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

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dc.contributor.authorWang, William Hongsong
dc.contributor.authorEspinosa Loyola, Victor
dc.contributor.authorHuerta de Soto, Jesús
dc.date.accessioned2022-09-13T14:24:18Z
dc.date.available2022-09-13T14:24:18Z
dc.date.issued2022
dc.description.abstractThis 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 hypoth‐esize and argue that high taxes, high government subsidies, and government industrial access re‐strictions 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.es
dc.description.versionVersión Publicadaes
dc.identifier.citationWang, W.H.; Espinosa, V.I.; Huerta de Soto, J. A Free‐Market Environmentalist Enquiry on Spain’s Energy Transition along with Its Recent Increasing Electricity Prices. Int. J. Environ. Res. Public Health 2022, 19, 9493. https://doi.org/10.3390/ ijerph19159493es
dc.identifier.urihttps://doi.org/10.3390/ ijerph19159493es
dc.identifier.urihttp://hdl.handle.net/11447/6572
dc.language.isoenes
dc.subjectFree‐market environmentalismes
dc.subjectRenewable energyes
dc.subjectEntrepreneurshipes
dc.subjectPublic policyes
dc.subjectSpaines
dc.subjectEU Green Deales
dc.subjectEnergy transitiones
dc.subjectElectricity priceses
dc.subjectDecision makinges
dc.subjectPublic choicees
dc.titleA Free‐Market Environmentalist Enquiry on Spain’s Energy Transition along with Its Recent Increasing Electricity Priceses
dc.typeArticlees
dcterms.sourceInternational Journal of Environmental Research and Public Healthes

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