A Free-Market Environmentalist Enquiry on Spain’s Energy Transition along with Its Recent Increasing Electricity Prices
Bibliographic Data
| ID | 15515529 |
|---|---|
| Authors | William Hongsong Wang (0000-0002-3024-8539, Centro de Estudios Políticos y Constitucionales, corresponding author), Víctor I Espinosa (0000-0002-2481-5082, Universidad del Desarrollo, corresponding author), Jesús Huerta De Soto (0000-0002-8358-1220, Universidad Rey Juan Carlos) |
| Year | 2022 |
| Volume | 19 |
| Issue | 15 |
| Pages | 9493-9493 |
| Publication date | 2022-08-02 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | International Journal of Environmental Research and Public Health (JOURNAL) |
| Journal identifiers | ISSN: 1661-7827 • E-ISSN: 1660-4601 |
| Publisher | Multidisciplinary Digital Publishing Institute (PUBLISHER • CH) |
| DOI | 10.3390/ijerph19159493 |
| PMID | 35954848 |
| OpenAlex | W4289518805 |
| Language | EN |
| Citations received | 1 |
| References cited | 44 |
This paper analyzes the Spanish energy transition's general situation and its increasing electricity prices in recent years from a free-market environmentalist (FME) approach. We hypothesize and argue that high taxes, high government subsidies, and government industrial access restrictions breach private property rights, hindering Spain's renewable energy (RE) development. Our paper discovers that Spain's state-interventionist policies have increased the cost of the energy and power industries, leading to electricity prices remaining relatively high before and after the outbreak of the COVID-19 pandemic. After reviewing the literature on the FME approach and Spain's case, a Box-Jenkins (ARIMA) model is used to clarify the economic performance of the Spanish electricity industry with a proposal for forecasting electricity prices. It is observed that Spain fails the EU and its national goal of providing an affordable energy price as a part of the green energy transition. Finally, free-market environmental solutions and policy reforms are proposed to facilitate Spain's energy transition
Business · Economics · Economy · Electricity · Electricity market · Energy policy · Energy transition · Free market · Government (linguistics · Market economy · Natural resource economics · Political science · Politics · Renewable energy · Subsidy · Climate Change Policy and Economics · Energy, Environment, and Transportation Policies · Energy, Environment, Economic Growth · Law
An analysis of feed-in tariff remuneration models
Private Property Rights, Dynamic Efficiency and Economic Development
Political power and renewable energy futures
Covid-19 pandemic and unemployment dynamics in European economies
Institutional Stickiness and the New Development Economics
Free Market Environmentalism
| Unique citing works | 1 |
|---|---|
| Citations per year | 0,25 |
| Citation span | 2022 - 2022 (1) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 1 |