The main focus of this course is on the introduction, characterisation and analysis of renewable energy support schemes and instruments.
A variety of promotion strategies for renewable energy sources in the electricity sector (RES-E) have been implemented in EU Member States. The main ones are price-based feed-in tariffs or premiums and quantity-based quota systems using tradable green certificates. Much work has been devoted to the motivation for and evaluation of these instruments, mostly in the form of country/local case studies, model simulations, or econometric modeling. The main drivers behind these policies are addressing the externalities of the environmentally harmful emissions of electricity generation and stimulating technological innovation. The most frequently used evaluation criteria of policies are their effectiveness and economic efficiency.