Energy Transitions by Olivier Labussière & Alain Nadaï

Author:Olivier Labussière & Alain Nadaï
Language: eng
Format: epub
Publisher: Springer International Publishing, Cham

As Capitalisation Grows, Milieux Evolve and Challenge Instruments

The effects of renewable energy policy instruments cannot be reduced to their economic and market dimensions, such as the multiplication of new kinds of transactions, increased investment in technologies that were previously financially unattractive, and growth in installed renewable energy generation capacities. Variables such as technologies, prices, installation costs, number of projects, and expected and accumulated installed capacities and electricity generation are used to monitor and calibrate such policy instruments, but give only a partial account of the transformation induced by policy support. The qualities of renewable energy projects that develop in the context of economic support also depend on the types of collectives that mobilise around them, their motivations for doing so; physical, geographical, and administrative constraints; the material and administrative organisation of existing energy infrastructure; the material and industrial characteristics of technologies, etc. As of today, dimensions such as the ambitions and objectives of projects, types of business models, and the territorial and political impacts of instruments are not systematically monitored. This is perhaps in part because they are harder (if not impossible) to assess quantitatively. And yet regulation via instrument design and technical parameters can only act upon whatever the instrument in place is equipped to take into account.

It follows that political action mediated by policy instruments only allows for limited regulation of renewable energy development. The effects of these instruments can thus easily challenge the associated frame, not only because these effects can extend beyond the associated objectives, but also in the sense that instruments do not always provide the means to channel their effects.

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