Implementing the EU Renewables Directive
The European Renewables Directive requires Member States to deliver on average 20% of their final energy consumption by 2020 using renewable energy sources. To deliver this target, Member States have to adjust planning procedures, evaluate energy market design, provide grid and supply infrastructure, and implement support schemes that limit regulatory risk for finance. The paper discusses how quantitative policy indicators can allow governments to measure and manage the successful implementation of the necessary policies to deliver the renewable targets. The indicators need to be designed so that they can focus on individual components of the policy framework and measure whether the envisaged annual deployment level of a technology is compatible with the framework in place in a country. Increased transparency provided by policy indicators facilitates management of policy implementation, enhances accountability of governments and can inform the reporting of Member States to the European Commission. This allows technology companies to have confidence in projected deployment levels and triggers private sector investment in the supply chain to provide the necessary production capacity.
References listed on IDEAS
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- Neuhoff, K. & Sellers, R., 2006. "Mainstreaming New Renewable Energy Technologies," Cambridge Working Papers in Economics 0624, Faculty of Economics, University of Cambridge.
- Mario Ragwitz & Claus Huber & Gustav Resch, 2007. "Promotion of renewable energy sources: effects on innovation," International Journal of Public Policy, Inderscience Enterprises Ltd, vol. 2(1/2), pages 32-56.
- Grubb, Michael & Butler, Lucy & Twomey, Paul, 2006.
"Diversity and security in UK electricity generation: The influence of low-carbon objectives,"
Elsevier, vol. 34(18), pages 4050-4062, December.
- Grubb, M. & Butler, L. & Sinden, G., 2005. "Diversity and Security in UK Electricity Generation: The Influence of Low Carbon Objectives," Cambridge Working Papers in Economics 0511, Faculty of Economics, University of Cambridge.
- Mitchell, C. & Bauknecht, D. & Connor, P.M., 2006. "Effectiveness through risk reduction: a comparison of the renewable obligation in England and Wales and the feed-in system in Germany," Energy Policy, Elsevier, vol. 34(3), pages 297-305, February.
- Neuhoff, Karsten & Ehrenmann, Andreas & Butler, Lucy & Cust, Jim & Hoexter, Harriet & Keats, Kim & Kreczko, Adam & Sinden, Graham, 2008. "Space and time: Wind in an investment planning model," Energy Economics, Elsevier, vol. 30(4), pages 1990-2008, July.
- Neuhoff, K. & Ehrenmann, A. & Butler, L. & Cust, J. & Hoexter, H. & Keats, K. & Kreczko,A. & Sinden, G., 2006. "Space and Time: Wind in an Investment Planning Model," Cambridge Working Papers in Economics 0620, Faculty of Economics, University of Cambridge.
- Aghion, Philippe & Harris, Christopher & Vickers, John, 1997. "Competition and growth with step-by-step innovation: An example," European Economic Review, Elsevier, vol. 41(3-5), pages 771-782, April. Full references (including those not matched with items on IDEAS)
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