Wind power in the Danish liberalised power market-Policy measures, price impact and investor incentives

被引:125
作者
Munksgaard, Jesper [1 ]
Morthorst, Poul Erik [2 ]
机构
[1] Econ Poyry, DK-1366 Copenhagen K, Denmark
[2] Risoe Natl Lab, DK-4000 Roskilde, Denmark
关键词
Wind power; Electricity reform; Policy measures;
D O I
10.1016/j.enpol.2008.07.024
中图分类号
F [经济];
学科分类号
02 ;
摘要
Wind power has a strong position at the Danish electricity market, mainly caused by high feed-in tariffs in the 1990s. Investments in new wind-power installations on land, however, have declined dramatically after the Danish electricity market was liberalised in 1999. First, the paper describes how policy measures directed towards wind power have been redesigned to match the liberalised market. Then, we estimate the impact of the redesigned tariffs on the electricity prices. Finally, we assess whether the new tariffs make an incentive to invest in wind power. The paper concludes that the new tariffs not by itself make evidence for the actual Danish recession in new wind-power installations after the electricity reform. The main causes could include a combination of problems in spatial planning, high risk aversion of new wind turbine investors and perhaps more favourable support schemes in other countries. (C) 2008 Elsevier Ltd. All rights reserved.
引用
收藏
页码:3940 / 3947
页数:8
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