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The project is structured in 8 work packages
(WP). In more detail these actions are:
WP 1 – Dynamics of cost curves: The aim of this package is to analysis the dynamics of cost curves (= potential and costs) for the different RES-E technologies, for conventional electricity and CHP generation, and the most important demand-side activities for electricity applications in various EU countries. In addition, potential and costs for GHG reduction will be investigated for the electricity sector.
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WP 2 Impact of decision makers (Decision making by stakeholders): The major objective is to understand the relation between risks, required profits and project feasibility as seen and judged from the perspective of different stakeholders involved in the decision making process for new investments. These understandings will be translated for the dynamic market model into rules and approaches which (i) promote the growth of renewable energy, (ii) provide stable market conditions and (ii) take into account the position of various stakeholders.
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WP 3 Impact of Policies (Evaluation of promotion strategies and barriers): The objective of this work package is to identify and evaluate the appropriate policy instruments in place in EU Member States. These seek to (a) promote RES-E, (b) support a more rational use of electricity (industry, household and tertiary sectors), (c) regulate conventional electricity production, and (d) control GHG emissions (taxes, emissions trading etc.).
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WP 4 Trade-offs: The objectives of this work package are to analyse the various interactions of different types of policy instruments and market conditions, society restrictions, stakeholder behaviour in a dynamic way, and the linkage of RES-E, CHP, conventional electricity generation and GHG-reduction, and to evaluate how new environmental markets, such as CO2 emission permits/credits, may affect or overlap with the promotion of CHP and/or RES-E. In addition, the theoretical framework for the toolbox Green-X will be derived.
WP 5 – Development of the toolbox Green-X: The toolbox will be developed, based on the formal framework, on the dynamic cost curves and on the determination of various promotion schemes gained in previous packages. The core element of this tool is the computer model aiming to maximise societal benefit for the EU. This would allow a comparative, quantitative analysis of interactions between RES-E, conventional electricity and CHP generation, demand-side activities and GHG-reduction in the electricity sector, both within the EU as a whole and its Member States. The interactive dynamic simulation model would be developed on basis of the existing static computer model ElGreen, developed for a previous EU project. In addition, a comprehensive database for various cost curves and CO2 reduction costs in the electricity sector (initiated in WP1) will be created and integrated within the new model.
WP 6 – Recommendations for dynamic policies: Results and recommendations will be derived based on various simulations using the toolbox Green-X and insights gained from the formal assessment model and the evaluation of current promotion schemes. The objective of this phase would be to integrate and update the results from the previous work packages and to extract dynamic policy recommendations for a European-wide enhanced introduction of RES for electricity generation, more efficient use of electricity included linkage to conventional electricity and GHG reduction measures. The Action Plan will help policy makers find a set of efficient and sustainable policies to integrate RES-E with other EU-related objectives, such as energy efficiency and climate change abatement over time, and to help various stakeholders derive an economically efficient portfolio strategy in a liberalised electricity market under the constraints of RES-E development and GHG reduction.
Green-X |
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