Wednesday, January 18, 2006

The effect of incentives and uncertainty in renewable energy policy

Three separate papers recently published by Paolo Agnolucci, of the UK PSI, look at different aspects of renewable energy policy in England and Wales, Denmark and Germany.

Agnolucci shows how the English and Welsh Non-Fossil Fuel Obligation has actually had many negative effects on attempts to develop renewable energy; the lessons that can be learned from recent policy changes in Denmark; and the role of uncertainty and relatively low incentives in Germany.

More information on these three papers can be found on Paolo's
PSI web page:

About PSI

PSI (the Policy Studies Institute) is an independent subsidiary of the University of Westminster. It undertakes and publishes research studies relevant to social, economic and industrial policy.

The Institute is a charity, run on a not-for-profit basis and takes a politically neutral stance on issues of public policy, having no connections with any political party, commercial interest or pressure group. Its income is derived from funds for individual research projects received from a variety of sources.

PSI's researchers are organised in three multi-disciplinary research groups: the Employment Group, the Environment Group and the Social Policy Group and it collaborates with other leading research institutes, think tanks and academic departments. PSI undertakes research only on the understanding that the results will be made public - however uncomfortable the findings may be to any established interests.

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All views expressed here, unless otherwise stated, are my own.

John Cockaday