Deriving optimal promotion strategies to increase the share of RES-E in a dynamic European electricity market

Abstract

Currently no reliable dynamic promotion strategies exist, neither for a significant increase of RES-E, nor for an integration of RES-E into strategies for GHG-emissions reduction. The core objective is to achieve a continuous and significant increase in the share of RES-E with minimal costs to European citizen under various scenarios of liberalised electricity markets. This objective will be reached by creating the internet-based toolbox GREEN-X. It allows the extraction of minimum cost strategies (e.g. Tics, Feed-in tariffs, Green Pricing, emissions trading, CO2-taxes). The dynamics of costs and potentials for RES-E, CHP, conv. el. gen. and demand-side activities are considered. The main results will be: (i) a dynamic action plan for the EU as a whole and their Member States to meet this core objective, (ii) to help various stakeholders in deriving efficient strategies. Comprehensive dissemination activities will accomplish the work in this project.