Renewable Policy Analysis - March, 2012
This report includes policy updates on the major countries. There are around 14 news stories covered in the report, of which following two articles are covered in detail.
Germany Plans to Severely Cut Solar PV FiT; Move Could Reverse Industry’s Current Growth Trend
Germany recently announced severe cuts to solar PV feed-in-tariffs (FiT) to tackle the sudden surge in solar PV installations, and is finalizing new policies to be effective as early as they are finalized.
On February 23 2012, environmental minister Norbert Rottgen proposed more frequent re-assesments and downscaling of existing FiT, while the federal minister of economics Philipp Roslerand suggested some kind of hard cap on annual installations, as low as 1 GW annually or even lower. In a recent development, the German government decided in the first week of March to postpone the new FiT for solar PV. The new FiT plan is yet to officially ratify by the German government, but some industry experts believe that the ratified version could be less strict than the one that is currently being proposed.
Post-Fukushima: Renewables are Moving Forward to Play a Bigger Role in the Electricity Generation Mix in Coming Decades
The electricity generation mix is changing after Fukushima, favoring a bigger role for renewable energy sources in Japan. The Fukushima disaster had created pessimism about nuclear power, which was contributing approximately 25% of electricity generation and was an affordable and important source of energy security for the country. Nuclear power was planned to contribute over 50% of total electricity supply in the energy policy of the country by 2030 before the Fukushima accident. However, the Fukushima accident changed the planned dynamics of the electricity generation mix. Renewable energy sources are observing a rapid paradigm shift in their development after the catastrophic Fukushima nuclear reactor accident, in order to fill the void created by the nuclear power. Policymakers now see a greater role for renewable energy sources in the electricity generation mix of the country, and passed a new law in August 2011 implementing a Feed-in Tariff (FiT) for renewable energy, which will be applicable from July 1, 2012. The increased penetration of renewables will help the country and provide new job opportunities.
Its scope includes -
- Featured Articles: Analytical articles related to the impact of major policies on the renewable energy market.
- Germany Plans to Severely Cut Solar PV FiT; Move Could Reverse Industry’s Current Growth Trend
- This includes analysis on Germany has taken a such steps, and how the government’s decision can slow down the solar PV market in the country.
- Post-Fukushima: Renewables are Moving Forward to Play a Bigger Role in the Electricity Generation Mix in Coming Decades
- This includes the analysis on – why pre-Fukushima nuclear energy was the priority
- How renewable energy role is changing post –Fukushima accident.
- Future outlook of renewable energy in Japan
Reasons to buy
- The report provides in depth study of the major renewable policy developments across the globe.
- It gives regulatory and other associated updates for the global renewable energy market which can help the individual/company to frame their business strategies while minimizing regulatory risks.
- It covers two featured articles " Spain: Drop in Feed in Tariff (FiT) Could Derail Renewable Growth" and " Post-Fukushima: Renewables are Moving Forward to Play a Bigger Role in the Electricity Generation Mix in Coming Decades".