IDEAS home Printed from https://ideas.repec.org/a/eee/enepol/v66y2014icp209-217.html
   My bibliography  Save this article

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

Author

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

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.

Suggested Citation

  • Ruester, Sophia & Schwenen, Sebastian & Finger, Matthias & Glachant, Jean-Michel, 2014. "A post-2020 EU energy technology policy: Revisiting the strategic energy technology plan," Energy Policy, Elsevier, vol. 66(C), pages 209-217.
    • Handle: RePEc:eee:enepol:v:66:y:2014:i:c:p:209-217
    DOI: 10.1016/j.enpol.2013.11.044
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301421513011518
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.enpol.2013.11.044?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Stavins Robert N., 1995. "Transaction Costs and Tradeable Permits," Journal of Environmental Economics and Management, Elsevier, vol. 29(2), pages 133-148, September.
    2. Wilson, Charlie, 2012. "Up-scaling, formative phases, and learning in the historical diffusion of energy technologies," Energy Policy, Elsevier, vol. 50(C), pages 81-94.
    3. Chai, Kah-Hin & Yeo, Catrina, 2012. "Overcoming energy efficiency barriers through systems approach—A conceptual framework," Energy Policy, Elsevier, vol. 46(C), pages 460-472.
    4. Weyant, John P., 2011. "Accelerating the development and diffusion of new energy technologies: Beyond the "valley of death"," Energy Economics, Elsevier, vol. 33(4), pages 674-682, July.
    5. Martin, Stephen & Scott, John T., 2000. "The nature of innovation market failure and the design of public support for private innovation," Research Policy, Elsevier, vol. 29(4-5), pages 437-447, April.
    6. Philippe Aghion & Reinhilde Veugelers & David Hemous, 2009. "No Green Growth Without Innovation," Policy Briefs 353, Bruegel.
    7. Lawrence H. Goulder & Ian W. H. Parry, 2008. "Instrument Choice in Environmental Policy," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 2(2), pages 152-174, Summer.
    8. repec:dau:papers:123456789/10174 is not listed on IDEAS
    9. Kitzing, Lena & Mitchell, Catherine & Morthorst, Poul Erik, 2012. "Renewable energy policies in Europe: Converging or diverging?," Energy Policy, Elsevier, vol. 51(C), pages 192-201.
    10. Charlie Wilson & Arnulf Grubler & Kelly S. Gallagher & Gregory F. Nemet, 2012. "Marginalization of end-use technologies in energy innovation for climate protection," Nature Climate Change, Nature, vol. 2(11), pages 780-788, November.
    11. Hyytinen, Ari & Toivanen, Otto, 2005. "Do financial constraints hold back innovation and growth?: Evidence on the role of public policy," Research Policy, Elsevier, vol. 34(9), pages 1385-1403, November.
    12. Martin L. Weitzman, 1974. "Prices vs. Quantities," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 41(4), pages 477-491.
    13. William J. Baumol & Wallace E. Oates, 1971. "The Use of Standards and Prices for Protection of the Environment," Palgrave Macmillan Books, in: Peter Bohm & Allen V. Kneese (ed.), The Economics of Environment, pages 53-65, Palgrave Macmillan.
    14. Juan Delgado, 2007. "Why Europe is not carbon competitive," Policy Briefs 33, Bruegel.
    15. Nemet, Gregory F., 2009. "Demand-pull, technology-push, and government-led incentives for non-incremental technical change," Research Policy, Elsevier, vol. 38(5), pages 700-709, June.
    16. Jacobsson, Staffan & Bergek, Anna & Finon, Dominique & Lauber, Volkmar & Mitchell, Catherine & Toke, David & Verbruggen, Aviel, 2009. "EU renewable energy support policy: Faith or facts?," Energy Policy, Elsevier, vol. 37(6), pages 2143-2146, June.
    17. Ellerman, A. Denny & Buchner, Barbara K., 2006. "Over-Allocation or Abatement? A Preliminary Analysis of the Eu Ets Based on the 2005 Emissions Data," Climate Change Modelling and Policy Working Papers 12062, Fondazione Eni Enrico Mattei (FEEM).
