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Shaping an effective and efficient European renewable energy market (RE-Shaping)

RE-Shaping aims to analyze, improve, and integrate renewable energy policies within the European energy market to boost efficiency and effectiveness. Stakeholder involvement, quantitative analysis, and best practice criteria define the project’s methodology.

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Shaping an effective and efficient European renewable energy market (RE-Shaping)

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  1. Shaping an effective and efficient European renewable energy market (RE-Shaping)

  2. Shaping an effective and efficient European renewable energy market RE-Shaping Objectives: Derivation of effective and efficient policies supporting renewable energies in a liberalised European energy market and assisting EU Member States in the implementation of the RES Directive for 2020. Project's website: www.reshaping-res-policy.eu / Geographical coverage: EU-27

  3. Policy needs: Monitoring of existing support instruments for RES and modelling of main policy alternatives is crucial for the future policy development. • Unbiased and scientifically robust analysis is needed in a sometimes controversial discussion on the optimal support strategy. • Target group:National and European policy makers, renewable branch organisations, RES generators, energy consumers and suppliers • Who benefits? • National and European policy makers gaining critical insight into the success and potentials for improvement of their support systems. • European energy consumers will benefit due to lower prices and higher RES deployment.

  4. Objectives: • Analyse the effectiveness and the efficiency of current and future RES support schemes. • Identify current best practices and assess (future) costs of RES and the corresponding support necessary to initiate stable growth. • Analyse and promote better integration of RES policies with climate & innovation policy and liberalised energy markets. • Analyse options for flexibility and cooperation between Member States. • The future deployment of RES in each MS is calculated based on the Green-X model to assist MS in implementing national action plans and to support a long term vision of the European RES policy. • Analyse the impact of policies on risks for RES financing and propose improved more risk-conscious policies.

  5. How? • Statistical analysis of historical data / development of quantitative indicators for success and failure of RES support schemes • Profitability analysis of investments in RES projects • Stakeholder consultation – internet based and by personal contacts • Analytical analysis of market and policy interactions • Quantitative analysis of the costs and benefits of present and future policy options based on the techno-economic model Green-X

  6. Expected results: • Clear empirical insights into the present success and failures to support RES in Europe on Member State level. • Quantitative results on the costs and benefits of future policy options such optimised national and coordinated policy options based on the techno-economic model Green-X. • Detailed definition of best practice criteria for renewable energy support schemes and policy integration. • Stakeholder involvement through in-depth expert talks with Member States officials and market actors. • Recommendations and action plan on optimisation of RES policy measures to support policy makers on European and national level.

  7. Shaping an effective and efficient European renewable energy market • RE-Shaping • Coordinator: • Dr. Mario Ragwitz • Fraunhofer Institute for Systems and Innovation Research(ISI) • Email: m.ragwitz@isi.fraunhofer.de • Phone: +49-721-6809-157 • Participants: • Fraunhofer Institute for Systems and Innovation Research (Fh-ISI), Germany • Energy Economics Group (EEG) at the TU Vienna, Austria • Ecofysb.v. (Ecofys), The Netherlands • Climate Policy Initiative, DIW Berlin (DIW), Germany • Lithuanian Energy Institute (LEI), Lithuania • Utrecht University, The Netherlands • EnergoBanking Advisory Ltd, Hungary • Bocconi University, Italy • KEMA, The Netherlands • Project's website: www.reshaping-res-policy.eu

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