Feed In Tariffs In The European Union

This book is a sociological account of the historical trajectory of feed-in tariffs (FITs) as an instrument for the promotion of renewable energy in Europe. Chapters analyse the emergence and transformations of feed-in tariffs as part of the policy arsenal developed to encourage the creation of markets for RES-E in Europe. The authors explore evolving conceptions of renewable energy policy at the intersection between environmental objectives, technological change and the ambition to liberalise the internal electricity market. They draw conclusions on the relationships between markets and policy-making as it is instituted in the European Union, and on the interplay between the implementation of a European vision on energy and national politics. Distinctive in both its approach and its methods the books aim is not to discuss the design of feed-in tariffs and their evolution, nor is it to assess their efficiency or fairness. Instead, the authors seek to understand what makes feed-in tariffs what they are, and how this has changed over time.

This book examines the coordination of renewable energy policies in the European Union using an innovative theoretical approach to explain national policy making. David Jacobs asks, why are national support instruments for electricity from renewable energy sources converging, even though the harmonisation of these frameworks at the European level has failed? Which causal mechanisms lead to cross-national policy similarities? And what are the implications for policy coordination in the EU? The author traces the evolution of feed-in tariffs - the most successful and most widely used support mechanism for renewable electricity - in Germany, Spain and France. He reveals increasing cross-national policy similarities in feed-in tariff design - despite the failure of harmonizing instruments at the European level. He explains these increasing policy similarities by applying policy convergence theory. Policy convergence can occur voluntarily, based on transnational communication, regulatory competition and technological innovations and these findings have important implications for European policy steering. The key to this book is the interrelation of an innovative theoretical concept (coordination of policies in the international arena via voluntary cooperation) with a very topical empirical research focus - the promotion of renewable energies in the EU. It will be essential reading for scholars and students of environmental policy, comparative politics and European studies.

Feed-in tariffs (FITs) are the most widely used renewable energy policy in the world for driving accelerating renewable energy (RE) deployment, accounting for a greater share of RE development than either tax incentives or renewable portfolio standard (RPS) policies. FITs have generated significant RE deployment, helping bring the countries that have implemented them successfully to the forefront of the global RE industry. In the European Union (EU), FIT policies have led to the deployment of more than 15,000 MW of solar photovoltaic (PV) power and more than 55,000 MW of wind power between 2000 and the end of 2009. In total, FITs are responsible for approximately 75% of global PV and 45% of global wind deployment. Countries such as Germany, in particular, have demonstrated that FITs can be used as a powerful policy tool to drive RE deployment and help meet combined energy security and emissions reductions objectives. This policymaker's guide provides a detailed analysis of FIT policy design and implementation and identifies a set of best practices that have been effective at quickly stimulating the deployment of large amounts of RE generation. Although the discussion is aimed primarily at decision makers who have decided that a FIT policy best suits their needs, exploration of FIT policies can also help inform a choice among alternative renewable energy policies.

After 2 decades, policymakers and regulators agree that electricity market reform, liberalization and privatization remains partly art. Moreover, the international experience suggests that in nearly all cases, initial market reform leads to unintended consequences or introduces new risks, which must be addressed in subsequent “reform of the reforms. Competitive Electricity Markets describes the evolution of the market reform process including a number of challenging issues such as infrastructure investment, resource adequacy, capacity and demand participation, market power, distributed generation, renewable energy and global climate change. Sequel to Electricity Market Reform: An International Perspective in the same series published in 2006 Contributions from renowned scholars and practitioners on significant electricity market design and implementation issues Covers timely topics on the evolution of electricity market liberalization worldwide

This open access book gathers the results of an interdisciplinary research project led by the Swiss Competence Centers for Energy Research (SCCER CREST) and jointly implemented by several universities. It identifies political, economic and legal challenges and opportunities in the energy transition from a governance perspective by exploring a variety of tools that allow state, non-state and transnational actors to manage the transition of the energy industry toward less fossil-fuel reliance. When analyzing the roles of these actors, the authors examine not only formal procedures such as political and democratic processes, but also market behavior and societal practices. In other words, the handbook focuses on both the behavior and the positive and normative frameworks of political actors, bureaucracies, courts, international organizations, lobby groups, civil society, economic actors and individuals. The authors subsequently use their findings to formulate specific guidelines for lawmakers and other rule-makers, as well as private and public actors. To do so, they draw on approaches stemming from the legal, political and management sciences.

In the last two decades, feed-in tariffs (FIT) have emerged as the dominant policy instrument for supporting electricity from renewable sources in the European Union. This paper examines the effect of such feed-in tariffs on consumer prices for electricity. While a multitude of studies examine the effects of FIT policies on electricity prices within individual countries or across countries using complicated ex-post computer simulations, there are a dearth of rigorous ex-post, cross-country econometric analyses. Using 1992-2009 panel data across 20 European countries and a dynamic panel data model estimation, this paper analyzes the effect of FIT policies for electricity generated from wind and solar photovoltaic (PV) on electricity prices at the household consumer level. The analysis finds a mild association of the support level for wind energy with higher retail prices, but no price increase for solar PV support. This finding points toward the existence of a `merit order effect' and, in particular, a strong `time of day' effect, where solar PV is able to replace more costly natural gas and petroleum generation because it is generated during times of peak demand, whereas electricity from wind is mostly generated at night when demand is low. However, the shares of solar PV electricity generated under the FIT are still very low; as the share of electricity generation that is covered by the FIT rises, adverse price effects may become more apparent. The paper also finds that feed-in tariffs for wind only increase retail prices in the presence of retail regulation, indicating that regulatory bodies may allow utility companies to charge higher prices in the presence of FIT payments, whereas utility companies that are subject to retail competition are not able to pass on their additional costs to customers. In addition, the paper further finds that larger shares of electricity generated from hydro and nuclear power decrease retail rates, suggesting that, due to their similar cost profile, the same could be true for wind and solar PV in the long term, once a fleet of generation capacity from wind and solar PV is established and the initial capital costs are recovered.

This timely book examines the role played by regional authorities in the EU in the transition towards renewable energy. Drawing on both academia and practice, the expert contributors explore some of the key legal questions that have emerged along the e

Feed-in tariffs (FITs) are the most widely used renewable energy policy in the world for driving accelerating renewable energy (RE) deployment, accounting for a greater share of RE development than either tax incentives or renewable portfolio standard (RPS) policies. FITs have generated significant RE deployment, helping bring the countries that have implemented them successfully to the forefront of the global RE industry. In the European Union (EU), FIT policies have led to the deployment of more than 15,000 MW of solar photovoltaic (PV) power and more than 55,000 MW of wind power between 2000 and the end of 2009. In total, FITs are responsible for approximately 75% of global PV and 45% of global wind deployment. Countries such as Germany, in particular, have demonstrated that FITs can be used as a powerful policy tool to drive RE deployment and help meet combined energy security and emissions reductions objectives. This policymaker's guide provides a detailed analysis of FIT policy design and implementation and identifies a set of best practices that have been effective at quickly stimulating the deployment of large amounts of RE generation. Although the discussion is aimed primarily at decision makers who have decided that a FIT policy best suits their needs, exploration of FIT policies can also help inform a choice among alternative renewable energy policies.

A feed-in tariff is a renewable energy law that obliges energy suppliers to buy electricity produced from renewable resources at a fixed price, usually over a fixed periodeven from householders. These legal guarantees ensure investment security, and the support of all viable renewable energy technologies.