The impact of renewable energy on household electricity prices in liberalized electricity markets: A cross-national panel data analysis

The main research questions addressed in this paper are: first, have electricity market reforms achieved lower household electricity prices and, second, has the introduction of renewable energy increased household electricity prices in deregulated markets Answers to the questions were derived using static and dynamic panel data analysis from 1991 to 2014 employing explanatory variables such as the extent of electricity market reform and the share of generation from renewable energy resources. The dynamic model suggests that a lower household electricity price is associated with the degree of electricity market reform, while the share of renewable energy in electricity generation is not statistically significant.