Government

UK Renewable Energy Policy Since Privatisation

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Executive Summary

The aim of this paper is to look at the UK's renewable energy policy in the context of its overall decarbonisation and energy policies. This will allow the authors to explore the precise nature of the 'Failure' of UK renewables policy and to suggest policy changes which might be appropriate in light of the UK's institutional and resource endowments. The focus is on the electricity sector both in terms of renewable generation and to a lesser extent the facilitating role of electricity distribution and transmission networks. They will suggest that the precise nature of the failure of UK policy is rather more to do with societal preferences and the available mechanisms for encouraging social acceptability than it is to do with financial support mechanisms.

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