By OECD Publishing; International Energy Agency
The worldwide power method faces pressing demanding situations. matters approximately power protection are growing to be, as highlighted by means of the new political turmoil in Northern Africa and the nuclear incident in Fukushima. while, the necessity to reply to weather switch is extra serious than ever. by contrast history, many governments have elevated efforts to advertise deployment of renewable power – low-carbon resources which could increase power defense. This has influenced unheard of upward push in deployment, and renewables at the moment are the fastest
growing zone of the power mix.
This “coming of age” of renewable strength additionally brings demanding situations. progress is targeted on many of the on hand applied sciences, and quick deployment is restricted to a comparatively small variety of international locations. in additional complex markets, dealing with aid expenditures and process integration of huge stocks of renewable strength in a time of monetary weak spot and funds austerity has sparked energetic political debate.
The IEA’s new file, Deploying Renewables 2011: most sensible and destiny coverage Practice:
· presents a accomplished evaluate and research of renewable strength coverage and marketplace trends;
· Analyses intimately the dynamics of deployment and offers best-practice coverage ideas for various levels of marketplace maturity;
· Assesses the effect and cost-effectiveness of help regulations utilizing new methodological instruments and indicators;
· Investigates the strategic purposes underpinning the pursuit of RE deployment via various international locations and the clients for globalisation of RE.
This new booklet builds on and extends a 2008 IEA booklet, drawing on contemporary coverage and deployment adventure world-wide. It presents assistance for coverage makers and different stakeholders to prevent previous error, triumph over new demanding situations and benefit from deploying renewables – at the present time and the next day to come.
Read or Download Deploying Renewables : Best and Future Policy Practice PDF
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Additional info for Deploying Renewables : Best and Future Policy Practice
Transport • addressing concerns about the sustainability of current biofuels technologies; • tackling the barriers to the introduction of the advanced biofuels technologies. An additional challenge across all RE sectors is broadening the base of countries that are deploying RE technologies in an ambitious way. Up to now deployment of the newer RE technologies has been focused in countries which have been fossil fuel importers, and who have felt the need to diversify their energy resources, but which have also been able to afford to develop and deploy the technologies while the costs have been high.
LCOE are very sensitive to delays in construction, because early revenues count most in calculating project returns. A project delay of one year translates into an increase of LCOE on the order of 5-10% (BNEF, 2010a). The further maturation of the market, especially learning-by-doing effects regarding deployment and increased competition along the offshore value chain, promise future cost reductions. Given the ambitious deployment plans of governments in the United Kingdom and Germany, however, increased demand may be reflected in continuously high prices, similar to what was observed in solar PV between 2000 and 2005.
An additional challenge across all RE sectors is broadening the base of countries that are deploying RE technologies in an ambitious way. Up to now deployment of the newer RE technologies has been focused in countries which have been fossil fuel importers, and who have felt the need to diversify their energy resources, but which have also been able to afford to develop and deploy the technologies while the costs have been high. 6 Expanding RE deployment Energy dependence Rising fossil fuel prices Fossil fuel importers Low GDP Fossil fuel importers High GDP RE cost reductions Fossil fuel exporters Low GDP Fossil fuel exporters High GDP GDP/capita Fossil fuel exporting countries, as well as emerging and developing economies are becoming more likely to deploy renewables.
Deploying Renewables : Best and Future Policy Practice by OECD Publishing; International Energy Agency
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