11th Energy Policy Workshop: Financing Renewables in the Tug-of-War between Subsidies and Market Forces

Achieving the goals of climate policy calls for extensive investments in green technologies. The decarbonization of the energy system – including further expansion of renewables and the necessary power lines, transformation of the transportation industry, energy-efficient renovation of existing buildings, and the requirements of sector coupling – will require substantial financing. This raises the question not only of how the costs of low-emission technologies will develop over time, but also whether the necessary financial resources should continue to be raised with the support of government regulation or whether market mechanisms should in fact be employed more thoroughly to activate private capital. At our 11th energy policy workshop, we would like to discuss with you which funding policy is the right one and how it could be implemented in detail.

Speakers:

• Reimund Gotzel, Chairman of the Board of Directors of Bayernwerk
• Dr. Christoph Kost, Fraunhofer Institute for Solar Energy Systems ISE
• Dr. Maximilian Rinck, European Power Exchange EPEX
• Prof. Dr. Martina Otten, Fakultät Nachhaltige Agrar- und Energiesysteme Hochschule Weihenstephan-Triesdorf
• Dr. Johann Wackerbauer, ifo Zentrum für Energie, Klima und Ressourcen

This workshop continues the series of events organized by the ifo Institute in cooperation with the Weihenstephan-Triesdorf University of Applied Sciences and the Technical University of Munich. Its aim is to create a forum for the exchange of information and opinions between economists and practitioners on current energy policy issues.