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A post-2020 EU energy technology policy: Revisiting the strategic energy technology plan

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  • Ruester, Sophia
  • Schwenen, Sebastian
  • Finger, Matthias
  • Glachant, Jean-Michel
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    Abstract

    With the European Strategic Energy Technology Plan (SET Plan) expiring in 2020, the EU needs to revisit its energy technology policy for the post-2020 horizon and to establish a policy framework that fosters the achievement of ambitious EU commitments for decarbonization by 2050. We discuss options for a post-2020 EU energy technology policy, taking account of uncertain technology developments, uncertain carbon prices and the highly competitive global market for energy technologies. We propose a revised SET Plan that enables policy makers to be pro-active in pushing innovation in promising technologies, no matter what policy context will be realized in the future. In particular, a revised SET Plan should include a more technology-specific focus, provide the basis for planning and prioritization among decarbonization technologies, and should be based on a comprehensive approach across sectors. Selected technology targets and EU funding of innovation should be in line with the SET Plan prioritization.

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    Bibliographic Info

    Article provided by Elsevier in its journal Energy Policy.

    Volume (Year): 66 (2014)
    Issue (Month): C ()
    Pages: 209-217

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    Handle: RePEc:eee:enepol:v:66:y:2014:i:c:p:209-217

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    Web page: http://www.elsevier.com/locate/enpol

    Related research

    Keywords: European energy policy towards 2050; Energy technology policy; SET Plan;

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