A post-2020 EU energy technology policy: Revisiting the strategic energy technology plan

Sophia Ruester, Sebastian Schwenen (), Matthias Finger and Jean-Michel Glachant

Energy Policy, 2014, vol. 66, issue C, 209-217

Abstract: 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.

Keywords: European energy policy towards 2050; Energy technology policy; SET Plan (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (13)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:66:y:2014:i:c:p:209-217

DOI: 10.1016/j.enpol.2013.11.044

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