The Economics of Policy Instruments to Stimulate Wind Power in Brazil
Large-scale deployment of renewable energy technologies, such as wind power and solar energy, has been taking place in industrialized and developing economics mainly because of various fiscal and regulatory policies. An understanding of the economy...
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| Language: | English en_US |
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World Bank, Washington, DC
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2015/06/24736160/economics-policy-instruments-stimulate-wind-power-brazil http://hdl.handle.net/10986/22226 |
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okr-10986-222262021-04-23T14:04:07Z The Economics of Policy Instruments to Stimulate Wind Power in Brazil Landis, Florian Timilsina, Govinda R. WIND POWER PLANTS TRANSPORT SECTOR TRANSMISSION CAPACITY CANE COST OF WIND POWER POWER PLANTS FOSSIL FUELS SUPPLY CURVE PRICE OF ELECTRICITY WIND POWER GENERATION CARBON ELECTRICITY GENERATION TECHNOLOGIES GENERATION COST OF ELECTRICITY WIND COSTS OF ELECTRICITY ELECTRICITY SYSTEM EMISSIONS GASOLINE POWER SUPPLY WIND POWER RESOURCES GAS RENEWABLE ENERGY POLICY PRICE GREENHOUSE GAS WIND POWER DEVELOPMENT ELECTRICITY CONSUMPTION ELECTRIC UTILITY BIOMASS GENERATION CAPACITY CO2 FOREST PRODUCTS ENERGY POLICIES GREENHOUSE GAS MITIGATION PETROLEUM POWER INDUSTRY OIL TRANSMISSION FACILITIES POWER GENERATION ENERGY MIX POWER SECTOR CAPACITY GHG WIND POWER INDUSTRY ENERGY SUPPLY CLOUDS CARBON TAXES RAINFALL WIND PENETRATION ELECTRICITY SUPPLY FORESTRY SUGAR CANE NUCLEAR POWER GENERATION SOLAR ENERGY ENERGY POLICY FUEL DEMAND SUGAR CANE FUEL CONSUMPTION METALS PROCESS GAS FUELS THERMAL POWER EMISSIONS REDUCTION EMISSIONS FROM ENERGY CARBON EMISSIONS EMISSIONS FROM ENERGY USE GREENHOUSE LEAD COAL MINING CHEMICALS RENEWABLE ENERGY TECHNOLOGIES CLIMATE CHANGE DEMAND FOR ELECTRICITY ELECTRICITY DEMAND UTILITIES POWER ELECTRICITY CEMENT ENVIRONMENTAL IMPACTS WIND POWER CLIMATE WIND ENERGY ELECTRICITY GENERATION MIX SUPPLY COSTS HYDROPOWER WIND POWER CAPACITY ELECTRICITY GENERATION FOSSIL FUEL CLIMATE CHANGE MITIGATION FOREST OIL REFINING ENERGY USE NUCLEAR ENERGY ENERGY PRICES POWER GENERATION TECHNOLOGIES POWER PRODUCTION WOOD INDUSTRY WIND PROJECTS FOSSIL FUEL CONSUMPTION EMISSIONS PREDICTION ELECTRICITY PRICES OIL REFINERY ELECTRICITY GENERATION CAPACITY NATURAL GAS THERMAL POWER GENERATION SUGARCANE INVESTMENT WIND POWER PRODUCTION ELECTRICITY PRICE COAL NUCLEAR POWER POWER CAPACITY TARIFF CRUDE OIL FUEL LESS FACILITIES INVESTMENTS RENEWABLE ENERGY NETWORK WIND CAPACITY RENEWABLE ENERGY PETROLEUM PRODUCTS WIND POWER POTENTIAL ELECTRICITY PRODUCTION DIESEL FOSSIL PRICES APPROACH ENERGY Large-scale deployment of renewable energy technologies, such as wind power and solar energy, has been taking place in industrialized and developing economics mainly because of various fiscal and regulatory policies. An understanding of the economy-wide impacts of those policies is an important part of an overall analysis of them. Using a perfect foresight computable general equilibrium model, this study analyzes the economy-wide costs of achieving a 10 percent share of wind power in Brazil’s electricity supply mix by 2030. Brazil is in the midst of an active program of wind capacity expansion. The welfare loss would be small, 0.1 percent of total baseline welfare in the absence of the 10 percent wind power expansion. The study also finds that, in the case of Brazil, production subsidies financed through increased value-added tax would have superior impacts on welfare and greenhouse gas mitigation, compared with a consumption mandate where electricity utilities are allowed to pass the increased electricity supply costs directly to consumers. These two policies would impact various production sectors differently to achieve the wind power expansion targets: the burden of the mandate falls mostly on electricity-intensive production and consumption, whereas the burden of the subsidy is distributed toward goods and services with higher value added. 