IDEAS home Printed from https://ideas.repec.org/p/oec/ieaaaa/2011-6-en.html
   My bibliography  Save this paper

Interactions of Policies for Renewable Energy and Climate

Author

Listed:
  • Cédric Philibert

    (International Energy Agency)

Abstract

This paper explores the relationships between climate policy and renewable energy policy instruments. It shows that, even where CO2 emissions are duly priced, specific incentives for supporting the early deployment of renewable energy technologies are justified by the steep learning curves of nascent technologies. This early investment reduces costs in the longer term and makes renewable energy affordable when it needs to be deployed on a very large scale to fully contribute to climate change mitigation and energy security. The paper also reveals other noteworthy interaction effects of climate policy and renewable policy instruments on the wholesale electricity prices in deregulated markets, which open new areas for future research.

Suggested Citation

  • Cédric Philibert, 2011. "Interactions of Policies for Renewable Energy and Climate," IEA Energy Papers 2011/6, OECD Publishing.
    • Handle: RePEc:oec:ieaaaa:2011/6-en
    DOI: 10.1787/5kggc12rmkzq-en
    as

    Download full text from publisher

    File URL: https://doi.org/10.1787/5kggc12rmkzq-en
    Download Restriction: no
    File URL: https://libkey.io/10.1787/5kggc12rmkzq-en?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
    ---><---

    Citations

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


    Cited by:

    1. Oskar Lecuyer & Ruben Bibas, 2011. "Combining climate and energy policies: synergies or antagonisms?," Post-Print hal-00801917, HAL.
    2. del Río, Pablo & Mir-Artigues, Pere, 2014. "Combinations of support instruments for renewable electricity in Europe: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 40(C), pages 287-295.
    3. Federico Boffa & Stefano Clò & Alessio D'Amato, 2013. "Environmental policy and incentives to adopt abatement technologies under endogenous uncertainty," Working Papers 5, Department of the Treasury, Ministry of the Economy and of Finance.
    4. Chun-Nan Chen & Chun-Ting Yang, 2021. "The Investability of PV Systems under Descending Feed-In Tariffs: Taiwan Case," Energies, MDPI, vol. 14(9), pages 1-13, May.
    5. Barragán-Beaud, Camila & Pizarro-Alonso, Amalia & Xylia, Maria & Syri, Sanna & Silveira, Semida, 2018. "Carbon tax or emissions trading? An analysis of economic and political feasibility of policy mechanisms for greenhouse gas emissions reduction in the Mexican power sector," Energy Policy, Elsevier, vol. 122(C), pages 287-299.
    6. Hall, N. & Ashworth, P. & Devine-Wright, P., 2013. "Societal acceptance of wind farms: Analysis of four common themes across Australian case studies," Energy Policy, Elsevier, vol. 58(C), pages 200-208.
    7. Lehmann, Paul & Gawel, Erik, 2013. "Why should support schemes for renewable electricity complement the EU emissions trading scheme?," Energy Policy, Elsevier, vol. 52(C), pages 597-607.
    8. Michael Howlett & Pablo del Rio, 2015. "The parameters of policy portfolios: verticality and horizontality in design spaces and their consequences for policy mix formulation," Environment and Planning C, , vol. 33(5), pages 1233-1245, October.
    9. del Río, Pablo, 2017. "Why does the combination of the European Union Emissions Trading Scheme and a renewable energy target makes economic sense?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 74(C), pages 824-834.
    10. Zhao, Yong & Tang, Kam Ki & Wang, Li-li, 2013. "Do renewable electricity policies promote renewable electricity generation? Evidence from panel data," Energy Policy, Elsevier, vol. 62(C), pages 887-897.
    11. Krahé, Max & Heidug, Wolf & Ward, John & Smale, Robin, 2013. "From demonstration to deployment: An economic analysis of support policies for carbon capture and storage," Energy Policy, Elsevier, vol. 60(C), pages 753-763.
    12. Scandurra, Giuseppe & Romano, Antonio Angelo, 2011. "The investments in renewable energy sources: do low carbon economies better invest in green technologies?," MPRA Paper 34216, University Library of Munich, Germany.
    13. Pablo Río, 2014. "On evaluating success in complex policy mixes: the case of renewable energy support schemes," Policy Sciences, Springer;Society of Policy Sciences, vol. 47(3), pages 267-287, September.
    14. Giliberto Capano & Michael Howlett, 2020. "The Knowns and Unknowns of Policy Instrument Analysis: Policy Tools and the Current Research Agenda on Policy Mixes," SAGE Open, , vol. 10(1), pages 21582440199, January.
    15. Newell, Richard G. & Pizer, William A. & Raimi, Daniel, 2019. "U.S. federal government subsidies for clean energy: Design choices and implications," Energy Economics, Elsevier, vol. 80(C), pages 831-841.
    16. Antonio Angelo Romano & Giuseppe Scandurra, 2011. "The Investments in Renewable Energy Sources: Do Low Carbon Economies Better Invest In Green Technologies?," International Journal of Energy Economics and Policy, Econjournals, vol. 1(4), pages 107-115.
    17. Simsek, Hayal Ayca & Simsek, Nevzat, 2013. "Recent incentives for renewable energy in Turkey," Energy Policy, Elsevier, vol. 63(C), pages 521-530.
    18. Davide Antonioli & Simone Borghesi & Alessio D'Amato & Marianna Gilli & Massimiliano Mazzanti & Francesco Nicolli, 2014. "Analysing the Interactions of Energy and climate policies in a broad Policy ‘optimality’ framework. The Italian case study," SEEDS Working Papers 2514, SEEDS, Sustainability Environmental Economics and Dynamics Studies, revised Aug 2014.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    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:oec:ieaaaa:2011/6-en. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/ieaaafr.html .

    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.