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dc.contributor.author
Mallousi, Katerina
en
dc.date.accessioned
2016-02-17T08:00:29Z
dc.date.available
2016-02-18T01:00:21Z
dc.date.issued
2016-02-17
dc.identifier.uri
https://repository.ihu.edu.gr//xmlui/handle/11544/12444
dc.rights
Default License
dc.title
Subsidies of fossil fuels and renewable energy sources
en
heal.type
masterThesis
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heal.keywordURI.LCSH
Fossil fuels
heal.keywordURI.LCSH
Fossil fuels--Environmental aspects
heal.keywordURI.LCSH
Renewable energy sources
heal.keywordURI.LCSH
Renewable energy sources--Economic aspects
heal.keywordURI.LCSH
Renewable energy sources--Environmental aspects
heal.language
en
el
heal.access
free
el
heal.license
http://creativecommons.org/licenses/by-nc/4.0
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heal.references
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Organisation for Economic Co - operation and Development (OECD), Online Library 12. Global Subsidies Initiative (GSI), A H ow - To Guide: Measuring Subsidies To Fossil Fuel Producers . 2010 13. Bast, E., Kretzmann, S., Krishnaswamy, S., Romine, & Traci. Low Hanging Fruit: fossil fuel subsidies, climate finance and sustainable development. Heinrich Boll Siftung , 2012 14. OECD, Inventory of Estimated Budgetary Support and Tax Expenditures for Fossil Fuels , OECD, 2013 15. Subsidies and External Costs In Electric Power Generation: A Comparative Review Of Estimates . The International Institute for Sustainable Development (IISD) and Global Subsid ies Initiative (GSI), 2011 90 16. Measuring Energy Subsidies Using the Price - Gap Approach: What does it leave out? International Institute for Sustainable Development (IISD), 2009 17. Measuring Fossil Fuel Subsidies . European Commission, Economic Brief, 2015 18. OECD Companion to the Inventory of Support Mechanisms for Fossil Fuels, OECD, 2015 19. How Large Are Global Energy Subsidies? International Monetary Fund (IMF), 2015 20. International Energy Agency, World Energy Outlook, 2010 21. International Energy Agency, World Energy Outlook, 2011 22. International Energy Agency, World Energy Outlook, 2012 23. International Energy Agency, World Energy Outlook, 2013 24. International Energy Agency, World Energy Outlook, 2014 25. Koplow, Doug, and Masami Ko jima. Fossil Fuel Subsidies: Approaches and Valuation . World Bank, Policy Research Working Paper, 2015. 26. Frankfurt School - UNEP Collaborating Centre for Climate & Sustainable Energy Finance, GLOBAL TRENDS IN RENEWABLE ENERGY INVESTMENT . 2015 27. Ghosh, Arunabha, and Himani Gangania. Governing Clean Energy Subsidies: What, Why, And How Legal? , ICTSD Global Platform on Climate Change, Trade and Sustainable Energy, 2012 28. Renewable Energy Policy Network for the 21st century (REN21), Renewables 2015, Global S tatus Report . 2015 29. Batle, C, I.J. Pérez - Arriaga, and P Zambrano - Barragán. Regulatory Design for RES - E Support Mechanisms: Learning Curves, Market Structure, and Burden - Sharing . MIT Center for Energy and Environmental Policy Research, 2011 30. Abolhosseini, Shahrouz, and Almas Heshmati. 'The Main Support Mechanisms to Finance Renewable Energy Development'. Renewable and Sustainable Energy Reviews , 2014 31. Couture, TD et al. Policymaker's Guide to Feed - In Tariff Policy Design ., Renewable Energy Laboratory (NREL), 2010 91 32. Overseas Development Institute (ODI), Fossil Fuel Exploration Subsidies In Germany . 2014 33. Overseas Development Institute (ODI), Time to Change the Game: Fossil Fuels Subsidies and Climate Change . 2013 34. Merrill, Laura et al., Tackling Fossil Fuel Subsidies and Climate Change: Leveling the Energy Playing Field . Nordic Council of Ministers, 2015 35. 