• Length:
    6 Weeks
  • Effort:
    2–5 hours per week
  • Price:

    FREE
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  • Institution
  • Subject:
  • Level:
    Intermediate
  • Language:
    English
  • Video Transcript:
    English
  • Associated Programs:

  • Professional Certificate

About this course

This course provides the tools needed to build a low-carbon power sector around the world. By diving into the perspective of different players in the power sector - from investors through to utilities, regulators and project developers - you will be able to choose the right strategies, policies and other levers needed to incentivise a cleaner power mix in your own context.

This course explores the mix of approaches that can create a pro-renewables environment. It explores this from a policy, regulatory and supply-chain perspective and examines the incentives and rules available. Key policies are brought to life through case studies, learning from both success and failure.

Key messages of the course include:

  • Ambitions for renewable electricity must be grounded in technical and financial feasibility
  • Pro-renewables environments recognise the needs of energy supply chain actors (e.g. project developers, utilities, regulators, electricity customers) and balances pricing, fiscal and financial and wider policies to incentivise and drive deployment
  • There are multiple ways to encourage deployment of renewables across different scales – these have strengths and weaknesses and must balance rate of deployment, affordability and efficiency of generation
  • Incentives and rules are a package and can be aligned to deliver affordable, efficient renewable electricity - several real-world examples demonstrate this
  • Different countries have succeeded and failed in creating pro-renewables environments – demonstrating that while lessons can be used from these experiences, there is no single route to success and the environment must be bespoke to the circumstances of the country.  
This course should help decision makers across the electricity supply chain, in both the public and private sector, understand what mix of incentives is ideal from their perspective.

What you'll learn

  • Understand how policy and regulation can create a pro-renewables environment
  • Analyse different regulatory and non-regulatory mechanisms and approaches for incentivising renewables deployment
  • Evaluate the drivers for businesses in the renewable electricity supply chain and how this relates to the policy and regulatory environment
  • Explore through case studies how pro-renewables policy and regulatory environment has been implemented
Module 1: Establishing a pro-renewables environment – getting the objectives right

Module 2: Pro-renewables supply chain – who are the actors and what do they want?

Module 3: Pro-renewables power sector regulatory and pricing policies

Module 4: Non-regulatory pro-renewables policies and approaches

Module 5: Pulling it all together

Meet your instructors

Jeff Hardy
Dr
Imperial College London

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This course is the second in a series of courses offered as part of the Clean Power Hub. The first course, ‘Why Move Towards Cleaner Power’, explores the many advantages and opportunities of shifting to a low-carbon power system, and is useful to those new to the sector as well as those wishing to expand their knowledge. This second course, ‘Creating a Pro-Renewables Environment’, explores the different policies, incentives and measures to help develop and deploy renewable energy in the electricity sector, and offers a practical grounding for those working towards this. The third course, ‘Incorporating Renewable Energy in Electricity Grids', explores the technologies and measures that can help to successfully integrate variable output renewables such as wind and solar into electricity systems, including a variety of case studies. The courses can be taken one after another, or equally you can select the one most appropriate to your existing knowledge and your desired learning outcomes.