A post-2020 EU energy technology policy : revisiting the strategic energy technology plan
Title: A post-2020 EU energy technology policy : revisiting the strategic energy technology plan
Citation: Energy Policy, 2014, Vol. 66, pp. 209–217
Series/Number: [Florence School of Regulation]
ISSN: 1873-6777; 0301-4215
With the European Strategic Energy Technology Plan (SET Plan) expiring in 2020, the EU needs to revisit its energy technology policy for the post-2020 horizon and to establish a policy framework that fosters the achievement of ambitious EU commitments for decarbonization by 2050. We discuss options for a post-2020 EU energy technology policy, taking account of uncertain technology developments, uncertain carbon prices and the highly competitive global market for energy technologies. We propose a revised SET Plan that enables policy makers to be pro-active in pushing innovation in promising technologies, no matter what policy context will be realized in the future. In particular, a revised SET Plan should include a more technology-specific focus, provide the basis for planning and prioritization among decarbonization technologies, and should be based on a comprehensive approach across sectors. Selected technology targets and EU funding of innovation should be in line with the SET Plan prioritization.
Revised version of EUI RSCAS WP; 2013/39; Florence School of Regulation
Initial version: http://hdl.handle.net/1814/27255
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