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APEC Energy Working Group, Reforming Fossil ‐ Fuel Subsidies To Reduce Waste And Limit CO2 Emissions While Protecting The Poor , GSI, 2012 43. World Bank Middle East and North Africa region, Mena Economic Monitor, Corrosive Subsidies , The World Bank, 2014 44. Sdralevich, Carlo et al., Subsidy Reform in the Middle East And North Africa: Recent Progress And Challenges Ahead . International Monetary Fund (IMF), 2014 Mundaca, 45. Hassanzadeh, E., Recent Developments in Iran’s Energy Subsidy Reforms, GSI, 2012 46. Esfahan, 2014. Cut those subsidies. The Economist, April 2014. 92 47. Whitley, S. and van der Burg, L., Fossil Fuel Subsidy Reform: From Rhetoric to Reality . New Climate Economy, 2015 48. Globalpetrolprices.com, 'Gasoline And Diesel Prices By Country, 2015 49. Charles, Chris, Tom Moerenhout and Richard Bridle. The Context Of Fossil - Fuel Subsidies In The GCC Region And Their Impact On Renewable Energy Development . The International Institute for Sustainable Development (IISD), 2014 50. Energy Information Admini stration, Country Analysis: Egypt, EIA, 2014 51. World Bank, Egypt: Toward a More Effective Social Policy: Subsidies and Social Safety Net, 2005 52. Clarke, K., Egypt’s Recent Subsidy Reforms. Global Subsidies Initiative of International Institute for Sustainable Development (IISD), 2014 53. Global Subsidies Initiative (GSI), India Energy Subsidy Briefing. A Bimonthly Review of Developments in Indian Energy Subsidy Policy and Energy Markets. Global Subsidies Initiative , 2015 54. Global Subsidies Initiative ( GSI), A Citizens’ Guide to Energy Subsidies in India. Energy and Resources Institute and the International Institute for Sustainable Development’s Global Subsidies Initiative, 2012 55. Lin, Boqiang, and Xiaoling Ouyang. 'A Revisit Of Fossil - Fuel Subsidies In China: Challenges And Opportunities For Energy Price Reform'. Energy Conversion and Management , 2014 56. Zhang, Shawn, and Xuqing Qin. Lessons Learned from China’s Residential Tiered Electricity Pricing Reform . The International Institute for Sustainable Devel opment (IISD), 2015 57. Gerasimchuk, Ivetta, Fossil Fuels – At What Cost? Government Support for Upstream Oil And Gas Activities In Russia . WWF - Russia & IISD, 2012 58. Pickard, Sam, and Shakuntala, Makhijani, Fossil Fuel Exploration Subsidies: Russia . Overseas Development Institute (ODI), 2014 59. IEA and OECD, UPDATE ON RECENT PROGRESS IN REFORM OF INEFFICIENT FOSSIL FUEL SUBSIDIES THAT ENCOURAGE WASTEFUL CONSUMPTION . IEA and OECD, 2015 60. U.S. Energy Information Administration (EIA), Direct F ederal Financial Interven tions a nd Subsidies In Energy In Fiscal Year 2013 . EIA, 2015 93 61. Ecofys, Subsidies a nd Costs Of EU Energy . European Commission, 2014 62. Rashchupkina, Yuliya. 'The European Union's Role i n Networks o n Removal Of Fossil Fuel Subsidies And Disclosure Of Climate Chan ge Information'. Contemporary Politics, 2015 63. International Budget Partnership, OPEN BUDGET SURVEY 2015 . International Budget Partnership (IBP), 2015 64. Kojima, M., Petroleum Product Pricing and Complementary Policies: Experience of 65 Developing Countries Since 2009 , World Bank, 2013 65. Beaton, C., et al., A Guidebook to Fossil - Fuel Subsidy Reform for Policy Makers in Southeast Asia , IISD/GSI, 2013 66. European Commission,. European Commission Guidance For The Design Of Renewables Support Scheme, 2013
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heal.recordProvider
School of Science and Technology, MSc in Energy Systems
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heal.publicationDate
2016-02-15
heal.abstract
This dissertation outlines the key characteristics of subsidies of fossil fuels and renewable energy sources along with their social, economic and environmental impacts. Furthermore, based on a wide international literature, it presents the emerging need for their removal, combined with a number of regional case studies with reported reform efforts. Finally, from these reforming experiences, strategies for successful reform were developed.
