Limitations of this work

The principles presented here are not intended to cover all of the issues related to this topic. They simply reflect a set of shared conclusions that our group agreed, during an intense but relatively short period of common reflection (October 2012 – March 2013).

Ensuring investment in renewable generation is absolutely essential, but certainly not a sufficient condition for achieving higher shares of renewables in the power sector. We are fully aware that in-vestment is needed also in other power system assets, including generation adequacy, the transmission and distribution systems and other sources of flexibility, notably flexible and responsive load. A coordinated and well-balanced development of all elements of the power system certainly requires other policy measures that are not tackled in the present principles.

We are also fully aware that climate and other energy policy goals cannot be reached without significant action covering also the heating and the transport sectors. These are not covered by the present principles.