Tradable certificates for renewable energy: The Italian experience with hydropower

F. Farinosi, L. Carrera, J. Mysiak, M. Breil, F. Testella
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引用次数: 5

Abstract

The paper reviews the economic incentives for the development of renewable energy sources in Italy, in particular in relation to hydroelectricity. The review addresses the impacts of the hydropower development incentivised by the Green Energy Certificates. The Green Energy Certificates were introduced in Italy in 1999 and modified several times. In 2011 the Italian Government decided to phase out the compliance market for certificates and to replace it with a system of auctions. The paper attempts to draw conclusions from the application of the compliance market in Italy, further discusses the performance in the light of the similar economic instruments put in place elsewhere in Europe and finally, offers a baseline for the comparison for the new policies to be implemented in the future.
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可交易的可再生能源证书:意大利水电的经验
本文回顾了意大利发展可再生能源的经济激励措施,特别是与水力发电有关的激励措施。本检讨讨论绿色能源证书所鼓励的水电发展的影响。绿色能源证书于1999年在意大利推出,并经过多次修改。2011年,意大利政府决定逐步淘汰证书合规市场,代之以拍卖制度。本文试图从合规市场在意大利的应用中得出结论,并根据欧洲其他地方实施的类似经济工具进一步讨论其表现,最后为将来实施的新政策提供比较基线。
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