Study Notes

Policies to encourage Renewable Energy

Last updated 3 Jul 2020

Here is a summary of interventions / strategies to encourage an expansion in the supply-side capacity of the UK renewable energy industry.

Policies include:

1. Minimum carbon price floor for emissions trading
2. Feed in tariff schemes for solar and biomass
3. Regulating emissions limits for power plants
4. Relaxation of planning restrictions for onshore wind farms
5. Interest-free loans for purchase of renewable energy equipment
6. Regulations requiring new homes to have solar panels installed (introduced in California in 2018)

Good news 🔆: Innovation and economies of scale have cut the cost of solar power by 85% since 2009 and costs are expected to continue dropping, by up to 66% by 2040. https://t.co/PVctlpHIKP #OnePlanet pic.twitter.com/WJTPVhnw0t

— World Bank Group (@WorldBankGroup) December 10, 2017

Smart grids for East Africa. Ethiopia, Kenya, Rwanda, and Uganda have all shown interest in this latest technology that integrates electricity from all a country's sources (solar, hydro, wind, etc.), moves where needed, cutting waste and avoiding outages. https://t.co/RZixmqzcCM pic.twitter.com/8bbIGz51ef

— James Hall (@hallaboutafrica) March 29, 2018

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