The 14 principles presented in this website were drafted during the winter 2012-13 by a group of internationally renowned renewable electricity policy and market experts from different European countries and the US. The aim is to provide policy makers and interested stakeholders with a set of consensual principles for designing future remuneration schemes that will provide an effective, efficient and societally acceptable framework for renewable electricity (RES-E) investment in the coming decade.
You can browse the 14 principles using the menu above or you can download the entire document here. The 14 principles have been presented in a public event in Brussels on 16 April 2013. Here some feedback from there:
Hans van Steen, Head of Unit Renewables and CCS, DG Energy, European Commission: “The timing of the launch of this new initiative is excellent. The 14 principles for remuneration of renewables post-2020 are a useful input, not only to the debate launched some weeks ago by the Commission´s Green Paper on the post 2020 energy and climate framework, but also for our current work on providing guidance for Member States on support schemes for renewables.”
Jean-Michel Glachant, Director, Florence School of Regulation: “People willing to reach in 2030 an ambitious volume of renewables have to think twice. It won’t be easily got. It requires both a big public push and a very astute implementation scheme. Hence at least these 14 principles…”
Josche Muth, Secretary General, European Renewable Energy Council: “In times where access to capital becomes increasingly difficult the question arises how to attract the urgently needed investments into renewables. That 12 market and policy experts could agree on 14 key principles for the design of incentive schemes was probably not only a tremendous effort, but clearly shows lessons can be learnt and that a move to greater convergence is reality. Though you had invited EREC to the launch event as a disputant you can consider EREC as a supporter. The result is useful not least in the on-going discussions on the design and reform of support mechanism. And I can tell you that, whatever the model is, what is most important for investors is predictability and stability – this needs to be guaranteed.”