TY - JOUR
T1 - A post-2020 EU energy technology policy
T2 - Revisiting the strategic energy technology plan
AU - Ruester, Sophia
AU - Schwenen, Sebastian
AU - Finger, Matthias
AU - Glachant, Jean Michel
N1 - Funding Information:
Technology push plays a rather accommodating role to lift promising technologies from R&D to commercialization and preliminarily would rely on technology-neutral financial support to innovation, and thus, on competition for funds among different technologies and innovation projects. Promising projects at the early stages of such technology developments can obtain additional public funding. After having delivered its initial push, the importance of the SET Plan as an instrument to prioritize among technologies and projects vanishes by 2020. It will rather function in a ‘light’ version as a platform for information exchange (on e.g. the status quo of technologies, costs, experience with pilots, etc.) and stakeholder coordination and cooperation. Hence, it will primarily become a tool that can help potential innovators and investors to take the right decisions and to mobilize private funds.
PY - 2014/3
Y1 - 2014/3
N2 - 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.
AB - 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.
KW - Energy technology policy
KW - European energy policy towards 2050
KW - SET Plan
UR - https://www.scopus.com/pages/publications/84892477749
U2 - 10.1016/j.enpol.2013.11.044
DO - 10.1016/j.enpol.2013.11.044
M3 - Article
AN - SCOPUS:84892477749
SN - 0301-4215
VL - 66
SP - 209
EP - 217
JO - Energy Policy
JF - Energy Policy
ER -
SDG 7 Affordable and Clean Energy