Design options for cooperation mechanisms under the new European renewable energy directive

Author

Corinna Klessmann, Patrick Lamers, Mario Ragwitz and Gustav Resch

Energy Policy, 2010, vol. 38, issue 8, pages 4679-4691

Abstract: In June 2009, a new EU directive on the promotion of renewable energy sources (RES) entered into effect. The directive 2009/28/EC, provides for three cooperation mechanisms that will allow member states to achieve their national RES target in cooperation with other member states: statistical transfer, joint projects, and joint support schemes. This article analyses the pros and cons of the three mechanisms and explores design options for their implementation through strategic and economic questions: How to counterbalance the major drawbacks of each mechanism? How to reflect a balance of costs and benefits between the involved member states? The analysis identifies a number of design options that respond to these questions, e.g. long term contracts to ensure sufficient flexibility for statistical transfers, a coordinated, standardised joint project approach to increase transparency in the European market, and a stepwise harmonisation of joint support schemes that is based on a cost-effective accounting approach. One conclusion is that the three cooperation mechanisms are closely interlinked. One can consider their relation to be a gradual transition from member state cooperation under fully closed national support systems in case of statistical transfers, to cooperation under fully open national support systems in a joint support scheme.

Keywords: Renewable; energy; Cooperation; 2020; Targets (search for similar items in EconPapers)
Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (18) Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0301-4215(10)00301-0
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:http://EconPapers.repec.org/RePEc:eee:enepol:v:38:y:2010:i:8:p:4679-4691

Access Statistics for this article

Energy Policy is currently edited by N. France

More articles in Energy Policy from  Elsevier
Series data maintained by Dana Niculescu (repec@elsevier.com).

For further details log on website :
http://econpapers.repec.org/scripts/search.pf?kw=New%20renewable%20energy