Transcript Folie 1 - GoiEner

EREF
European Renewable Energies Federation
Chain Reaction ‐ The spread of retrospective measures
on support for renewable energy in the EU MS
Maelle Pelisson
EREF Policy Adviser
4 December 2013 - Brussels
EREF
European Renewable Energies Federation
The EU RES framework, a stable policy
The 2009 RES Directive established a stable European policy framework
RES share in 2012 = 13%
Most Member States on track
In 2012, 1.2 millions people,working in the RES industry
RES industry contributes to 1% of the EU GDP
EREF
European Renewable Energies Federation
Implementation difficulties at national level
Increase of retrospective measures to national RES support scheme.
European economic crisis and the perception that RES is expensive
Tariff deficits created by regulated prices and RES being blamed for
Unexpected cost reduction of RES technologies (i.e solar PV and wind)
Support schemes designed in a inflexible way
EREF
European Renewable Energies Federation
Chain reaction: retrospective, retroactive
changes and moratorium in Europe
Retrospective
Retroactive
Moratorium
Bulgaria
July 2012- 54% retrospective cut to RES FiT, applying
to existing installation. Followed by an additional 39%
cut for PV projects.
Spain
2012
– new
access payment between
2012- retrospectiveSeptember
7% flat rate
tax on
grossgrid
revenues
of electricity sales 5-40% for RES installations only
the government
is proposing an additional
February 2013 – Currently
series of –retrospective
measures
20%
RES for
project
reducing support of
REStax
(i.eon-37%
the CSP sector)
July 2013- retroactive measure limiting to 7% the
return on investments of RES projects
Investors
Greece
confidence
November 2012- levy from 10-30% for PV,
wind, small hydro and biomass installations
October 2013 – New levy for RES proposed by
the Government
EREF
European Renewable Energies Federation
What are the consequences for RES sector?
Retrospective
changes
Increased capital
cost = RES
more esxpensive
Change of
expected
revenue stream
Higher interest
rates from banks
Bankrupcy of
RES projects
RES = risky
investment
EREF
European Renewable Energies Federation
The support of the European Commission
against retrospective changes
The European Commission has always strongly and openly criticized
retroactive and retrospective changes.
-
Official letters to the Spanish and Czech Governments were sent by
Commissioners Oettinger and Hedegaard
-
An infringement procedure has been considered against Bulgaria
Commission communication package on State interventions in the
electricity sector (November 2013)
- Give guidance to national governments on how to design their national
support schemes to avoid such situations
EREF
Policy recommendations
European Renewable Energies Federation
1.
2.
3.
4.
Create and implement a predictable and stable legislative
framework for renewables at national level
Respect the commitments taken in the NREAP as much as
possible or notify changes to the Commission
Provide for some flexibility in the renewable energy support
schemes
Include the renewable industry in discussions about changes to
support schemes to find together alternative solutions to the
problems identified
Good examples and best practices
Germany
FiT with disgression of FiT rates
Portugal
Intense negotiations leading to voluntary
agreement with 100% of eligible power
EREF
European Renewable Energies Federation
For detailed information,
please consult our regularly updated
Keep-on-Track! Policy paper on:
http://keepontrack.eu/publications/
EREF
European Renewable Energies Federation
Thanks for your attention!