The government defines targets for RES-E deployment and requires a particular party in the electricity supply chain (for example, the generator, wholesaler or consumer) to fulfil certain obligations. Once defined, a parallel market for renewable energy certificates is established and their price is set following demand and supply conditions (forced by the obligation).
Regions have a very important role to play in increasing the market shares for RES-e and in achieving the European policy targets: – by taking a strategic approach and developing and implementing RES-e strategies and action plans – by tackling administrative barriers often to be found on regional or sub-regional levels – by promotion and awareness raising and involving regional stakeholders – by tackling.
What is RES-E? Definition of RES-E: Refers to the electricity generated from clean energy sources such as photovoltaic, hydro, tidal/wave, wind, geothermal, and renewable biomass.
the impact costlier RES-E can have on energy prices, and the effects that the stochastic nature of renewable fuels has on the delivery of electricity. Thus, while in this last decade the RES-E technology learning has been very important, the regulatory learning has not, share of electricity generated from renewable energy sources (RES-E) under a range of technological and institutional assumptions. W e also id entify the i mplications on economic c osts and the …
1 RES-E technologies include: bioenergy, direct solar energy, geothermal energy, hydropower, ocean energy, and wind energy. These technologies can be (i) variable and—to some degree—unpredictable, (ii) …
