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Europe Renewable Energy Policy Handbook 2017

  • May 2017
  • 227 pages
  • ID: 254459
In this report:
Fuel wood or biomass with an annual production exceeding ## toe per year for all other recipients (public or private)
The cumulative installed capacity of solar PV systems increased from ##.## MW in 2001 to ##.## GW in 2016, and is expected to reach ##.## GW in 2025 - registering a CAGR of ##.##% during the 2016-2025 forecast period.

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Europe Renewable Energy Policy Handbook 2017

Brief

Renewable energy represents a achievable solution to two main overall issues: overall warming and diminishing fossil fuel reserves. It is sustainable and clean, generally emitting no or very little carbon dioxide and these factors have led main countries to shift their focus toward the development of renewable energy policy. Renewable energy has the plausible to boost the overall economy. However, the most crucial challenge in the deployment of renewable energy is that it is more expensive than conventional fuels. In order to make renewable energy ambitious, it is essential for governments to provide support in the form of favorable policies and incentives.

Europe (EU) is the region with the most number of countries actively promoting the development of renewable power capacity. All European Union member countries have targets designated by the EU in order for the EU to comply with worldwide emission norms. To achieve this, each country has its own National renewable Energy Action Plan which, among other things, includes a target to increase renewable energy generation in order to reduce emissions.

Feed-in Tariffs, tax incentives, and grants are the most common supportive measures used in the region to promote the uptake of renewable energy. Eighteen of the twenty six countries have both tax exemption and grants for renewable energy. Grants are given at distinct levels of the value chain to promote increase with research, development, and demonstration projects being the most likely recipients, as these are the most risky and hence deemed more deserving.

FITs have played a main role in developing renewable energy in EU. This is evident from the case of Spain where renewable energy installations skyrocketed during 2007-2008, due to the introduction of a very generous FIT in early 2007. Once the government realized the unsustainable nature of the tariffs and reduced them, the installation dramatically fell to almost zero in 2009. With adjusted FITs, a moderate amount of annual addition continued till 2013 after which the country completely removed FITs leading to annual additions falling to less than 10 MW in 2014 and 2015. With no announced plans to reintroduce FITs, the outlook for solar and other renewable technologies in Spain (ES) is bleak.

Tax incentives are also provided to contenders from various parts of the renewable energy value chain. Manufacturers and plant owners are the usual recipients of different types of tax incentives including a reduced or exempted Value Added Tax on purchase of components related to improvement or transformation of energy systems. Individuals investing in renewable energy funds and individuals installing residential renewable energy for home consumption are also given tax incentives in some countries.

The study "Europe Renewable Energy Policy Handbook 2017" affords exhaustive information on main policies governing renewable energy market in the region.

In depth, this industry report enables to access the following -

- Offers the current and future renewable energy targets and plans together with the present policy framework, giving a fair idea of global growth potential of the renewable energy industry.

- Offers main technology particular policies and incentives provided in the region.

- Contains policy measures and incentives used by Europe (EU) to promote renewable energy.

- Details promotional measures in EU both for the global renewable energy industry and for particular renewable energy technologies that have thinkable in the region.

- Helps to identify possibilities and challenges in exploiting several renewable technologies.

- Helps in developing business strategies with the help of particular insights about policy decisions being taken for distinct renewable energy sources.

Overview

- The analysis includes policy measures and incentives used by Europe (EU) to promote renewable energy.

- The report details promotional measures in EU both for the global renewable energy industry and for particular renewable energy technologies that have plausible in the region.

Great reasons to purchase

The market research will enhance your decision making capability in a more quick and time sensitive manner. It will allow you to -

- Develop strategic management with the help of particular insights about policy decisions being taken for various renewable energy sources.

- Identify alternatives and challenges in exploiting different renewable technologies.

- Compare the level of support provided to distinct renewable energy technologies in Europe (EU).

- Be ahead of competition by keeping yourself abreast of all the recent policy changes.

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