    18. Olmos, Luis & Ruester, Sophia & Liong, Siok-Jen, 2012. "On the selection of financing instruments to push the development of new technologies: Application to clean energy technologies," Energy Policy, Elsevier, vol. 43(C), pages 252-266.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Przemysław Kaszyński & Jacek Kamiński, 2020. "Coal Demand and Environmental Regulations: A Case Study of the Polish Power Sector," Energies, MDPI, vol. 13(6), pages 1-24, March.
    2. Chodkowska-Miszczuk Justyna, 2019. "Institutional Support for Biogas Enterprises – The Local Perspective," Quaestiones Geographicae, Sciendo, vol. 38(2), pages 137-147, June.
    3. Conti, C. & Mancusi, M.L. & Sanna-Randaccio, F. & Sestini, R. & Verdolini, E., 2018. "Transition towards a green economy in Europe: Innovation and knowledge integration in the renewable energy sector," Research Policy, Elsevier, vol. 47(10), pages 1996-2009.
    4. Massimiliano Mazzanti & Ugo Rizzo, 2014. "Moving'diversely'towards'the'green'economy.'CO2'abating'techno organisational'trajectories'and'environmental'policy'in'EU'sectors," SEEDS Working Papers 0914, SEEDS, Sustainability Environmental Economics and Dynamics Studies, revised May 2014.
    5. Kaivo-oja, Jari & Vehmas, Jarmo & Luukkanen, Jyrki, 2016. "Trend analysis of energy and climate policy environment: Comparative electricity production and consumption benchmark analyses of China, Euro area, European Union, and United States," Renewable and Sustainable Energy Reviews, Elsevier, vol. 60(C), pages 464-474.
    6. Newbery, David M., 2016. "Towards a green energy economy? The EU Energy Union’s transition to a low-carbon zero subsidy electricity system – Lessons from the UK’s Electricity Market Reform," Applied Energy, Elsevier, vol. 179(C), pages 1321-1330.
    7. Vega, F. & Baena-Moreno, F.M. & Gallego Fernández, Luz M. & Portillo, E. & Navarrete, B. & Zhang, Zhien, 2020. "Current status of CO2 chemical absorption research applied to CCS: Towards full deployment at industrial scale," Applied Energy, Elsevier, vol. 260(C).
    8. Mattia Manni & Valentina Coccia & Diletta Paoletti & Fabio Raspadori & Timo Ritonummi & Franco Cotana, 2020. "Shaping Multi-Level Energy and Climate Policy within the SET Plan Framework," Sustainability, MDPI, vol. 12(22), pages 1-16, November.
    9. Chodkowska-Miszczuk Justyna & Kulla Marián & Novotný Ladislav, 2017. "The role of energy policy in agricultural biogas energy production in Visegrad countries," Bulletin of Geography. Socio-economic Series, Sciendo, vol. 35(35), pages 19-34, March.
    10. Su, Yujie & Zhang, Peidong & Su, Yuqing, 2015. "An overview of biofuels policies and industrialization in the major biofuel producing countries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 50(C), pages 991-1003.
    11. Justyna Chodkowska-Miszczuk & Jadwiga Biegańska & Stefania Środa-Murawska & Elżbieta Grzelak-Kostulska & Krzysztof Rogatka, 2016. "European Union funds in the development of renewable energy sources in Poland in the context of the cohesion policy," Energy & Environment, , vol. 27(6-7), pages 713-725, November.
    12. Yuzran Bustamar & Ian Lange & Elizabeth Van Wie Davis, 2017. "Characteristic of Successful Energy Policy from Politics, Economics, Social and Technological Perspective - a qualitative analysis," Working Papers 2017-10, Colorado School of Mines, Division of Economics and Business.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Weber, Thomas A. & Neuhoff, Karsten, 2010. "Carbon markets and technological innovation," Journal of Environmental Economics and Management, Elsevier, vol. 60(2), pages 115-132, September.
    2. Nemet, Gregory F. & Zipperer, Vera & Kraus, Martina, 2018. "The valley of death, the technology pork barrel, and public support for large demonstration projects," Energy Policy, Elsevier, vol. 119(C), pages 154-167.
    3. Filippo Maria D’Arcangelo & Ilai Levin & Alessia Pagani & Mauro Pisu & Åsa Johansson, 2022. "A framework to decarbonise the economy," OECD Economic Policy Papers 31, OECD Publishing.
    4. Roger Fouquet, 2012. "Economics of Energy and Climate Change: Origins, Developments and Growth," Working Papers 2012-08, BC3.