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heal.tableOfContents
Abstract ................................ ................................ ................................ ................................ ................... iii Acknowledgements ................................ ................................ ................................ ................................ . iv 1 Introduction ................................ ................................ ................................ ................................ ... 10 2 Energy and sustainable development ................................ ................................ ............................ 12 2.1 Defining sustainable development ................................ ................................ ........................ 12 2.2 Energy's role in sustainable development ................................ ................................ .............. 13 2.3 Public policies and the energy sector ................................ ................................ .................... 14 3 Defining, Measuring and Estimating Energy Subsidies ................................ ................................ 17 3.1 Defining Subsidies ................................ ................................ ................................ ................ 17 3.2 Types of Energy Subsidies ................................ ................................ ................................ .... 18 3.3 Objectives for Subsidies ................................ ................................ ................................ ........ 21 3.4 Measuring Subsidies ................................ ................................ ................................ .............. 23 3.4.1 THE IEA ................................ ................................ ................................ ........................ 23 3.4.2 THE OECD ................................ ................................ ................................ ................... 23 3.4.3 THE IMF ................................ ................................ ................................ ....................... 24 3.4.4 The price - gap approach ................................ ................................ ................................ . 25 3.4.5 The inventory approach ................................ ................................ ................................ . 26 3.4.6 Comparing the different methodologies ................................ ................................ ........ 26 3.5 The Global Picture of Subsidies ................................ ................................ ............................ 28 4 Renewable Energy Subsidies ................................ ................................ ................................ ........ 37 4.1 Global Trends in Renewable Energy ................................ ................................ ..................... 37 4.2 Arguments for subsidizing renewable energy ................................ ................................ ....... 39 4.3 Support Mechanisms for Renewable Energy Sources ................................ ........................... 41 4.3.1 Feed - In Tariffs ................................ ................................ ................................ ............... 42 4.3.2 Feed - in premiums ................................ ................................ ................................ .......... 44 4.3.3 Fiscal Incentives ................................ ................................ ................................ ............ 44 4.3.4 Pr eferential tax credits ................................ ................................ ................................ ... 45 4.3.5 Infrastructure Support ................................ ................................ ................................ .... 45 4.3.6 Renewable Portfolio Standards ................................ ................................ ..................... 45 4.3.7 Competitive auctions ................................ ................................ ................................ ..... 46 4.4 The Global Picture of Renewable Energy Subsidies ................................ ............................. 47 5 Effects of Subsidies ................................ ................................ ................................ ....................... 51 vi 5.1 Economic Effects of Subsidies ................................ ................................ .............................. 51 5.2 Social Effects of Subsidies ................................ ................................ ................................ .... 52 5.3 Environmental Effects of Subsidies ................................ ................................ ...................... 54 6 Reforming Fossil fuel subsidies ................................ ................................ ................................ .... 57 6.1 Grounds for subsidy reform ................................ ................................ ................................ .. 57 6. 2 Implications of phasing - out fossil fuel subsidies ................................ ................................ .. 58 6.3 Barriers to Reform ................................ ................................ ................................ ................. 61 6.4 Analytical Framework for phasing - out fossil fuel subsidies ................................ ................. 63 7 Subsidy Reform Experiences ................................ ................................ ................................ ........ 65 7.1 MENA Region ................................ ................................ ................................ ....................... 65 7.1.1 Iran ................................ ................................ ................................ ................................ 65 7.1.2 Saudi Arabia ................................ ................................ ................................ .................. 68 7.1.3 Egypt ................................ ................................ ................................ ............................. 69 7.2 India ................................ ................................ ................................ ................................ ....... 70 7.3 China ................................ ................................ ................................ ................................ ..... 72 7.4 Russia ................................ ................................ ................................ ................................ .... 73 7.5 The United States ................................ ................................ ................................ .................. 74 7.6 European Union ................................ ................................ ................................ ..................... 75 8 Lessons Lear ned ................................ ................................ ................................ ............................ 77 8.1 Initial Conditions ................................ ................................ ................................ ................... 77 8.2 Design ing a successful subsidy reform ................................ ................................ ................. 78 8.2.1 Demonstrating the goal of reform ................................ ................................ ................. 79 8.2.2 Implementation of market reforms ................................ ................................ ................ 80 8.2.3 Addressing the impacts of subsidy reform ................................ ................................ .... 81 8.2.4 Communicating reform benefits ................................ ................................ .................... 82 9 Conclusions ................................ ................................ ................................ ................................ ... 85 10 References ................................ ................................ ................................ ................................ . 89
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heal.advisorName
Perrakis, Konstantinos
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heal.committeeMemberName
Martinopoulos, Georgios
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heal.committeeMemberName
Dergiades, Theologos
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heal.academicPublisher
IHU
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heal.academicPublisherID
ihu
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heal.numberOfPages
93
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