Regulatory strategies for selected Member States (Denmark, Germany, Netherlands, Spain, the UK):IMPROGRES project

Research Project supported by the European Commission, Directorate-General for Energy and Transport, under the Energy Intelligent Europe (EIE) programmeThis Work Package 6 report of the IMPROGRES project provides an overview of regulatory strategies and incentives, conducive to (i) network integration of increasing levels of distributed generation including notably intermittent renewable technology such as wind power and solar photovoltaics (PV) as well as (ii) options for reducing impacts on surging network integration costs. Similar to the IMPROGRES project in general, this report focuses on European distribution networks. It includes specific country studies of Denmark, Germany, the Netherlands, Spain and the UK. This summary presents the main findings of this report

Un nouveau dispositif d'assainissement budgétaire en Europe

The rules of the European Stability and Growth Pact (SGP) were neither strict enough nor enforced strictly enough. We propose a new framework for fiscal policy consolidation in Europe. Centre stage takes a European Consolidation Pact (ECP) supplementing the SGP, with five distinguishing features. First, members are obliged to detail a path to balancing their budgets, including a concrete course to cutting non-cyclical government expenditure, and second to implement an automatic tax increase law in case of straying from the defined path. Third, pact members may apply for ECP guarantees for each newly issued government debt that is in line with the specified path. These guarantees are, fourth, paid for by a percentage fee. Fifth, non-compliance with the automatic tax increase law leaves future government bond issues without ECP guarantees. The new framework spells out the details of an orderly government default. JEL Classification codes: E6, F5, H6.Stability and Growth Pact, European Consolidation Pact, sovereign default, European Monetary Fund

Die Energiewende als Innovationstreiber

Technologische Innovationen in den Bereichen erneuerbare Energien und Energieeffizienz bilden eine wesentliche Grundlage der weltweiten Energiesystemtransformation und wirken bei geeigneter Implementierung als Wertschöpfungsmotor. Die Größe und erhebliche Wachstumsdynamik der internationalen Märkte für Energietechnologien und -systeme macht die Positionierung deutscher Unternehmen auf diesen Märkten daher zu einem Thema von sehr weitreichender wirtschaftspolitischer Relevanz. Daraus ergibt sich die Frage, wie Deutschland von einer konsequenten Umsetzung der Energiewende und seiner damit verbundenen Vorreiterfunktion auf den internationalen Märkten für Energietechnologien profitieren kann