    5. Raphael Calel, 2011. "Climate change and carbon markets: a panoramic history," GRI Working Papers 52, Grantham Research Institute on Climate Change and the Environment.
    6. Heindl, Peter, 2012. "Mitigating market power under tradeable permits," ZEW Discussion Papers 12-065, ZEW - Leibniz Centre for European Economic Research.
    7. Stowe, Robert C & Stavins, Robert Norman & Chan, Gabriel Angelo & Sweeney, Richard Leonard, 2012. "The SO2 Allowance Trading System and the Clean Air Act Amendments of 1990: Reflections on Twenty Years of Policy Innovation," Scholarly Articles 8160721, Harvard Kennedy School of Government.
    8. Peter Heindl & Peter J. Wood & Frank Jotzo, 2014. "Combining International Cap-and-Trade with National Carbon Taxes," CCEP Working Papers 1418, Centre for Climate & Energy Policy, Crawford School of Public Policy, The Australian National University.
    9. Stefano Carattini & Maria Carvalho & Sam Fankhauser, 2018. "Overcoming public resistance to carbon taxes," Wiley Interdisciplinary Reviews: Climate Change, John Wiley & Sons, vol. 9(5), September.
    10. Buchholz Wolfgang & Heindl Peter, 2015. "Ökonomische Herausforderungen des Klimawandels," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 16(4), pages 324-350, December.
    11. Tilmann Rave & Ursula Triebswetter & Johann Wackerbauer, 2013. "Koordination von Innovations-, Energie- und Umweltpolitik," ifo Forschungsberichte, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 61.
    12. Sovacool, Benjamin K., 2015. "The political economy of pollution markets: Historical lessons for modern energy and climate planners," Renewable and Sustainable Energy Reviews, Elsevier, vol. 49(C), pages 943-953.
    13. Wolfgang Buchholz & Jonas Frank & Hans-Dieter Karl & Johannes Pfeiffer & Karen Pittel & Ursula Triebswetter & Jochen Habermann & Wolfgang Mauch & Thomas Staudacher, 2012. "Die Zukunft der Energiemärkte: Ökonomische Analyse und Bewertung von Potenzialen und Handlungsmöglichkeiten," ifo Forschungsberichte, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 57.
    14. Joseph E. Aldy & Alan J. Krupnick & Richard G. Newell & Ian W. H. Parry & William A. Pizer, 2010. "Designing Climate Mitigation Policy," Journal of Economic Literature, American Economic Association, vol. 48(4), pages 903-934, December.
    15. Bossink, Bart, 2020. "Learning strategies in sustainable energy demonstration projects: What organizations learn from sustainable energy demonstrations," Renewable and Sustainable Energy Reviews, Elsevier, vol. 131(C).
    16. James Shortle & Richard D. Horan, 2017. "Nutrient Pollution: A Wicked Challenge for Economic Instruments," Water Economics and Policy (WEP), World Scientific Publishing Co. Pte. Ltd., vol. 3(02), pages 1-39, April.
    17. Antonio M. Bento & Emeric Henry & Scott E. Lowe, 2013. "The Determinants of Credit Allocations in a Market-based Trading System: Evidence from the RECLAIM Program," The Review of Regional Studies, Southern Regional Science Association, vol. 43(1), pages 51-80, Summer.
    18. Heindl, Peter, 2011. "The impact of informational costs in quantity regulation of pollutants. The case of the European Emissions Trading Scheme," ZEW Discussion Papers 11-040, ZEW - Leibniz Centre for European Economic Research.
    19. Oscar W Fitch-Roy & David Benson & Bridget Woodman, 2019. "Policy Instrument Supply and Demand: How the Renewable Electricity Auction Took over the World," Politics and Governance, Cogitatio Press, vol. 7(1), pages 81-91.
    20. Don Fullerton & Gilbert E. Metcalf, 2002. "Environmental Controls, Scarcity Rents, and Pre-existing Distortions," Chapters, in: Lawrence H. Goulder (ed.), Environmental Policy Making in Economies with Prior Tax Distortions, chapter 26, pages 504-522, Edward Elgar Publishing.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:enepol:v:66:y:2014:i:c:p:209-217. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/enpol .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.