Number of countries with renewable energy policies
The number of countries with renewable energy policies has steadily increased over the past decade. At least 173 countries had introduced renewable energy targets by the end of 2015 and an estimated 146 countries had support policies in place for renewable technologies, mainly in the power sector.There are five different areas of renewable policy that require specific instruments:
1. Policies for electricity
2. Policies for heating and cooling
3. Renewable energy transport policies
4. City and local government renewable energy policies
5. Policies for energy access
The question is no longer whether renewables have a role to play in the provision of energy services, but rather how to incorporate existing policies into a coherent framework that allows for the development of new business models.
The role of renewable energy policies has reached a new phase: from support policies to enable the development of new technologies and to build up a market by bridging the cost gap between conventional and renewable energy sources, towards a market framework that reflects the different nature of renewable energies. New build renewable power generations are now almost universally cost competitive with new build fossil power generation.
The next mission for renewable policy is to enable the development of new business models and market designs.
From the REN21 report “Renewables Global Futures Report: Great debates towards 100% renewable energy”.