We investigate the impact that two German energy reforms-phase-out of nuclear power plants after the Fukushima incident and expansion of renewables due to fixed feed-in tariffs-had on neighbouring countries' consumers. The unilateral German reforms generated substantial negative and positive impacts, respectively, in neighbouring countries with the highest overall effect of German policy found in France, not Germany; an annual negative impact on consumers of €3.15 billion. We also find significant differences in market integration between neighbouring countries by calculating ratios between the estimated policy decisions' impacts before and after controlling for interconnector congestion.

Electricity market integration and the impact of unilateral policy reforms / Grossi, L.; Heim, S.; Huschelrath, K.; Waterson, M.. - In: OXFORD ECONOMIC PAPERS. - ISSN 0030-7653. - 70:3(2018), pp. 799-820. [10.1093/oep/gpy005]

Electricity market integration and the impact of unilateral policy reforms

Grossi L.;
2018-01-01

Abstract

We investigate the impact that two German energy reforms-phase-out of nuclear power plants after the Fukushima incident and expansion of renewables due to fixed feed-in tariffs-had on neighbouring countries' consumers. The unilateral German reforms generated substantial negative and positive impacts, respectively, in neighbouring countries with the highest overall effect of German policy found in France, not Germany; an annual negative impact on consumers of €3.15 billion. We also find significant differences in market integration between neighbouring countries by calculating ratios between the estimated policy decisions' impacts before and after controlling for interconnector congestion.
2018
Electricity market integration and the impact of unilateral policy reforms / Grossi, L.; Heim, S.; Huschelrath, K.; Waterson, M.. - In: OXFORD ECONOMIC PAPERS. - ISSN 0030-7653. - 70:3(2018), pp. 799-820. [10.1093/oep/gpy005]
File in questo prodotto:
Non ci sono file associati a questo prodotto.

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11381/2997254
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus 17
  • ???jsp.display-item.citation.isi??? 16
social impact