<abstract xmlns="http://www.w3.org/1999/xhtml"><p>Increasing volumes of electricity derived from renewable energy sources (RES-E) affect the electricity market prices and the prices for final electricity consumers in the Baltic States. The results of a multivariate regression analysis show that in 2013 the RES-E contributed to decreasing the electricity market prices in the Baltic States. However, the final electricity consumers pay for the promotion of RES-E through the approved RES-E component which has a tendency to increase. It is estimated that in 2013 the net benefits from the wind electricity promotion were achieved in Lithuania and Latvia while the net cost - in Estonia. This suggests that the economic efficiency of the wind electricity support scheme based on the application of feed-in tariffs was higher than that based on the feed-in premium.</p></abstract>

Increasing volumes of electricity derived from renewable energy sources (RES-E) affect the electricity market prices and the prices for final electricity consumers in the Baltic States. The results of a multivariate regression analysis show that in 2013 the RES-E contributed to decreasing the electricity market prices in the Baltic States. However, the final electricity consumers pay for the promotion of RES-E through the approved RES-E component which has a tendency to increase. It is estimated that in 2013 the net benefits from the wind electricity promotion were achieved in Lithuania and Latvia while the net cost - in Estonia. This suggests that the economic efficiency of the wind electricity support scheme based on the application of feed-in tariffs was higher than that based on the feed-in premium.

Res-E Support Policies in the Baltic States: Electricity Price Aspect (Part II)

Institute of Physical Energetics, 21 Aizkraukles Str., Riga, LV-1006, LATVIA

Latvian Journal of Physics and Technical Sciences

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"Res-E Support Policies in the Baltic States: Electricity Price Aspect (Part II)"}

Increasing volumes of electricity derived from renewable energy sources (RES-E) affect the electricity market prices and the prices for final electricity...

Res-E Support Policies in the Baltic States: Electricity Price Aspect (Part II)

Published Online: May 22, 2015

Page range: 13 - 25

DOI: https://doi.org/10.1515/lpts-2015-0008

© by V. Bobinaite

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.