Análisis de impacto de alternativas para la financiación de energías renovables en España

  1. González-Eguino, Mikel 1
  2. García-Muros, Xaquin 2
  3. Arto, Iñaki 3
  4. Pizarro-Irizar, Cristina 1
  1. 1 Basque Centre for Climate Change y Universidad del País Vasco
  2. 2 Basque Centre for Climate Change y MIT Joint Program on the Science and Policy of Global Change
  3. 3 BC3 Basque Centre for Climate Change
    info

    BC3 Basque Centre for Climate Change

    Lejona, España

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Journal:
Cuadernos económicos de ICE

ISSN: 0210-2633,  2340-9037

Year of publication: 2022

Issue Title: La transición a sociedades descarbonizadas

Issue: 104

Pages: 111-136

Type: Article

DOI: 10.32796/CICE.2022.104.7476 DIALNET GOOGLE SCHOLAR lock_openOpen access editor

More publications in: Cuadernos económicos de ICE

Abstract

This article analyzes the economic, social and environmental impact of various financing mechanisms for the regulated costs of renewable energies in the electricity sector (RECORE) inSpain. The scenarios analysed, alternative to the current system, in which the costs are transferred in full to the electricity bill of final consumers, are the following: financing through the General State Budgets (PGE scenario), financing through a tax proportional to final energy consumption (Energy scenario) and financed through a CO2 tax in diffuse sectors (CO2 scenario). The study uses a computable general equilibrium (CGE) model and a micro simulation model that includes detailed information on the 22,000 households included in the Household Budget Survey. The results show that the impact at the macroeconomic level is positive but very small for all the scenarios analyzed and that the changes at the sectoral level or in emissions depend notably on the scenario. All the scenarios favor low-income households since their spending on electricityrepresents a relatively higher percentage of their income. Although no alternative is better in all the dimensions analyzed, taxes on energy or CO2 favor the energy transition, while the PGE alternative generates more progressive distributional effects.

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Data source: Dialnet