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European governments have agreed to increase the share of renewable energy in final energy consumption to 20% by 2020. A crucial question for policy makers is how to mobilise the additional capital investments in RE and which consumer expenditures are involved. The article describes policy...
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In June 2009, a new EU directive on the promotion of renewable energy sources (RES) entered into effect. The directive 2009/28/EC, provides for three cooperation mechanisms that will allow member states to achieve their national RES target in cooperation with other member states: statistical...
Persistent link: https://www.econbiz.de/10008494633
Currently, a wide range of strategies is implemented in different countries to increase the share of electricity from renewable energy sources (RES-E). A still controversial discussion is whether quantity-driven (like Tradable Green Certificates (TGCs) based on quotas) or price-driven (like...
Persistent link: https://www.econbiz.de/10010809273
The core objective of this paper is to elaborate on historically implemented promotion strategies of renewable energy sources and the associated deployment within the European electricity market. Hence, at a first glance, the historic development of renewable energy sources in the electricity...
Persistent link: https://www.econbiz.de/10008829924
The article examines how renewable electricity (RES-E) producers are integrated into the electricity market under the support legislations and regulatory frameworks of Germany, Spain, and the UK. Focus is on wind power, which faces the highest market integration challenge of all RES-E. The...
Persistent link: https://www.econbiz.de/10005208474
In December 2008, the European Council and the European Parliament agreed on a final compromise for a new European renewable energy directive. One of the most debated issues prior to this compromise was the design of "target flexibility mechanisms", which should allow member states with low or...
Persistent link: https://www.econbiz.de/10008473804
Renewable energies (RE) represent a cornerstone to steer our energy system in the direction of sustainability and supply security. Generating electricity, heat or biofuels from renewable energy sources has become a high priority in the energy policy strategies at national level as well as at a...
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