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Is Feed in Generation Pressing the Total Generation Cost in Portugal?

Title
Is Feed in Generation Pressing the Total Generation Cost in Portugal?
Type
Article in International Conference Proceedings Book
Year
2020
Authors
Da Silva, MA
(Author)
Other
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João Tomé Saraiva
(Author)
FEUP
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Sousa, JC
(Author)
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Conference proceedings International
17th International Conference on the European Energy Market, EEM 2020
16 September 2020 through 18 September 2020
Indexing
Publicação em Scopus Scopus - 0 Citations
Other information
Authenticus ID: P-00T-0PW
Abstract (EN): Feed in generation was introduced in Portugal in 1988 to induce investments in endogenous and renewable energy resources. The feed in mechanism was adapted along time and its application was very successful so that currently more than 40% of the installed capacity is under this regime. Typically feed in tariffs are larger than average market prices so that there is a recurrent debate on whether this regime is pressing or not the end-user tariffs. This paper reports the main results obtained by the first author in his MSc Thesis in assessing the total generation cost under the current legal provisions on one side and, on the other, eliminating feed in generation from the mix. The results obtained using public data for 2017 indicate that the generation cost with feed in generation is 2,70% larger than the value obtained if it was eliminated from the market clearing process. © 2020 IEEE.
Language: English
Type (Professor's evaluation): Scientific
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