Effectiveness and Efficiency of Economic Incentives for Electricity Generation from Renewable Energy Sources in Latvia

Applied Economics: Systematic Research 2011
Arta Deniņa, Jānis Zvanītājs

The paper analyzes the effectiveness and efficiency of promotion of electricity generation from renewable energy sources (RES) in Latvia by looking at the economic incentives available for entrepreneurs. The main support measure for increased use of RES is the obligatory purchase mechanism (OPM) and the feed-in tariffs for electricity that is generated from RES (RES-E). The methodology for assessing the efficiency of the economic incentives for RES-E producers is set out. The paper concludes that the efficiency of economic incentives for RES-E generation in Latvia is low and need to be improved.

Keywords
efficiency, renewable energy sources, electricity, levelized cost of electricity generation
Hyperlink
https://www.vdu.lt/cris/handle/20.500.12259/1242

Deniņa, A., Zvanītājs, J. Effectiveness and Efficiency of Economic Incentives for Electricity Generation from Renewable Energy Sources in Latvia. Applied Economics: Systematic Research, 2011, Vol. 5, No. 2, pp.163-177. ISSN 1822-7996. e-ISSN 2335-8742.

Publication language
English (en)