A Free-Market Environmentalist Enquiry on Spain’s Energy Transition along with Its Recent Increasing Electricity Prices

dc.creatorWang, William Hongsong
dc.creatorEspinosa, Victor I.
dc.creatorHuerta de Soto, Jesús
dc.date2024-04-10T06:24:10Z
dc.date2024-04-10T06:24:10Z
dc.date2022
dc.date.accessioned2024-07-17T21:09:19Z
dc.date.available2024-07-17T21:09:19Z
dc.identifier10.3390/ijerph19159493
dc.identifier16617827
dc.identifierhttps://hdl.handle.net/20.500.12728/10982
dc.identifier.urihttps://repositorioslatinoamericanos.uchile.cl/handle/2250/9508576
dc.descriptionThis 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. © 2022 by the authors.
dc.descriptionEuropean Regional Development Fund, ERDF
dc.formatapplication/pdf
dc.languageen
dc.publisherMDPI
dc.subjectdecision making
dc.subjectelectricity prices
dc.subjectenergy transition
dc.subjectentrepreneurship
dc.subjectEU Green Deal
dc.subjectfree-market environmentalism
dc.subjectpublic choice
dc.subjectpublic policy
dc.subjectrenewable energy
dc.subjectSpain
dc.titleA Free-Market Environmentalist Enquiry on Spain’s Energy Transition along with Its Recent Increasing Electricity Prices
dc.typeArticle


Este ítem pertenece a la siguiente institución