Book contents
- Renewable Energy Law
- Renewable Energy Law
- Copyright page
- Dedication
- Contents
- List of Tables
- Acknowledgements
- List Of Acronyms and Abbreviations
- List Of National Renewable Energy Legislation
- List Of Other Legislation and Treaties
- Units of Measurement
- 1 Introduction
- Part I What is Renewable Energy? A Case of Conceptual Consensus
- Part II Why Do Countries Intervene in the Renewable Energy Sector? A Case of Normative Divergence
- 3 The Economic Justification for Regulating Renewable Energy
- 4 Why Do Countries Legislate to Accelerate the Deployment of Renewable Energy?
- Part III What Role Do Regulatory Support Mechanisms Play in National Renewable Energy Laws? A Case of Substantive Divergence
- Index
3 - The Economic Justification for Regulating Renewable Energy
from Part II - Why Do Countries Intervene in the Renewable Energy Sector? A Case of Normative Divergence
Published online by Cambridge University Press: 22 November 2019
- Renewable Energy Law
- Renewable Energy Law
- Copyright page
- Dedication
- Contents
- List of Tables
- Acknowledgements
- List Of Acronyms and Abbreviations
- List Of National Renewable Energy Legislation
- List Of Other Legislation and Treaties
- Units of Measurement
- 1 Introduction
- Part I What is Renewable Energy? A Case of Conceptual Consensus
- Part II Why Do Countries Intervene in the Renewable Energy Sector? A Case of Normative Divergence
- 3 The Economic Justification for Regulating Renewable Energy
- 4 Why Do Countries Legislate to Accelerate the Deployment of Renewable Energy?
- Part III What Role Do Regulatory Support Mechanisms Play in National Renewable Energy Laws? A Case of Substantive Divergence
- Index
Summary
A majority of the countries in the world now engage in some form of government intervention within the renewable energy sector, with the numbers consistently growing year on year. By 2018, 146 countries had renewable power targets, 138 countries had support policies directed at renewable energy and 113 countries had national renewable energy laws in force. In this context, it is important to understand the economic rationale for intervening in the renewable energy sector, as well as the factors driving this growth in the development of national renewable energy laws.
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- Renewable Energy LawAn International Assessment, pp. 65 - 97Publisher: Cambridge University PressPrint publication year: 2019