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Renewable Energy Regulation: Feed-in Tariff Schemes under Recession Conditions?

Theodoros Iliopoulos


The EU Member States have developed numerous models for promoting renewable energy, in accordance with the EU policy objectives. The most widespread model is the feed-in tariff policy. Feed-in tariffs encourage investments and lead to rapid renewable energy development and economic growth. Nevertheless, feed-in tariffs require intense regulatory interventions and lead to more expensive energy to the detriment of final consumers. Hence, feed-in tariffs schemes do not seem to be efficient; they also put significant regulatory burdens to the authorities. The discussions about the efficiency of the feed-in tariff schemes have been intensified since 2008 and the financial crisis. Several EU Member States were forced to modify their national schemes in order to warrant their viability. At the same time, there has been a general trend towards developing market-oriented support schemes. These developments are associated with the issues of Europeanisation and centralisation.

Theodoros Iliopoulos holds an LL.M in European Union Law from the University of Athens as well as an LL.M in Law and Economics from the Utrecht University.

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