Research for REGI Committee - Financial Instruments for Energy Efficiency and Renewable Energy

Wishlade, Fiona and Michie, Rona and Vernon, Philip (2017) Research for REGI Committee - Financial Instruments for Energy Efficiency and Renewable Energy. [Report]

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Abstract

This study analyses ESIF financial instruments for energy efficiency and renewable energy sources and their implementation. The results suggest that, because implementation is highly context-dependent, transferability of lessons and good practice is limited. EE and RES FIs require specialist support and are constrained by operational programme lifecycles. More could be done to measure the impact of EE and RES FIs, though assessing the performance of both low carbon policies and financial instruments is highly challenging.