2015-07-17T21:03:30Z 2015-07-17T21:03:30Z 2015-06 Working Paper http://documents.worldbank.org/curated/en/2015/06/24736160/economics-policy-instruments-stimulate-wind-power-brazil http://hdl.handle.net/10986/22226 English en_US Policy Research Working Paper;No. 7346 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Brazil |
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Digital Repository |
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Foreign Institution |
| institution |
Digital Repositories |
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World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
WIND POWER PLANTS TRANSPORT SECTOR TRANSMISSION CAPACITY CANE COST OF WIND POWER POWER PLANTS FOSSIL FUELS SUPPLY CURVE PRICE OF ELECTRICITY WIND POWER GENERATION CARBON ELECTRICITY GENERATION TECHNOLOGIES GENERATION COST OF ELECTRICITY WIND COSTS OF ELECTRICITY ELECTRICITY SYSTEM EMISSIONS GASOLINE POWER SUPPLY WIND POWER RESOURCES GAS RENEWABLE ENERGY POLICY PRICE GREENHOUSE GAS WIND POWER DEVELOPMENT ELECTRICITY CONSUMPTION ELECTRIC UTILITY BIOMASS GENERATION CAPACITY CO2 FOREST PRODUCTS ENERGY POLICIES GREENHOUSE GAS MITIGATION PETROLEUM POWER INDUSTRY OIL TRANSMISSION FACILITIES POWER GENERATION ENERGY MIX POWER SECTOR CAPACITY GHG WIND POWER INDUSTRY ENERGY SUPPLY CLOUDS CARBON TAXES RAINFALL WIND PENETRATION ELECTRICITY SUPPLY FORESTRY SUGAR CANE NUCLEAR POWER GENERATION SOLAR ENERGY ENERGY POLICY FUEL DEMAND SUGAR CANE FUEL CONSUMPTION METALS PROCESS GAS FUELS THERMAL POWER EMISSIONS REDUCTION EMISSIONS FROM ENERGY CARBON EMISSIONS EMISSIONS FROM ENERGY USE GREENHOUSE LEAD COAL MINING CHEMICALS RENEWABLE ENERGY TECHNOLOGIES CLIMATE CHANGE DEMAND FOR ELECTRICITY ELECTRICITY DEMAND UTILITIES POWER ELECTRICITY CEMENT ENVIRONMENTAL IMPACTS WIND POWER CLIMATE WIND ENERGY ELECTRICITY GENERATION MIX SUPPLY COSTS HYDROPOWER WIND POWER CAPACITY ELECTRICITY GENERATION FOSSIL FUEL CLIMATE CHANGE MITIGATION FOREST OIL REFINING ENERGY USE NUCLEAR ENERGY ENERGY PRICES POWER GENERATION TECHNOLOGIES POWER PRODUCTION WOOD INDUSTRY WIND PROJECTS FOSSIL FUEL CONSUMPTION EMISSIONS PREDICTION ELECTRICITY PRICES OIL REFINERY ELECTRICITY GENERATION CAPACITY NATURAL GAS THERMAL POWER GENERATION SUGARCANE INVESTMENT WIND POWER PRODUCTION ELECTRICITY PRICE COAL NUCLEAR POWER POWER CAPACITY TARIFF CRUDE OIL FUEL LESS FACILITIES INVESTMENTS RENEWABLE ENERGY NETWORK WIND CAPACITY RENEWABLE ENERGY PETROLEUM PRODUCTS WIND POWER POTENTIAL ELECTRICITY PRODUCTION DIESEL FOSSIL PRICES APPROACH ENERGY |
| spellingShingle |
WIND POWER PLANTS TRANSPORT SECTOR TRANSMISSION CAPACITY CANE COST OF WIND POWER POWER PLANTS FOSSIL FUELS SUPPLY CURVE PRICE OF ELECTRICITY WIND POWER GENERATION CARBON ELECTRICITY GENERATION TECHNOLOGIES GENERATION COST OF ELECTRICITY WIND COSTS OF ELECTRICITY ELECTRICITY SYSTEM EMISSIONS GASOLINE POWER SUPPLY WIND POWER RESOURCES GAS RENEWABLE ENERGY POLICY PRICE GREENHOUSE GAS WIND POWER DEVELOPMENT ELECTRICITY CONSUMPTION ELECTRIC UTILITY BIOMASS GENERATION CAPACITY CO2 FOREST PRODUCTS ENERGY POLICIES GREENHOUSE GAS MITIGATION PETROLEUM POWER INDUSTRY OIL TRANSMISSION FACILITIES POWER GENERATION ENERGY MIX POWER SECTOR CAPACITY GHG WIND POWER INDUSTRY ENERGY SUPPLY CLOUDS CARBON TAXES RAINFALL WIND PENETRATION ELECTRICITY