Benefits and costs of renewable electricity in Europe

The European Union (EU) is committed to the deployment of electricity from renewable energy sources (RES-E). However, the large and recent increase in the RES-E penetration has raised the concern of policy makers in the EU Member States (MS) about the costs of public promotion of RES-E. Nevertheless, an economic analysis of the RES-E contribution should include the policy costs of RES-E deployment, but also its benefits. This would contribute to...