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Economics

Study Notes

Policies to encourage Renewable Energy

Level:
GCSE, AS, A Level, IB
Board:
AQA, Edexcel, OCR, IB, Eduqas, WJEC

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

Renewable energy in the UK
Renewable Energy 101

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)
California issues mandate requiring new homes to install solar panels
California's Plan to Get to 100 Percent Clean Energy

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