Green energy products in the United Kingdom, Germany and Finland

Aira Hast, Liisa McDermott, Marja Järvelä, Sanna Syri

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    Abstract

    In liberalized electricity markets, suppliers are offering several kinds of voluntary green electricity products marketed as environmentally friendly. This paper focuses on the development of these voluntary markets at household level in the UK, Germany and Finland. Since there are already existing renewable energy policies regulating and encouraging the use of renewable energy, it is important to consider whether voluntary products offer real additional benefits above these policies. Problems such as double counting or re-marketing hydropower produced in existing plants are identified. According to our study, the demand varies between countries: in Germany the number of green electricity customers has increased and is also higher than in the UK or Finland. Typically the average additional cost to consumer from buying green electricity product instead of standard electricity product is in the range of 0–5% in all studied countries, although the level of price premium depends on several factors like electricity consumption. Case study of Finland and literature show that the impacts of green energy are not solely environmental. Renewable energy can benefit local public policy.
    Original languageEnglish
    Title of host publicationE2C 2013 - 3rd European Energy Conference
    EditorsLivia Sarkadi, Norbert Kroó, Nicoli Armaroli, Josef Ongena, Augustin McEvoy, Zsolt Fülöp
    PublisherEDP SCIENCES
    Pages1-9
    DOIs
    Publication statusPublished - 2014
    MoE publication typeA4 Article in a conference publication
    EventEuropean Energy Conference - Maastricht, Netherlands
    Duration: 17 Apr 201220 Apr 2012
    Conference number: 2

    Publication series

    NameEPJ Web of Conferences
    PublisherEDP Sciences
    Volume79
    ISSN (Electronic)2100-014X

    Conference

    ConferenceEuropean Energy Conference
    Abbreviated titleE2C
    CountryNetherlands
    CityMaastricht
    Period17/04/201220/04/2012

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  • Cite this

    Hast, A., McDermott, L., Järvelä, M., & Syri, S. (2014). Green energy products in the United Kingdom, Germany and Finland. In L. Sarkadi, N. Kroó, N. Armaroli, J. Ongena, A. McEvoy, & Z. Fülöp (Eds.), E2C 2013 - 3rd European Energy Conference (pp. 1-9). [04002] (EPJ Web of Conferences; Vol. 79). EDP SCIENCES. https://doi.org/10.1051/epjconf/20137904002