Key messages:
- Support for renewables (RES) under the existing Green Tariff failed to reach deployment targets but causes high cost
- If well designed, auctioning for large renewables projects allows to achieve deployment targets at reasonable cost
- Small renewables projects can have important side benefits, but an auctioning scheme will fail to encourage their development
- Well targeted feed in tariffs can support a cost efficient deployment of the most beneficial installations
Keyword(s):
What is a Policy Briefing?
Similar to Policy Papers, current or possible future policy topics are discussed. The economic analysis and policy recommendations are presented in a concise manner, focussing on the core arguments and results.