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The Phases Of The Support Schemes For Energy Production Of Renewable Sources In Eu

Author

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  • Alina Ligia Dumitrescu

Abstract

The EU Member States have their own "Europe 2020" target on the share of renewable energy in final energy consumption. The national targets take into account various aspects, namely: the different stages of development, the renewable energy potential and the economic performance of each Member State. The article compares the three support schemes for renewable energy sources namely: feed-in tariffs, feed-in premiums and the quota system or green certificate system. The main purpose of this research is to identify both the advantages and disadvantages of the three support schemes for renewable energy sources in order to formulate recommendations to stimulate the further development of the green energy.

Suggested Citation

  • Alina Ligia Dumitrescu, 2017. "The Phases Of The Support Schemes For Energy Production Of Renewable Sources In Eu," Euroinfo, Institute for World Economy, Romanian Academy, vol. 1(9), pages 47-58, September.
  • Handle: RePEc:iem:eurinf:v:1:y:2017:i:9:p:47-58
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    More about this item

    Keywords

    renewable energy; aid schemes; green certificates;
    All these keywords.

    JEL classification:

    • L5 - Industrial Organization - - Regulation and Industrial Policy
    • L72 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Other Nonrenewable Resources
    • L78 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Government Policy

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