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dc.creatorViladrich Grau, Montserrates_ES
dc.description.abstractThis paper evaluates the Spanish system of environmental subsidies for cogeneration processes and analyses their capacity to overcome these barriers. In particular, we focus on the role and relevance of the monetary aids paid to traditional electricity producers - such as aid to national coal and competition transition charges – in creating a barrier to the development of cogeneration. As we shall see, subsidising cogeneration systems results in welfare gains that could be increased if the aid rendered to conventional electricity producers were reduced or discontinued. Next, we compare the environmental cost of the different methods of producing electricity. We then present the system of cogeneration subsidies contemplated by Spanish legislation, before going on to examine the economic incentives and effects to which this system gives rise and study the implications for energy consumption. Finally, we conclude with a series of recommendations that may prove useful for other European countries.en
dc.description.sponsorshipSupport for this paper was received from the Spanish Comisión Interministerial de Ciencia y Tecnología, SEC97-1355 and the Comisión Nacional del Sector Eléctrico.en
dc.format.extent30 p.
dc.relation.ispartofseriesDocumentos de Trabajo DE - ES Lan Gaiakes
dc.rightsCC Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0)en
dc.titleInternalising externalities: are cogeneration subsidies high enough?en
dc.typeDocumento de trabajo / Lan gaiakes
dc.rights.accessRightsAcceso abierto / Sarbide irekiaes

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CC Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0)
Except where otherwise noted, this item's license is described as CC Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0)

El Repositorio ha recibido la ayuda de la Fundación Española para la Ciencia y la Tecnología para la realización de actividades en el ámbito del fomento de la investigación científica de excelencia, en la Línea 2. Repositorios institucionales (convocatoria 2020-2021).
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