Forum on Renewable Energy Tariffs* :
Market Mechanisms for Rapid Deployment
October 4, 2004
The phenomenal growth of renewable energy in northern Europe in the past decade is due largely to Renewable Energy Tariffs. Germany produces 4% of its electricity with wind energy. Spain has installed as much wind-generating capacity as the entire North American continent. Both countries have used Renewable Energy Tariffs to spur the rapid growth of wind, solar, and biomass energy. As a result, more than 80,000 people are today employed serving the European wind industry.
Renewable sources of energy are ready to make a similar contribution to Ontario's electricity supply. If applied judiciously, Renewable Energy Tariffs could drive development of 8,000 MW of wind energy in Ontario by 2012.
The forum on October 4, 2004 heard from leaders in the field, including The Hon. Hermann Scheer, member of the German Parliament and architect of the country's ground-breaking Renewable Energy Sources Act, and the Hon. Jamie Ballem, Minister of Energy for Prince Edward Island and author of the most progressive renewable energy policy in North America today. In addition we are fortunate to have had Dr. Frede Hvelplund, an authority on market mechanisms and what has worked in Europe, and Dr. Olav Hohmeyer, an economist who pioneered quantification of the social and environmental costs from coal-fired power plants.
The Forum presentations are available at the following links:
OSEA Forum CDs
Contact OSEA to purchase Forum CDs for $ 30 CD (Supporting Members $ 20 CD). The CDs include the presentation as well as OSEA's ARTs Library.
For more information on Ontario's changing electricity system, please visit the Ministry of Energy's web site at www.energy.gov.on.ca.
*Renewable Energy Tariffs are the market mechanism used by Germany, Spain, France, and a host of other countries to rapidly deploy renewable sources of electricity generation. Renewable Energy Tariffs are also known as Minimum Price Standards, Electricity Feed Laws, and Standard Offer contracts.
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