Do mature RES-E technologies still need dedicated support towards 2030?
Join the FSR Online Debate with:
- Jean-Michel Glachant, Florence School of Regulation
- Clemens Cremer, EnBW
- Fabio Genoese, Tractebel
- Anne Held, Fraunhofer ISI
- Mario Ragwitz, Fraunhofer ISI, University of Freiburg, FSR
- Koen Noyens, Eurelectric
Renewable energies are no more a marginal component of the electricity mix in Europe. In the last decade, effective supporting schemes have promoted a wide deployment of power plants exploiting wind, sun and biomass energy, contributing to the reduction of carbon emissions and to the development of new business opportunities within the EU borders.
Such policies have been so successful that some of these technologies have now costs that are comparable to that of other conventional ways of generating power. However, the price paid by energy consumers is not negligible at all and the proper functioning of the internal market for electricity is a challenge.
A strong debate is now going on at the European level, whether dedicated support for mature renewable technologies should continue or not after 2020, especially in the light of the current overcapacity affecting many EU power systems and the possible critical overlapping with the other traditional pillar of the EU climate policy, i.e. the ETS. On the other hand efficient financing schemes for renewables can be an important pillar to reduce the capital costs for decarbonisation of the European power system.
The Clean Energy Package proposed by the European Commission last year makes the topic even more relevant, since the EU will decide and shape in the next months the details of its energy and climate policy for the decade between 2020 and 2030.
This online debate will analyse the main issues on the table:
- do almost mature RES technologies still need support?
- are financing schemes for RES in the power sector the most efficient and effective way to further the decarbonisation goal set out by the EU?
- are dedicated schemes for RES compatible with the pricing of carbon provided by the ETS or should the latter be reformed once again?
- in which way should the support measures be designed in order to minimise the costs for the consumers and the society as a whole?
Interested in this topic? Learn more on our Training Course on the Regulation and Integration of Renewable Energy