CEPS Task Force Report:
Market Stimulation of Renewable Electricity in the EU: What degree of harmonisation of support mechanisms is required?
Authors: Jaap C. Jansen, Kyriakos Gialoglou and Christian Egenhofer
The EU aims at having electricity generated from renewable sources (RES-E) reaching 21% of the total in its 25 member states by 2010. This target has been formulated in the EU Renewables Directive, which sets out differentiated targets for each member state and framework conditions for market support for renewable generation. In the background of the European Commission’s autumn 2005 review of member-state support mechanisms for RES penetration, this report of a joint CEPS-ECN Task Force analyses the state of play of the EU’s renewables policy and reviews the support mechanisms to achieve the 2010 target. It develops a medium- to long-term strategy for support and provides a blueprint for a viable framework for beyond 2010.
Antonio Pflüger, Head of Energy Technology Collaboration in the International Energy Agency (IEA)
Jaap Jansen, Senior Economist, Energy research Centre of the Netherlands (ECN)
Kyriakos Gialoglou, Research Fellow, CEPS
2nd meeting: 10 Feb 2005
3rd meeting: 21 Apr 2005
4th meeting: 7 Jun 2005