GOVERNMENTAL SUPPORT MECHANISM OF THE RENEWABLE ENERGY IN GERMANY

German Energy transition could be considered to be one of the most challenging a widescaled reforms, quite capital-intensive, requiring a high level of scientific input, having an influence on other economic sectors and economic entities. Energy reform is intended to increase the energy security lev...

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Main Author: N. V. Kozaeva
Format: Article
Language:English
Published: MGIMO University Press 2016-06-01
Series:Vestnik MGIMO-Universiteta
Subjects:
Online Access:https://www.vestnik.mgimo.ru/jour/article/view/553
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author N. V. Kozaeva
author_facet N. V. Kozaeva
author_sort N. V. Kozaeva
collection DOAJ
description German Energy transition could be considered to be one of the most challenging a widescaled reforms, quite capital-intensive, requiring a high level of scientific input, having an influence on other economic sectors and economic entities. Energy reform is intended to increase the energy security level by increasing the share of renewables in its energy portfolio, environmental protection by decreasing the emission into the atmosphere and the level of energy consumption. Since 1990 the share of renewables in the whole energy sector and in electricity sector has been rising steadily. Governmental support, including direct finance, fiscal benefits and creating favorable market conditions for the sector has been expanding for renewable and declining for traditional energy. The costs for renewable energy are more transparent, during those for traditional energy are often hidden and indirectly charge the budget, can emerge later in form of subsequent costs of the climate. However, the system of support itself discloses its imperfection, when its implementation causes an opposite impact or contradiction between several instruments, which are actually aimed to solve one problem. Given the high strategic importance of the goals set, even an evident necessity to revise the mechanism of governmental support doesn't, however, mean that the government doubts the usefulness of the reform.
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spelling doaj-art-abeae6c3b5454dc6be8ef61f3c3edc6a2025-01-30T12:16:14ZengMGIMO University PressVestnik MGIMO-Universiteta2071-81602541-90992016-06-0103(48)22923810.24833/2071-8160-2016-3-48-229-238553GOVERNMENTAL SUPPORT MECHANISM OF THE RENEWABLE ENERGY IN GERMANYN. V. Kozaeva0Moscow State Institute of International Relations (University)German Energy transition could be considered to be one of the most challenging a widescaled reforms, quite capital-intensive, requiring a high level of scientific input, having an influence on other economic sectors and economic entities. Energy reform is intended to increase the energy security level by increasing the share of renewables in its energy portfolio, environmental protection by decreasing the emission into the atmosphere and the level of energy consumption. Since 1990 the share of renewables in the whole energy sector and in electricity sector has been rising steadily. Governmental support, including direct finance, fiscal benefits and creating favorable market conditions for the sector has been expanding for renewable and declining for traditional energy. The costs for renewable energy are more transparent, during those for traditional energy are often hidden and indirectly charge the budget, can emerge later in form of subsequent costs of the climate. However, the system of support itself discloses its imperfection, when its implementation causes an opposite impact or contradiction between several instruments, which are actually aimed to solve one problem. Given the high strategic importance of the goals set, even an evident necessity to revise the mechanism of governmental support doesn't, however, mean that the government doubts the usefulness of the reform.https://www.vestnik.mgimo.ru/jour/article/view/553energy transitionenergy reformrenewable energygovernmental supportpublic costs of electricitysupporting mechanism of renewable energyshortcomings of the supporting mechanism of renewable
spellingShingle N. V. Kozaeva
GOVERNMENTAL SUPPORT MECHANISM OF THE RENEWABLE ENERGY IN GERMANY
Vestnik MGIMO-Universiteta
energy transition
energy reform
renewable energy
governmental support
public costs of electricity
supporting mechanism of renewable energy
shortcomings of the supporting mechanism of renewable
title GOVERNMENTAL SUPPORT MECHANISM OF THE RENEWABLE ENERGY IN GERMANY
title_full GOVERNMENTAL SUPPORT MECHANISM OF THE RENEWABLE ENERGY IN GERMANY
title_fullStr GOVERNMENTAL SUPPORT MECHANISM OF THE RENEWABLE ENERGY IN GERMANY
title_full_unstemmed GOVERNMENTAL SUPPORT MECHANISM OF THE RENEWABLE ENERGY IN GERMANY
title_short GOVERNMENTAL SUPPORT MECHANISM OF THE RENEWABLE ENERGY IN GERMANY
title_sort governmental support mechanism of the renewable energy in germany
topic energy transition
energy reform
renewable energy
governmental support
public costs of electricity
supporting mechanism of renewable energy
shortcomings of the supporting mechanism of renewable
url https://www.vestnik.mgimo.ru/jour/article/view/553
work_keys_str_mv AT nvkozaeva governmentalsupportmechanismoftherenewableenergyingermany