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dc.contributor.authorHuijben, J.C.C.M.
dc.contributor.authorPodoynitsyna, Ksenia
dc.contributor.authorvan Rijn, M.L.B.
dc.contributor.authorVerbong, Geert P.J.
dc.date.accessioned2024-03-15T13:29:03Z
dc.date.available2024-03-15T13:29:03Z
dc.date.issued2016en_US
dc.identifier.issn13640321
dc.identifier.doi10.1016/j.rser.2016.04.058
dc.identifier.eid1-s2.0-S1364032116300910
dc.identifier.piiS1364-0321(16)30091-0
dc.identifier.urihttps://www.sciencedirect.com/science/article/pii/S1364032116300910
dc.identifier.urihttp://hdl.handle.net/20.500.12127/7414
dc.description.abstractHow did a country in the middle of Western Europe, starting almost from scratch, reach the European top 3 in terms of solar PV capacity in five years? And what were the costs? We provide a systematic chronological review of the different governmental support instruments that drove the exponential growth of the solar energy market in the Flanders region of Belgium and calculate their relative contributions. The results of the economic calculations show that green electricity certificates had by far the greatest effect on both the rise and stagnation of the market, costing about 1.5 billion euro only for 2006–2013. The long-term societal costs of such growth proved to be even higher (6.7 billion for 2014–2031) and unevenly distributed, with residents paying the highest price via their energy bills. Companies continuously adapted their organizations to enact the available support instruments. Counter-intuitively, the substantial support shifted the attention of companies to the larger systems, even though the incentive for investment in PV was lower than for the smaller systems.en_US
dc.language.isoenen_US
dc.publisherElsevieren_US
dc.rights© 2016 The Authors. Published by Elsevier Ltd.
dc.subjectPV market growthen_US
dc.subjectFlanders region of Belgiumen_US
dc.subjectGovernmental support instrumentsen_US
dc.subjectGreen certificatesen_US
dc.subjectSocietal costsen_US
dc.titleA review of governmental support instruments channeling PV market growth in the Flanders region of Belgium (2006–2013)en_US
dc.typeOther
dc.identifier.journalRenewable and Sustainable Energy Reviewsen_US
dc.source.volume62en_US
dc.source.beginpage1282en_US
dc.source.endpage1290en_US
dc.contributor.departmentEindhoven University of Technology, School of Industrial Engineering, CNT Building 0.04, P.O. Box 513, 5600 MB Eindhoven, The Netherlandsen_US
vlerick.knowledgedomainDigital Transformationen_US
vlerick.knowledgedomainOperations & Supply Chain Managementen_US
vlerick.typearticleJournal article with impact factoren_US
vlerick.vlerickdepartmentTOMen_US
dc.identifier.vperid313686en_US
dc.source.journaltitleRenewable and Sustainable Energy Reviews


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