | Journal eISSN: 2255-8896 | Journal ISSN: 0868-8257
Language: English
Page range: 13 - 25
Published on: May 22, 2015
In partnership with: Paradigm Publishing Services
Publication frequency: 6 issues per year

© 2015 V. Bobinaite, I. Priedite, published by Institute of Physical Energetics
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.