Regulatory Instruments for Deployment of Clean Energy Technologies

Answering to the formidable challenge of climate change calls for a quick transition to a future economy with a drastic reduction in GHG emissions. And this in turn requires the development and massive deployment of new low-carbon energy technologies as soon as possible. Although many of these techn...

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Main Author: Pérez-Arriaga, Ignacio J.
Format: Working Paper
Language:en_US
Published: MIT Center for Energy and Environmental Policy Research 2010
Online Access:http://hdl.handle.net/1721.1/51706
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author Pérez-Arriaga, Ignacio J.
author_facet Pérez-Arriaga, Ignacio J.
author_sort Pérez-Arriaga, Ignacio J.
collection MIT
description Answering to the formidable challenge of climate change calls for a quick transition to a future economy with a drastic reduction in GHG emissions. And this in turn requires the development and massive deployment of new low-carbon energy technologies as soon as possible. Although many of these technologies have been identified, the critical issue is how to make them happen at the global level, possibly by integrating this effort into a global climate regime. This paper discusses the preferred approaches to foster low-carbon energy technologies from a regulatory point of view. Specific promotion policies for energy efficiency and conservation, renewable energy, carbon capture and sequestration, and nuclear power are examined, but the focus is on the regulatory instruments that will be needed for the deployment of enhancements to electricity grids and the associated control systems so that they are able to integrate intelligent demand response, distributed generation and storage in an efficient, reliable & environmentally responsible manner. The paper also comments on the interactions between technology and climate change policies and provides recommendations for policy makers.
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spelling mit-1721.1/517062019-04-10T13:13:04Z Regulatory Instruments for Deployment of Clean Energy Technologies Pérez-Arriaga, Ignacio J. Answering to the formidable challenge of climate change calls for a quick transition to a future economy with a drastic reduction in GHG emissions. And this in turn requires the development and massive deployment of new low-carbon energy technologies as soon as possible. Although many of these technologies have been identified, the critical issue is how to make them happen at the global level, possibly by integrating this effort into a global climate regime. This paper discusses the preferred approaches to foster low-carbon energy technologies from a regulatory point of view. Specific promotion policies for energy efficiency and conservation, renewable energy, carbon capture and sequestration, and nuclear power are examined, but the focus is on the regulatory instruments that will be needed for the deployment of enhancements to electricity grids and the associated control systems so that they are able to integrate intelligent demand response, distributed generation and storage in an efficient, reliable & environmentally responsible manner. The paper also comments on the interactions between technology and climate change policies and provides recommendations for policy makers. Massachusetts Institute of Technology. Center for Energy and Environmental Policy Research. 2010-02-11T16:51:25Z 2010-02-11T16:51:25Z 2009-07 Working Paper 2009-009 http://hdl.handle.net/1721.1/51706 en_US MIT-CEEPR (Series);2009-009 application/pdf MIT Center for Energy and Environmental Policy Research
spellingShingle Pérez-Arriaga, Ignacio J.
Regulatory Instruments for Deployment of Clean Energy Technologies
title Regulatory Instruments for Deployment of Clean Energy Technologies
title_full Regulatory Instruments for Deployment of Clean Energy Technologies
title_fullStr Regulatory Instruments for Deployment of Clean Energy Technologies
title_full_unstemmed Regulatory Instruments for Deployment of Clean Energy Technologies
title_short Regulatory Instruments for Deployment of Clean Energy Technologies
title_sort regulatory instruments for deployment of clean energy technologies
url http://hdl.handle.net/1721.1/51706
work_keys_str_mv AT perezarriagaignacioj regulatoryinstrumentsfordeploymentofcleanenergytechnologies