ON THE SUCCESS OF POLICY STRATEGIES FOR THE PROMOTION OF ELECTRICITY FROM RENEWABLE ENERGY SOURCES IN THE EU
In recent years, a wide range of strategies has been implemented in different EU-countries to increase the share of electricity generation from renewable energy sources. This paper evaluates the success of different regulatory strategies. The most important conclusions of this analysis are: (i) rega...
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| Veröffentlicht in: | Energy & environment (Essex, England) England), 2006, Vol.17 (6), p.849-868 |
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| container_title | Energy & environment (Essex, England) |
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| creator | Held, Anne Ragwitz, Mario Haas, Reinhard |
| description | In recent years, a wide range of strategies has been implemented in different EU-countries to increase the share of electricity generation from renewable energy sources. This paper evaluates the success of different regulatory strategies. The most important conclusions of this analysis are: (i) regardless of which strategy is chosen, it is of overriding importance that there should be a clear focus on the exclusive promotion of newly installed plants; (ii) a well-designed (dynamic) feed-in tariff system ensures the fastest deployment of power plants using Renewable Energy Sources at the lowest cost to society; (iii) promotion strategies with low policy risks have lower profit requirements for investors and, hence, cause lower costs to electricity customers. |
| doi_str_mv | 10.1260/095830506779398849 |
| format | Article |
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| ispartof | Energy & environment (Essex, England), 2006, Vol.17 (6), p.849-868 |
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| source | SAGE Complete A-Z List; Jstor Complete Legacy |
| subjects | Electricity Energy policy Feed in tariffs Financial investments Investment policy Investment risk Investors Promotion costs Refereed Papers Renewable energy Renewable energy policy |
| title | ON THE SUCCESS OF POLICY STRATEGIES FOR THE PROMOTION OF ELECTRICITY FROM RENEWABLE ENERGY SOURCES IN THE EU |
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