The global energy system faces urgent challenges. Concerns about energy security are growing, as highlighted by the recent political turmoil in Northern Africa and the nuclear incident in Fukushima. At the same time, the need to respond to climate change is more critical than ever. Against this background, many governments have increased efforts to promote deployment of renewable energy – low-carbon sources that can strengthen energy security. This has stimulated unprecedented rise in deployment, and renewables are now the fastest
growing sector of the energy mix.
This “coming of age” of renewable energy also brings challenges. Growth is focused on a few of the available technologies, and rapid deployment is confined to a relatively small number of countries. In more advanced markets, managing support costs and system integration of large shares of renewable energy in a time of economic weakness and budget austerity has sparked vigorous political debate.
The IEA’s new report, Deploying Renewables 2011: Best and Future Policy Practice:
· Provides a comprehensive review and analysis of renewable energy policy and market trends;
· Analyses in detail the dynamics of deployment and provides best-practice policy principles for different stages of market maturity;
· Assesses the impact and cost-effectiveness of support policies using new methodological tools and indicators;
· Investigates the strategic reasons underpinning the pursuit of RE deployment by different countries and the prospects for globalisation of RE.
This new book builds on and extends a 2008 IEA publication, drawing on recent policy and deployment experience world-wide. It provides guidance for policy makers and other stakeholders to avoid past mistakes, overcome new challenges and reap the benefits of deploying renewables – today and tomorrow.
Author(s): OECD Publishing; International Energy Agency
Publisher: OECD Publishing
Year: 2011
Language: English
Commentary: Category: Engineering, Environmental Studies, Economics, Engineering: Mechanical | LCCN: TJ808 .D469 2012 | Dewey: 333.794
Pages: 186
Tags: Global energy Renewable sources Government policy Law and legislation
Deploying Renewables 2011
Foreword
Acknowledgements
Table of Contents
Executive Summary
Background
Market developments
RE competitiveness and economic support
Policy indicators
Policy principles and priorities
Key challenges
Recommendations
Chapter 1 - Introduction
Background
Context
Progress
Novel challenges
This publication
Chapter 2 - Market Development for RE technologies
Technology portfolio
Deployment and cost trends: electricity
General deployment trends
Regional deployment trends
Cost trends and scope for improvement
Deployment and cost trends: heat
General and regional deployment trends
Cost trends and scope for improvement
Deployment and cost trends: transport
General and regional deployment trends
Cost trends and scope for improvement
Recent global investment trends
Current trends and the IEA WEO 450 Scenario
RE technologies within the WEO 2010 450 Scenario
Electricity
Heat
Transport
Opportunities for expanding deployment
Key challenges
Electricity
Heat
Transport
Priorities
Chapter 3 - Policies for Deploying Renewables
Introduction
Renewable energy: drivers and benefits
Energy security
Reduction of CO2 emissions and environmental impacts
Economic development
Innovation and industrial development
Mapping policy drivers: the energy security/GDP matrix
Barriers to RE technology deployment
Non-economic barriers
Barriers in the electricity sector
Barriers in the heat sector
Barriers in the transport sector
Tackling economic barriers to deployment
Why provide economic support for technologies?
Objectives of economic support policies
Support policy options for the electricity sector
Support policy options for the heat sector
Support policy options for the transport sector
Tackling non-economic barriers
The price of policy risks: empirical evidence
The deployment journey
Stages on the journey
Developing a national market
Overarching policy requirements
Market inception
Take-off
Market consolidation
Market design
Chapter 4 - Economic Support Policies for Electricity:Impact and Cost-Effectiveness Indicators
Methodological approach
Regional and technology coverage
Policy impact indicator (PII)
Remuneration adequacy indicator (RAI)
Total cost indicator (TCI)
Indicator analysis for onshore wind
Policy impact indicator
Remuneration adequacy indicator
Remuneration adequacy versus impact analysis
Indicator analysis for solar PV
Policy impact indicator
Remuneration adequacy indicator
Remuneration adequacy versus impact analysis
Total cost indicator
Conclusions about electricity support policy tools
Chapter 5 - Going Global
Market trends
Renewable electricity
Renewable heat
Renewable transport
Regional investment trends
Policies
General trends
Policy developments by region
Accelerating deployment in a broader range of countries
Role of international co-operation
Sharing costs
Sharing experience
Facilitating global deployment expansion
Chapter 6 - Conclusions and Recommendations
Market developments
RE competitiveness and economic support
Policy indicators
Policy principles and priorities
Inception
Take-off
Consolidation
Key challenges
Electricity
Heat
Transport
Recommendations
Governments already taking steps to deploy renewables should:
Governments not yet committed to large-scale RE deployment should:
Governments and international organisations should:
Next steps
Annex A - Definitions, abbreviations, acronyms and units
Annex B - Reference
