objectives

Favouring the Convergence of the Renewable Energy Support after the Directive 01/77/CE

Designed by IEFE updated:24.07.2003

The objectives of FavoRES are:

to analyse the national markets of renewable energy sources in all EU Member States; the support schemes used to achieve the necessary scale economies, technological devel-opment and investors' confidence; the success stories in EU;

to evaluate the cost-effectiveness and efficiency of these national supports for the achievement of the goals of the Directive 01/77/EC, with special attention to the capability of new projects to raise financial means and to perform well on the capital market;

to consider the technological trajectories favoured by the different support approaches and their effects on the EU industry;

to identify the barriers to the achievement of the Directive goals and to propose how to overcome them;

to understand the effects of the competitive environment on the growth of RES pro-duction and the equipment industry;

to analyse the connection between the convergence of different support schemes to-wards a common approach and the creation of a single market for RES, the adoption of instruments like the Joint Implementation, the CDM, Emission Trading ;

to issue a proposal of a converging EU framework for RES support schemes accord-ing to the liberalisation of the EU energy market and future harmonisation of the national energy taxation system;

to supply a support to national and EU officials in designing the RES policy docu-ments required by the implementation of the Directive.