18.05.2018 11:56 Age: 213 days

Renewable energy policies in a time of transition


Renewable energy sources have become the driving forces of the global energy transition advanced by national policy support, reduced technology costs and significant technology advances.  However, the progress has been uneven in different countries and sectors. Technology and financial risks still have a negative impact on the expansion of renewables into new markets. As the power sector evolves, the increased adoption of variable renewables requires more flexible systems.

The report published by the International Renewable Energy Agency (IRENA), the International Energy Agency (IEA) and the Renewable Energy Policy Network for the 21st Century (REN21), provides a comprehensive overview of policy measures available to address such challenges.

The key findings of the report are:

  • renewable energy policies must focus on end-use sectors, not just power generation;
  • the use of renewables for heating and cooling requires greater policy attention, including dedicated targets, technology mandates, financial incentives, generation-based incentives, and carbon or energy taxes;
  • policies in the transport sector require further development, including integrated policies to decarbonize energy carriers and fuels, vehicles and infrastructure;
  • policies in the power sector must also evolve further to address new challenges;
  • measures are needed to support the integration of variable renewable energy, taking into account the specific characteristics of solar and wind power;
  • achieving the energy transition requires holistic policies that consider factors beyond the energy sector itself

 

You can download the report under the following link:  http://www.ren21.net/wp-content/uploads/2018/04/17-8622_Policy_FullReport_web_FINAL.pdf

Source: http://www.ren21.net


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