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An impact analysis of the amended Renewable Energy Sources Act

Schmudlach, J.S. (2017) An impact analysis of the amended Renewable Energy Sources Act.

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Abstract:Countering the climate change and supporting environmental protection is a well committed task by the European Union and its Member States. Taking Germany as an example, it presents a successful growth of renewable energy sources (RES). In terms of deployment rates for photovol-taic technologies (PV), Germany has reached a top position among its European neighbours. The Renewable Energy Sources Act (EEG) is the legal basis and main driver to overcome the diffusion of renewable energy sources. The ‘Energiewende’ predicts a 40-45% share of green energy pro-duction until 2025. Not only the share of RES, but also competitiveness with fossil fuel in the long run is appointed. But is the stimulation of renewables a costly affair. The EEG has been amended multiple times to redefine the subsidy amounts. Within the last amendment, the regulatory in-struments experience a distinct shift. Using the design characteristics by Jenner et al. (2013), this research carries out an analysis of the likely impacts of the renewed legislation on the stimulating policy instruments. The major trade-offs between the legislations are presented. Given the topical-ity of the amendment at this point in time, likely effects of the impacts are suggested.
Item Type:Essay (Bachelor)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:86 law
Programme:Management Society and Technology BSc (56654)
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