Means to promote renewable energy in a market with uncertainty and risk

Afdelingen for Systemanalyse
The project highlighted markets and instruments aimed at promoting renewable energy in Denmark, the EU and internationally, while also identifying key risks and uncertainties related to renewable energy technologies.
Project description

The instruments best suited to limit the risks that may block further promotion of renewable energy will be identified through collection of data concerning significant risks of projects involving renewable energy and analysing their impact in combination with political and market instruments.

Results

Technologically, the key uncertainty parameters for renewable energy were identified and, where possible, quantified. The project used wind power as its case to analyse the liberalisation of the Danish electricity market and its significance for expanding the wind turbine segment. National subsidy schemes for renewable energy can be enlarged to become regional and cover several EU member states. Conditions on existing electricity markets in such countries may be pivotal to successful renewable energy expansion.

Key figures

Period:
2005 - 2008
Funding year:
2004
Own financial contribution:
0.84 mio. DKK
Grant:
1.70 mio. DKK
Funding rate:
67 %
Project budget:
2.54 mio. DKK

Category

Oprindelig title
Virkemidler til fremme af vedvarende energi i et marked med usikkerhed og risiko
Programme
Innovationsfonden
Technology
Other
Case no.
ENMI 2104-04-0015

Participants

Danmarks Tekniske Universitet (DTU) (Main Responsible)
Partners and economy
Partner Subsidy Auto financing
KORA, Det Nationale Institut for Kommuners og Regioners Analyse og Forskning

Contact

Kontakperson
Morthorst, Poul Erik
Comtact information
Danmarks Tekniske Universitet. Risø Nationallaboratoriet for Bæredygtig Energi (Risø DTU). Afdelingen for Systemanalyse
P.O. Box 49
DK-4000 Roskilde, Denmark
www.risoe.dtu.dk
Morthorst, Poul Erik (forskningsspecialist), 46775106, pemo@risoe.dtu.dk
Øvr. Partnere: Amternes og Kommunernes Forskningsinstitut
Contact email
pemo@risoe.dtu.dk

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