RENEWABLE ENERGY
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Transcript of RENEWABLE ENERGY
RENEWABLE ENERGY
Jorge Vasconcelos
MIT Portugal
Lisbon, May 23, 2011
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ROADMAP(S) 2050
ENERGY 2020 STRATEGY THINK
ROADMAP11
http://ec.europ
a.eu
/clim
a/do
cumen
tatio
n/roadmap/docs/com_201
1_11
2_en
POLICY GOALS
REGULATORY TOOLS
CHALLENGES
REGULATION HAS BEEN - PARTIALLY - SUCCESSFUL IN OPENING UP
AND INTEGRATING ENERGY MAKETS ACROSS BORDERS.
HOW DOES REGULATION ENSURE THAT 20-20-20 TARGETS WILL BE
ACHIEVED IN A COST-EFFECTIVE WAY ?
HOW DOES REGULATION LEAD TO LOW-CARBON 2050 ?
DO THE LEGAL AND REGULATORY FRAMEWORKS PROVIDE THE
NECESSARY GUIDELINES AND INCENTIVES FOR TECHNOLOGICAL
CHANGE TO HAPPEN
?
TECHNOLOGICAL CHANGES IMPACT ON :
• ENERGY MARKETS - WHOLESALE & RETAIL
• NETWORKS - PLANNING, OPERATION
• SYSTEM OPERATION
AND CHALLENGE “TRADITIONAL” ENERGY REGULATION
?
??
DO THE LEGAL AND REGULATORY FRAMEWORKS PROVIDE THE
NECESSARY GUIDELINES AND INCENTIVES FOR CONCEPTUAL AND
BEHAVIORAL CHANGE TO HAPPEN
?
HIGH PENETRATION OF GENERATION BASED ON RENEWABLE ENERGY
SOURCES (RES)
MARKET REFORM (energy vs. capacity, price vs. CO2 merit order, demand participation, etc.)
NETWORK EXPANSION (large-scale projects – e.g. off-shore wind, Desertec, etc.)
NETWORK ADAPTATION(large-scale decentralized generation, DR, storage, EV, etc.)
SYSTEM OPERATION(dispatching, reserve management, etc.)
NEW BUSINESS MODELS (ESCOs, Aggregators, etc.)
1. REGULATION CANNOT IGNORE PUBLIC POLICIES
2. ENERGY REGULATION NEEDS TO REINVENT ITSELF
3. A COHERENT REGULATORY POLICY IS NEEDED
4. NEW REGULATORY TOOLS ARE NEEDED
2020 BRINGS NEW CHALLENGES –
THIS IS A THREAT
TO THE SURVIVAL OF “TRADITIONAL” ENERGY REGULATION,
BUT IT IS ALSO AN OPPORTUNITY
TO BUILD A MORE COHERENT AND EFFICIENT ENERGY REGULATORY
FRAMEWORK.
ACHIEVING THE 20-20-20 TARGETS AND BEYOND