Abstract
In this work, an overview of the European Union (EU) Member States support schemes for the
promotion of renewable energy sources (RES) is provided. In particular, the status of the electricity
generation capacity as well as the RES mixture in the Member States is described. Moreover, the
different support schemes such as, investment support, feed-in tariffs (FiTs), tradable green certificates, and fiscal and financial measures which the Member States have adopted for the promotion of RES technologies are discussed in detail. Some Member States are implementing a single support scheme for the promotion of RES for power generation (RES-E), e.g., seven Member States use FiTs, or implement a hybrid support scheme by combining all or some of the four categories of the RES-E supporting schemes. Although, these support schemes have increased the penetration of the RES-E technologies in the Member States, still there is a long way in order to achieve the 2020 target. The reason for this may be that the way these schemes have been used so far, i.e., either as single support schemes or in combination of FiTs or tradable green certificates with investment support and fiscal and financial measures, has been ineffective. A more effective combination could be a hybrid scheme consisting of FiTs with tradable green certificates measures, as in the case of Italy and United Kingdom, that will increase the RES-E penetration and eliminate the possible technical problems which will arise from this increased penetration and have an effect in the stability of the power system.
