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Economic Perspectives of Renewable Energy Systems

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Economic Perspectives of Renewable Energy Systems ( economic-perspectives-renewable-energy-systems )

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and performance goals and thereby facilitate their growing presence in the market and their associated environmental benefits. AGE also support the development of stronger policies to promote renewable heating and cooling in EU-Member States: EU Directive to promote heating and cooling from Renewables. 44. To reach the EC’s target and to keep the leading technological position in the field of solar thermal technology then an ambitious fundamental and applied research and demonstration programme is required. The objective should be to develop competitive advanced solar heating and cooling systems which are able to cover 5%-10% of the overall low temperature heat demand of the EU-Member States by 2020. 45. Although other instruments (such as taxes, subsidies or regulatory) may be very helpful to temporarily relieve the burden by accelerated market diffusion of recently developed energy technologies, the only way out for a long-term sustainable solution in the energy sector will have to be found through R&D. 106

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