Economics
Study Notes
Policies to encourage Renewable Energy
- Level:
- GCSE, AS, A Level, IB
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
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:
- Minimum carbon price floor for emissions trading
- Feed in tariff schemes for solar and biomass
- Regulating emissions limits for power plants
- Relaxation of planning restrictions for onshore wind farms
- Interest-free loans for purchase of renewable energy equipment
- 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 (@WorldBank) 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
-
4
Synoptic Revision Mats
Resource Collection
You might also like
Unintended consequences of the rise in solar power
3rd May 2018
Consumers are paying too much for energy
27th October 2017
The End Game for Fossil Fuels
3rd October 2017
Offshore renewable energy tumbles in price
11th September 2017
Comparative Advantage - Tunisia exports solar power to Europe
8th September 2017
Grimsby - The Renewable Capital of Britain
7th February 2016
Renewable Energy and Global Economic Growth
17th January 2016
Recommended

Exam support for 2022
Online Grade Booster Courses for A-Level Exams in May & June 2022
Exam technique, advance information support, live revision and more from the tutor2u subject specialist teams