NDLI: The cost of abating CO2 emissions by renewable energy incentives in Germany

Content Provider	IEEE Xplore Digital Library
Author	Marcantonini, C. Ellerman, A.D.
Copyright Year	2013
Description	Author affiliation: Climate Policy Res. Unit, Eur. Univ. Intitute, Fiesole, Italy (Marcantonini, C.; Ellerman, A.D.)
Abstract	Incentives for the development of renewable energy have increasingly become an instrument of climate policy, that is, as a means to reduce GHG emissions. This research analyzes the German experience in promoting renewable energy over the past decade to identify the ex post cost of reducing CO2 emissions through the promotion of renewable energy, specifically, wind and solar. To this propose, we calculated the annual CO2 abatement cost for the years 2006-2010 as the ratio of the net cost over the CO2 emission reductions resulting from the use of renewable energy. The net cost is the sum of the costs and cost savings due to the injection of renewable energy into the electric power system. Results show that CO2 abatement cost of wind are relatively low, of the order of tens of Euro per tonne of CO2, while CO2 abatement cost of solar are very high, of the order of hundreds of Euro per tonne of CO2. CO2 abatement cost has changed considerably over the years due to variations of fossil fuels prices, carbon price and the amount of generated renewable energy.
Starting Page	1
Ending Page	8
File Size	266215
Page Count	8
File Format	PDF
ISBN	9781479920082
ISSN	21654093
DOI	10.1109/EEM.2013.6607312
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2013-05-27
Publisher Place	Sweden
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Renewable energy sources Wind energy Electricity Carbon dioxide Generators Fuels Power generation
Content Type	Text
Resource Type	Article

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1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
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4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
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