IDEAS home Printed from https://ideas.repec.org/a/eee/renene/v83y2015icp905-917.html
   My bibliography  Save this article

The 2013 reforms of the Flemish renewable electricity support: Missed opportunities

Author

Listed:
  • El Kasmioui, O.
  • Verbruggen, A.
  • Ceulemans, R.

Abstract

The Flemish renewable electricity support system has struggled to address a number of problematic issues in the past. These included excessive profit margins and general malfunctioning of the green certificate market, as well as a lack of qualification of various existing renewable energy technologies. The Flemish government responded to these issues by introducing major reforms in 2013, including “banding” to differentiate the support for various technologies. However, reliable methods for differentiating renewable electricity technologies and calculating support levels have not been sufficiently developed. The main objective of the 2013 reforms was to reduce support costs, but application of German feed-in tariffs on 18 reference technologies has shown that most projects in Flanders continue to receive high levels of support. The 2013 reforms did not succeed in addressing malfunctioning of the green certificate market. On the contrary, the confidence of investors in renewable electricity plants has decreased as the terms of support can be altered retroactively by adjusting remuneration levels and through political interventions. Future adaptations are likely to be made which will further decrease the overall stability and effectiveness of the system.

Suggested Citation

  • El Kasmioui, O. & Verbruggen, A. & Ceulemans, R., 2015. "The 2013 reforms of the Flemish renewable electricity support: Missed opportunities," Renewable Energy, Elsevier, vol. 83(C), pages 905-917.
  • Handle: RePEc:eee:renene:v:83:y:2015:i:c:p:905-917
    DOI: 10.1016/j.renene.2015.05.023
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0960148115004024
    Download Restriction: Full text for ScienceDirect subscribers only

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

    References listed on IDEAS

    as
    1. Burtraw, Dallas & Palmer, Karen & Darmstadter, Joel & McVeigh, James, 1999. "Winner, Loser, or Innocent Victim? Has Renewable Energy Performed As Expected?," Discussion Papers dp-99-28, Resources For the Future.
    2. Verbruggen, Aviel, 2004. "Tradable green certificates in Flanders (Belgium)," Energy Policy, Elsevier, vol. 32(2), pages 165-176, January.
    3. Butler, Lucy & Neuhoff, Karsten, 2008. "Comparison of feed-in tariff, quota and auction mechanisms to support wind power development," Renewable Energy, Elsevier, vol. 33(8), pages 1854-1867.
    4. Verbruggen, Aviel & Lauber, Volkmar, 2012. "Assessing the performance of renewable electricity support instruments," Energy Policy, Elsevier, vol. 45(C), pages 635-644.
    5. Haas, R. & Eichhammer, W. & Huber, C. & Langniss, O. & Lorenzoni, A. & Madlener, R. & Menanteau, P. & Morthorst, P. -E. & Martins, A. & Oniszk, A. & Schleich, J. & Smith, A. & Vass, Z. & Verbruggen, A, 2004. "How to promote renewable energy systems successfully and effectively," Energy Policy, Elsevier, vol. 32(6), pages 833-839, April.
    6. Laleman, Ruben & Albrecht, Johan, 2014. "Comparing push and pull measures for PV and wind in Europe," Renewable Energy, Elsevier, vol. 61(C), pages 33-37.
    7. Poullikkas, Andreas, 2013. "A comparative overview of large-scale battery systems for electricity storage," Renewable and Sustainable Energy Reviews, Elsevier, vol. 27(C), pages 778-788.
    8. Johnston, Angus & Kavali, Amalia & Neuhoff, Karsten, 2008. "Take-or-pay contracts for renewables deployment," Energy Policy, Elsevier, vol. 36(7), pages 2481-2503, July.
    9. Verbruggen, Aviel & Lauber, Volkmar, 2009. "Basic concepts for designing renewable electricity support aiming at a full-scale transition by 2050," Energy Policy, Elsevier, vol. 37(12), pages 5732-5743, December.
    10. Lipp, Judith, 2007. "Lessons for effective renewable electricity policy from Denmark, Germany and the United Kingdom," Energy Policy, Elsevier, vol. 35(11), pages 5481-5495, November.
    11. Haas, Reinhard & Resch, Gustav & Panzer, Christian & Busch, Sebastian & Ragwitz, Mario & Held, Anne, 2011. "Efficiency and effectiveness of promotion systems for electricity generation from renewable energy sources – Lessons from EU countries," Energy, Elsevier, vol. 36(4), pages 2186-2193.
    12. Söderholm, Patrik & Sundqvist, Thomas, 2007. "Empirical challenges in the use of learning curves for assessing the economic prospects of renewable energy technologies," Renewable Energy, Elsevier, vol. 32(15), pages 2559-2578.
    13. Verbruggen, Aviel, 2009. "Performance evaluation of renewable energy support policies, applied on Flanders' tradable certificates system," Energy Policy, Elsevier, vol. 37(4), pages 1385-1394, April.
    14. Nielsen, Lene & Jeppesen, Tim, 2003. "Tradable Green Certificates in selected European countries--overview and assessment," Energy Policy, Elsevier, vol. 31(1), pages 3-14, January.
    15. Madlener, Reinhard & Stagl, Sigrid, 2005. "Sustainability-guided promotion of renewable electricity generation," Ecological Economics, Elsevier, vol. 53(2), pages 147-167, April.
    16. Haas, Reinhard & Panzer, Christian & Resch, Gustav & Ragwitz, Mario & Reece, Gemma & Held, Anne, 2011. "A historical review of promotion strategies for electricity from renewable energy sources in EU countries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(2), pages 1003-1034, February.
    17. AfDB AfDB, . "Annual Report 2012," Annual Report, African Development Bank, number 461, March.
    18. Njakou Djomo, S. & El Kasmioui, O. & De Groote, T. & Broeckx, L.S. & Verlinden, M.S. & Berhongaray, G. & Fichot, R. & Zona, D. & Dillen, S.Y. & King, J.S. & Janssens, I.A. & Ceulemans, R., 2013. "Energy and climate benefits of bioelectricity from low-input short rotation woody crops on agricultural land over a two-year rotation," Applied Energy, Elsevier, vol. 111(C), pages 862-870.
    19. WorldFish, 2013. "Annual report 2012/13," Working Papers, The WorldFish Center, number 40306, October.
    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. Hills, Jeremy M. & Michalena, Evanthie, 2017. "Renewable energy pioneers are threatened by EU policy reform," Renewable Energy, Elsevier, vol. 108(C), pages 26-36.
    2. Frei, Fanny & Loder, Allister & Bening, Catharina R., 2018. "Liquidity in green power markets – An international review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 93(C), pages 674-690.
    3. Angelopoulos, Dimitrios & Doukas, Haris & Psarras, John & Stamtsis, Giorgos, 2017. "Risk-based analysis and policy implications for renewable energy investments in Greece," Energy Policy, Elsevier, vol. 105(C), pages 512-523.
    4. Helgesen, Per Ivar & Tomasgard, Asgeir, 2018. "An equilibrium market power model for power markets and tradable green certificates, including Kirchhoff's Laws and Nash-Cournot competition," Energy Economics, Elsevier, vol. 70(C), pages 270-288.

    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:renene:v:83:y:2015:i:c:p:905-917. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dana Niculescu). General contact details of provider: http://www.journals.elsevier.com/renewable-energy .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.