EU Renewable Electricity Law and Policy

EU Renewable Electricity Law and Policy

  • Tim Maxian Rusche
Publisher:Cambridge University PressISBN 13: 9781316412176ISBN 10: 1316412172

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EU Renewable Electricity Law and Policy is written by Tim Maxian Rusche and published by Cambridge University Press. It's available with International Standard Book Number or ISBN identification 1316412172 (ISBN 10) and 9781316412176 (ISBN 13).

There are two basic policy tools for promoting renewable electricity: price regulation (feed-in tariffs) and quantity regulation (green certificates). In economic theory, they are equally efficient. Contrary to conventional thinking, the author demonstrates that under real-world conditions, price regulation is more efficient. EU law obliges Member States to put support schemes in place, but leaves their design to national authorities. They need, however, to comply with EU state aid and internal market rules, and their financing may not result in import duties and discriminatory taxation. This book provides a detailed analysis of the decisions practice adopted by the Commission and the case law of the Union Courts. As support schemes mature, has time not come for putting an end to regulatory competition? With huge efficiency gains to be expected, the author expertly examines the political obstacles and sets out three different pathways to achieve EU-wide harmonization.