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Chapter 11 - Policy, Financing and Implementation
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- By Catherine Mitchell, Janet L. Sawin, Govind R. Pokharel, Daniel Kammen, Zhongying Wang, Solomone Fifita, Mark Jaccard, Ole Langniss, Hugo Lucas, Alain Nadai, Ramiro Trujillo Blanco, Eric Usher, Aviel Verbruggen, Rolf Wüstenhagen, Kaoru Yamaguchi, Douglas Arent, Greg Arrowsmith, Morgan Bazilian, Lori Bird, Thomas Boermans, Alex Bowen, Sylvia Breukers, Thomas Bruckner, Sebastian Busch, Elisabeth Clemens, Peter Connor, Felix Creutzig, Peter Droege, Karin Ericsson, Chris Greacen, Renata Grisoli, Erik Haites, Kirsty Hamilton, Jochen Harnisch, Cameron Hepburn, Suzanne Hunt, Matthias Kalkuhl, Heleen de Koninck, Patrick Lamers, Birger Madsen, Gregory Nemet, Lars J. Nilsson, Supachai Panitchpakdi, David Popp, Anis Radzi, Gustav Resch, Sven Schimschar, Kristin Seyboth, Sergio Trindade, Bernhard Truffer, Sarah Truitt, Dan van der Horst, Saskia Vermeylen, Charles Wilson, Ryan Wiser, David de Jager, Antonina Ivanova Boncheva
- Edited by Ottmar Edenhofer, Ramón Pichs-Madruga, Youba Sokona, Kristin Seyboth, Susanne Kadner, Timm Zwickel, Patrick Eickemeier, Gerrit Hansen, Steffen Schlömer, Christoph von Stechow, Patrick Matschoss
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- Book:
- Renewable Energy Sources and Climate Change Mitigation
- Published online:
- 05 December 2011
- Print publication:
- 21 November 2011, pp 865-950
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- Chapter
- Export citation
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Summary
Executive Summary
Renewable energy can provide a host of benefits to society. In addition to the reduction of carbon dioxide (CO2) emissions, governments have enacted renewable energy (RE) policies to meet a number of objectives including the creation of local environmental and health benefits; facilitation of energy access, particularly for rural areas; advancement of energy security goals by diversifying the portfolio of energy technologies and resources; and improving social and economic development through potential employment opportunities. Energy access and social and economic development have been the primary drivers in developing countries whereas ensuring a secure energy supply and environmental concerns have been most important in developed countries.
An increasing number and variety of RE policies–motivated by a variety of factors–have driven substantial growth of RE technologies in recent years. Government policies have played a crucial role in accelerating the deployment of RE technologies. At the same time, not all RE policies have proven effective and efficient in rapidly or substantially increasing RE deployment. The focus of policies is broadening from a concentration almost entirely on RE electricity to include RE heating and cooling and transportation.
RE policies have promoted an increase in RE capacity installations by helping to overcome various barriers. Barriers specific to RE policymaking (e.g., a lack of information and awareness), to implementation (e.g., a lack of an educated and trained workforce to match developing RE technologies) and to financing (e.g., market failures) may further impede deployment of RE.