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Shaping an effective and efficient European renewable energy market (RE-Shaping)

Shaping an effective and efficient European renewable energy market (RE-Shaping). Shaping an effective and efficient European renewable energy market RE-Shaping Objectives :

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Shaping an effective and efficient European renewable energy market (RE-Shaping)

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  1. Shaping an effective and efficient European renewable energy market (RE-Shaping)

  2. Shaping an effective and efficient European renewable energy market RE-Shaping Objectives: Derivation of effective and efficient policies supporting renewable energies in a liberalised European energy market and assisting EU Member States in the implementation of the RES Directive for 2020. Project's website: www.reshaping-res-policy.eu / Geographical coverage: EU-27

  3. Policy needs: Monitoring of existing support instruments for RES and modelling of main policy alternatives is crucial for the future policy development. • Unbiased and scientifically robust analysis is needed in a sometimes controversial discussion on the optimal support strategy. • Target group:National and European policy makers, renewable branch organisations, RES generators, energy consumers and suppliers • Who benefits? • National and European policy makers gaining critical insight into the success and potentials for improvement of their support systems. • European energy consumers will benefit due to lower prices and higher RES deployment.

  4. Objectives: • Analyse the effectiveness and the efficiency of current and future RES support schemes. • Identify current best practices and assess (future) costs of RES and the corresponding support necessary to initiate stable growth. • Analyse and promote better integration of RES policies with climate & innovation policy and liberalised energy markets. • Analyse options for flexibility and cooperation between Member States. • The future deployment of RES in each MS is calculated based on the Green-X model to assist MS in implementing national action plans and to support a long term vision of the European RES policy. • Analyse the impact of policies on risks for RES financing and propose improved more risk-conscious policies.

  5. How? • Statistical analysis of historical data / development of quantitative indicators for success and failure of RES support schemes • Profitability analysis of investments in RES projects • Stakeholder consultation – internet based and by personal contacts • Analytical analysis of market and policy interactions • Quantitative analysis of the costs and benefits of present and future policy options based on the techno-economic model Green-X

  6. Expected results: • Clear empirical insights into the present success and failures to support RES in Europe on Member State level. • Quantitative results on the costs and benefits of future policy options such optimised national and coordinated policy options based on the techno-economic model Green-X. • Detailed definition of best practice criteria for renewable energy support schemes and policy integration. • Stakeholder involvement through in-depth expert talks with Member States officials and market actors. • Recommendations and action plan on optimisation of RES policy measures to support policy makers on European and national level.

  7. Shaping an effective and efficient European renewable energy market • RE-Shaping • Coordinator: • Dr. Mario Ragwitz • Fraunhofer Institute for Systems and Innovation Research(ISI) • Email: m.ragwitz@isi.fraunhofer.de • Phone: +49-721-6809-157 • Participants: • Fraunhofer Institute for Systems and Innovation Research (Fh-ISI), Germany • Energy Economics Group (EEG) at the TU Vienna, Austria • Ecofysb.v. (Ecofys), The Netherlands • Climate Policy Initiative, DIW Berlin (DIW), Germany • Lithuanian Energy Institute (LEI), Lithuania • Utrecht University, The Netherlands • EnergoBanking Advisory Ltd, Hungary • Bocconi University, Italy • KEMA, The Netherlands • Project's website: www.reshaping-res-policy.eu

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