SUPPLY FORESTRY SUGAR CANE NUCLEAR POWER GENERATION SOLAR ENERGY ENERGY POLICY FUEL DEMAND SUGAR CANE FUEL CONSUMPTION METALS PROCESS GAS FUELS THERMAL POWER EMISSIONS REDUCTION EMISSIONS FROM ENERGY CARBON EMISSIONS EMISSIONS FROM ENERGY USE GREENHOUSE LEAD COAL MINING CHEMICALS RENEWABLE ENERGY TECHNOLOGIES CLIMATE CHANGE DEMAND FOR ELECTRICITY ELECTRICITY DEMAND UTILITIES POWER ELECTRICITY CEMENT ENVIRONMENTAL IMPACTS WIND POWER CLIMATE WIND ENERGY ELECTRICITY GENERATION MIX SUPPLY COSTS HYDROPOWER WIND POWER CAPACITY ELECTRICITY GENERATION FOSSIL FUEL CLIMATE CHANGE MITIGATION FOREST OIL REFINING ENERGY USE NUCLEAR ENERGY ENERGY PRICES POWER GENERATION TECHNOLOGIES POWER PRODUCTION WOOD INDUSTRY WIND PROJECTS FOSSIL FUEL CONSUMPTION EMISSIONS PREDICTION ELECTRICITY PRICES OIL REFINERY ELECTRICITY GENERATION CAPACITY NATURAL GAS THERMAL POWER GENERATION SUGARCANE INVESTMENT WIND POWER PRODUCTION ELECTRICITY PRICE COAL NUCLEAR POWER POWER CAPACITY TARIFF CRUDE OIL FUEL LESS FACILITIES INVESTMENTS RENEWABLE ENERGY NETWORK WIND CAPACITY RENEWABLE ENERGY PETROLEUM PRODUCTS WIND POWER POTENTIAL ELECTRICITY PRODUCTION DIESEL FOSSIL PRICES APPROACH ENERGY Landis, Florian Timilsina, Govinda R. The Economics of Policy Instruments to Stimulate Wind Power in Brazil |
| geographic_facet |
Brazil |
| relation |
Policy Research Working Paper;No. 7346 |
| description |
Large-scale deployment of renewable
energy technologies, such as wind power and solar energy,
has been taking place in industrialized and developing
economics mainly because of various fiscal and regulatory
policies. An understanding of the economy-wide impacts of
those policies is an important part of an overall analysis
of them. Using a perfect foresight computable general
equilibrium model, this study analyzes the economy-wide
costs of achieving a 10 percent share of wind power in
Brazil’s electricity supply mix by 2030. Brazil is in the
midst of an active program of wind capacity expansion. The
welfare loss would be small, 0.1 percent of total baseline
welfare in the absence of the 10 percent wind power
expansion. The study also finds that, in the case of Brazil,
production subsidies financed through increased value-added
tax would have superior impacts on welfare and greenhouse
gas mitigation, compared with a consumption mandate where
electricity utilities are allowed to pass the increased
electricity supply costs directly to consumers. These two
policies would impact various production sectors differently
to achieve the wind power expansion targets: the burden of
the mandate falls mostly on electricity-intensive production
and consumption, whereas the burden of the subsidy is
distributed toward goods and services with higher value added. |
| format |
Working Paper |
| author |
Landis, Florian Timilsina, Govinda R. |
| author_facet |
Landis, Florian Timilsina, Govinda R. |
| author_sort |
Landis, Florian |
| title |
The Economics of Policy Instruments to Stimulate Wind Power in Brazil |
| title_short |
The Economics of Policy Instruments to Stimulate Wind Power in Brazil |
| title_full |
The Economics of Policy Instruments to Stimulate Wind Power in Brazil |
| title_fullStr |
The Economics of Policy Instruments to Stimulate Wind Power in Brazil |
| title_full_unstemmed |
The Economics of Policy Instruments to Stimulate Wind Power in Brazil |
| title_sort |
economics of policy instruments to stimulate wind power in brazil |
| publisher |
World Bank, Washington, DC |
| publishDate |
2015 |
| url |
http://documents.worldbank.org/curated/en/2015/06/24736160/economics-policy-instruments-stimulate-wind-power-brazil http://hdl.handle.net/10986/22226 |
| _version_ |
1764450475323686912 |