Promoting renewable energy sources for heating and cooling in EU-27 countries

By José M. Cansino, María del Pópulo Pablo-Romero, Rocío Román, R. Yñiguez. 2011

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In addition to public policies aimed at improving the energy efficiency of buildings, EU authorities have also promoted the use of Renewable Energy Sources for heating and cooling uses (RES H&C). This paper analyses the main policy measures implemented in EU-27 countries up to 2009: i.e. subsidies, tax incentives, financial support and feed-in tariffs. Twenty-three Member States (MSs) have developed some of these policy measures. The most widespread measure is the subsidy (22 MSs have implemented these) because from a political point of view, subsidies provide a straightforward approach to promote the use of RES H&C. Secondly, tax incentives have been used for reducing investment costs and making renewable energy profitable. Thirdly, financial incentives and feed-in tariffs have been used sparingly. While financial incentives might be used more extensively for promoting RES H&C if they are accompanied by other policy measures, feed-in tariffs are not likely to be implemented significantly in the future because this measure is not designed for household heat producers.

Subfields: Economics and Econometrics, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/f3f4673cf9fdaec8fca8e9abf1451a01d4e3fe7d

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