Topic: renewable energy

This report draws on projections from the “Energy Roadmap 2050” to assess whether the European Union is on track to reach its greenhouse gas (GHG), renewable energy, and energy efficiency targets. We find that the EU is on track to surpass its 2020 GHG reduction and renewable energy targets based on current policies, but that additional measures will be required to meet the 2020 energy-efficiency target and the 2050 GHG-reduction goal.

This paper examines the development of the solar PV and wind industries across China, Germany, India, Japan, and the United States from 2001–2011. It takes a unique, comparative approach to track the policies and incentives put in place by these key competitors, documents the state of play in each market, and determines what policy strategies seem to have been most successful to date. The analysis illustrates why these policies are so important to both installations and the stable growth of domestic manufacturing capacity.”

The Open Climate Network (OCN) is an independent, international partnership that tracks and reports on the progress of key countries on climate change. OCN analysis is prepared by partners around the world covering climate finance, mitigation policy, and clean technology.

The story of the Chinese wind power industry is remarkable. From a small number of demonstration projects at the beginning of the century, the Chinese wind power market has grown to become the world’s largest. At the end of 2010, it overtook the United States to become the leader in terms of cumulative installed capacity. Even though China used to import 80% of its wind energy equipment, domestic manufacturing has exploded since 2006 and now supplies more than 70% of the domestic market. In 2010, China’s wind power market attracted investments of RMB 89 billion (US$14 billion) and employed over 150,000 people.

This brief describes a number of policy tools that can be employed to drive investment in renewable energy technologies and discusses which policy options may be the best fit based on the commercial maturity of a targeted technology.