1 / 18

Global Expansion of Renewable Energy Generation: An Evaluation of Policy Instruments

Global Expansion of Renewable Energy Generation: An Evaluation of Policy Instruments. Sanya Carley USAEE Conference July, 2013. Policy Effectiveness. FIT: provides certainty to investors Previous studies find effect on renewable energy development, particularly solar

snana
Download Presentation

Global Expansion of Renewable Energy Generation: An Evaluation of Policy Instruments

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Global Expansion of Renewable Energy Generation: An Evaluation of Policy Instruments Sanya Carley USAEE Conference July, 2013

  2. Policy Effectiveness • FIT: provides certainty to investors • Previous studies find effect on renewable energy development, particularly solar • RPS: direct regulation • Previous studies demonstrate mixed results • Relative effectiveness? • All such studies limited to EU or US

  3. Research Overview • Research Questions: Which factors explain RE deployment across a wide variety of country contexts? Are energy policies an important factor? • Methodological Approach: Fixed effects model with sample of countries (165) between 1990 and 2010 (n= 2,896); robust standard errors.

  4. Variables • Dependent variables: Renewable energy generation, including and excluding hydro; % of renewable energy generation, including and excluding hydro • Policy variables: RPS, FIT, subsidies, framework laws • Control variables: political factors, macro-economic factors, energy market factors

  5. Implications • Renewable portfolio standards and feed-in tariffs are drivers of renewable energy but only statistical significant when supported by framework laws • When considering entire range of countries in sample, this distinction is important • Subsidies play an important supporting role for renewable energy development • These policies drive both hydro and non-hydro renewable energy • Non-policy factors are very important as well: political freedom, country wealth, energy resources

  6. Questions? Contact Information: Sanya Carley Assistant Professor School of Public and Environmental Affairs, Indiana University scarley@indiana.edu 812-856-0920 Collaborators: Elizabeth Baldwin, Lauren MacLean, Jennifer Brass

More Related