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Скачать или смотреть A fair governance for enhanced guarantees of origin

  • Florence School of Regulation
  • 2020-11-06
  • 410
A fair governance for enhanced guarantees of origin
European University InstituteEUIFlorence School of RegulationFSRgasEU strategyEnergy System IntegrationGuarantees of OriginEuropean CommissionRESEmissionsTrading
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Описание к видео A fair governance for enhanced guarantees of origin

Second debate devoted to Guarantees of Origin
The EU Strategy for Energy System Integration, released in July this year, calls for a “more circular energy system, with energy efficiency at its core, in which the least energy-intensive choices are prioritised”. A holistic approach to deliver overall efficiency in achieving the renewables penetration target requires a “common currency” which provides a consistent (price) signal against which the cost of different technologies and renewable vectors can be assessed.

More generally, as the renewable penetration target could be achieved with different mixes of technologies and renewable energy vectors (renewable electricity, renewable gases, biomass,etc.), an approach is needed which promotes the achievement of the target at least cost. And the need for least-cost solutions will be greater the more ambitious the renewable target becomes.

In the first debate, which took place on October 6th, we looked at the extent to which Guarantees of Origin (GOs) could become, if “upgraded’, this ‘common currency’. As such, they would promote the achievement of the renewables energy penetration target at least costs via a mix of renewable-based vectors, through the equalization of the marginal costs of replacing the conventional form of each vector with its renewable equivalent.

For more info: https://fsr.eui.eu/event/a-fair-gover...

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