Title: Renewable Energy Payment Policies
1Renewable Energy Payment Policies
Jennifer Gleason ELAW
2Renewable Energy Policies
- Quota System
- Sets the
- Utility production
- Price System
- Sets the
- Main Street production
3Elements of a Good REP
- Long term
- Profitable price
- Priority access
- Differentiated prices (resource, size, location,
etc) - Protection from inflation
- Decrease prices over time (cost reductions)
4Other Policies
- Net metering
- Tax Incentives
5Wind Energy Production
Area
Germany 357,030 km² US 8,154,157 km²
Oregon 255,026 km²
23 times larger, without Alaska
Installed Capacity (2006)
Germany 20,622 MW US
11,603 MW Oregon 817 MW
Stats American Wind Energy Assoc. http//www.awea
.org/newsroom/releases/Wind_Power_Capacity_012307.
html And German government http//www.german-ren
ewable-energy.com/Renewables/Navigation/Englisch/w
ind-power.html
Map credit Ryan Perroy, University of
California, Santa Barbara
6Photovoltaics Energy Production
Area
Germany 357,030 km² US 8,154,157 km²
23 times larger,
without Alaska
Installed Capacity (2007)
Germany 3,830 MW US 636
MW
Stats http//www.energy.eu/renewables/member-char
ts/photovoltaic-capacities.html http//www.renewab
leenergyworld.com/rea/news/infocus/story?id54026
Map credit Ryan Perroy, University of
California, Santa Barbara
7(No Transcript)
8 Comparisons between deployment support through
tradable quotas and feed-in tariff price supports
suggest that feed-in mechanisms achieve larger
deployment at lower costs. Stern, N.
(2007) The Economics of Climate Change - Stern
Review, Part IV Policy Responses for Mitigation,
Cambridge University Press, Cambridge, UK
9Contribution of renewable energy sources to
energy supply 2000 - 2007
10 11JOB CREATION IN GERMANY
12Additional Costs 1990-2030
Development of the estimated differential costs
and the additional EEG-Costs for households (per
person and month, basis 2007)
13Introduction of REPs in the U.S.
http//www.allianceforrenewableenergy.org/us-reps.
html
14http//www.onlinepact.org/
http//www.elaw.org/
http//www.allianceforrenewableenergy.org/