For the valuation of the renewable energy investments, providing private investors with a financial incentive to accelerate their investment is a very significant issue. Financial subsidies are known by the majority of the people to be one of the most important drivers in renewable energy expansion and one of the main reasons which result in the development of any industry. In this paper, we pr...

Mortgage markets are coming of age in a number of Eastern Europe and CIS countries. As they do, governments are looking to mortgage-loan associated subsidy schemes to respond to the popular demand for improved housing. This paper presents a detailed examination of the impact of two types of subsidy schemes—mortgage interest rate write-downs, both universal and income-targeted, and income-target...

Pervasive energy subsidies for groundwater pumping pose a challenge for policy makers around the world who cope with lowering water tables from increased reliance on groundwater resources for irrigation. This paper outlines a series of laboratory experiments aimed to study the groundwater extraction decisions of stakeholders under alternative subsidy structures. We propose a model and a methodo...

Large literatures in economics and political science examine democracy’s impact on health, education, and other development indicators, but the political economy of electricity allocation has been ignored in previous work. Politicians determine electricity consumption patterns through state ownership and regulation (e.g. price subsidies). This study uses sectoral electricity consumption data fo...

■ Abstract We review the economics of electricity generated, or conserved, from a diverse range of fossil-fuel, nuclear, and renewable energy sources and energy efficiency options. At the same time, we survey the methods used to compute the costs of generated and delivered electricity and power, including bus bar costs; wholesale and retail marketplace costs; life-cycle accounting systems; prem...

In many countries, entry of renewable electricity producers has been supported by subsidies and financed by a tax on electricity consumed. This article is the first to analytically derive the dynamics of the generation mix, subsidy, and tax as renewable capacity increases. This enables us to complement and extend previous work by providing analytical expressions for previously obtained simulati...