More effective renewable energy policies save EU six billion Euros a year
Utrecht, The Netherlands, 11 January 2012 – Stepping up to a next phase in policy support for renewable energy could save the EU 4 billion Euros of policy costs a year. In addition, if EU member states would increasingly cooperate, another 2 to 3 billion Euros could be saved in annual policy costs for achieving the 2020 targets. This is one of the main conclusions Corinna Kleßmann draws from her PhD thesis, which she will defend at Utrecht University today.
Kleßmann, who works as a Managing Consultant with Ecofys Germany, discusses the effective and cost-efficient design of renewable energy sources support policies in the European Union. The support of renewables in the EU is a patchwork of 27 different policy portfolios, guided by the EU Directive targeting a 20% share of renewables by 2020.
The analysis shows that the effectiveness and efficiency of policies is still low in many European member states, but top runner countries have gained significant experience in tailored policy design. “The first thing in improving policies is: reducing the risks for investors,” Kleßmann says. “This is in parallel with ensuring long-term commitment and increasing the stability of the regulatory framework. These two aspects will considerably reduce policy costs. In the present circumstances of the financial crisis, this has become even more important than before.”
Countries that are lagging behind should apply elements from the successful policies applied in top runner countries like Germany, Denmark or Sweden. Cross-country cooperation on renewables support could occur in specific projects. The European law also allows countries to fully integrate their individual national targets and policies. “This kind of bottom-up cooperation between member states seems more promising than a drastic harmonization of policies by the European Commission,” Kleßmann concludes.
Corinna Kleßmann: Increasing the effectiveness and efficiency of renewable energy support policies in the European Union. PhD thesis Utrecht University,
Promoter: Prof. Dr. Kornelis Blok. The thesis is available online.
Ecofys – Experts in energy
Established in 1984 with the vision of achieving “sustainable energy for everyone”, Ecofys has become the leading expert in renewable energy, energy & carbon efficiency, energy systems & markets as well as energy & climate policies. The unique synergy between those areas of expertise is the key to its success. Ecofys creates smart, effective, practical and sustainable solutions for and with public and corporate clients all over the world. With offices in the Netherlands, Germany, the United Kingdom, China and the US Ecofys employs over 250 experts dedicated to solving energy and climate challenges.
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