1. Contract Number: EIE/08/517/SI2.529243 Project Duration: 07/2009 – 12/2011Date: February 2012 Shaping an effective and efficient European renewable energy market (RE-Shaping)

2. Contract Number: EIE/08/517/SI2.529243 Project Duration: 07/2009 – 12/2011Date: February 2012 Shaping an effective and efficient European renewable energy market RE-Shaping Objectives: Derivation of effective and efficient policies supporting renewable energies in a liberalised European energy market and assisting EU Member States in the implementation of the RES Directive for 2020. Project's website: www.reshaping-res-policy.eu / Geographical coverage: EU-27

3. Contract Number: EIE/08/517/SI2.529243 Project Duration: 07/2009 – 12/2011Date: February 2012 Policy needs: Monitoring of existing support instruments for RES and modelling of main policy alternatives is crucial for the future policy development. Unbiased and scientifically robust analysis is needed in a sometimes controversial discussion on the optimal support strategy. Target group: National and European policy makers, renewable branch organisations, RES generators, energy consumers and suppliers Who benefits? ► National and European policy makers gaining critical insight into the success and potentials for improvement of their support systems. ► European energy consumers will benefit due to lower prices and higher RES deployment.

4. Contract Number: EIE/08/517/SI2.529243 Project Duration: 07/2009 – 12/2011Date: February 2012 Objectives:  Analyse the effectiveness and the efficiency of current and future RES support schemes.  Identify current best practices and assess (future) costs of RES and the corresponding support necessary to initiate stable growth.  Analyse and promote better integration of RES policies with climate & innovation policy and liberalised energy markets.  Analyse options for flexibility and cooperation between Member States.  The future deployment of RES in each MS is calculated based on the Green-X model to assist MS in implementing national action plans and to support a long term vision of the European RES policy.  Analyse the impact of policies on risks for RES financing and propose improved more risk-conscious policies.

5. Contract Number: EIE/08/517/SI2.529243 Project Duration: 07/2009 – 12/2011Date: February 2012 How?  Statistical analysis of historical data / development of quantitative indicators for success and failure of RES support schemes  Profitability analysis of investments in RES projects  Stakeholder consultation – internet based and by personal contacts  Analytical analysis of market and policy interactions  Quantitative analysis of the costs and benefits of present and future policy options based on the techno-economic model Green-X

6. Contract Number: EIE/08/517/SI2.529243 Project Duration: 07/2009 – 12/2011Date: February 2012 Expected results:  Clear empirical insights into the present success and failures to support RES in Europe on Member State level.  Quantitative results on the costs and benefits of future policy options such optimised national and coordinated policy options based on the techno-economic model Green-X.  Detailed definition of best practice criteria for renewable energy support schemes and policy integration.  Stakeholder involvement through in-depth expert talks with Member States officials and market actors.  Recommendations and action plan on optimisation of RES policy measures to support policy makers on European and national level.

7. Contract Number: EIE/08/517/SI2.529243 Project Duration: 07/2009 – 12/2011Date: February 2012 Shaping an effective and efficient European renewable energy market RE-Shaping Coordinator: Dr. Mario Ragwitz Fraunhofer Institute for Systems and Innovation Research (ISI) Email: m.ragwitz@isi.fraunhofer.dem.ragwitz@isi.fraunhofer.de Phone: +49-721-6809-157 Participants:  Fraunhofer Institute for Systems and Innovation Research (Fh-ISI), Germany  Energy Economics Group (EEG) at the TU Vienna, Austria  Ecofys b.v. (Ecofys), The Netherlands  Climate Policy Initiative, DIW Berlin (DIW), Germany  Lithuanian Energy Institute (LEI), Lithuania  Utrecht University, The Netherlands  EnergoBanking Advisory Ltd, Hungary  Bocconi University, Italy  KEMA, The Netherlands Project's website: www.reshaping-res-policy.eu