Policy Options: Targets & Timetables
Case studies:
European Union's
Indicative Targets
US
Renewable Portfolio Standards
The WCRE appeals to governments to determine
national targets to increase the share of Renewable
Energies on their energy supply - following
the example of the European Union…[and] recommends
to establish national targets of minimum 2%
annual Renewable Energy growth. Furthermore,
it is necessary to convert present expenditures
on energy research and development totally in
favour of Renewable Energy.
World Energy Council
|
Clearly, setting timetables for the generation of electricity
from renewable energy sources is a powerful policy tool.
It provides flexibility for industry to reach the target,
while it encourages change. When a government establishes
the target, this is an important political message that
they value the commercialization of renewable energy
technologies. Reaching the goal means that the market
share of renewables increases. Naturally, costs will
drop with increased productio and a larger infrastructure
base.
Targets and timetables can be reached in different ways.
In the US, there are Renewable Portfolio Standards that
are complemented by a credit trading system. In the
E.U., the White Papers that outline the indicative targets
enumerate several state-funded programs to reach the
target level.
European Union's Indicative Targets:
To derive 12% of total energy consumption and 22.1%
of electricity consumption from renewable sources by
2010.
To reach this goal, they will promote
high-profile renewable energy projects, including 1,000,000
PV systems, 10,000MW large wind farms, 10,000 MWth biomass
& integration of renewable energy in 100 small communities
Graph 4
EU's implementation goals: to give fair market access
without financial burdens by:
1. nondiscriminatory access to the electricity market
fiscal and financial measures
2. new initiatives regarding bioenergy for transport,
heat and electricity; increase market share of bio-fuels
3. promote use of renewables in the construction industry,
both in retrofitting and for new buildings
Benefits of the EU's targets:
1. the creation of 500 to 900 000 jobs
2. annual saving of fuel costs of ECU 3 billion from
2010
3. the reduction of fuel imports by 17.4% 4. cut of
CO2 emissions by 402 mill. tons/year by 2010
Source:EUROPA
To see the programs of EU Member States from 1998-2000,
go to the Commission of the European Communities' paper:
Current
Policies in Member States, see page 39
Resources:
EUROPA:
Renewable Energy White Paper
|
| |
Email
this page to a friend
Updated: 2008/01/18
If you speak another language fluently and you liked this page, make
a contribution by translating
it! For additional translations check out FreeTranslation.com
(Voor vertaling van Engels tot Nederlands)
(For oversettelse fra Engelsk til Norsk)
(Для дополнительных
переводов проверяют
FreeTranslation.com )
