Renewable Policy Analysis – March, 2011

This report includes policy updates on the major countries. There are 33 news stories covered in the report. In addition to it, following two articles are covered in detail: 1. Bulgaria Approves New Renewable Energy Bill The Bulgarian government introduced measures such as Feed in Tariff (FiT) and financial incentives to boost the renewable energy sector. In 2009 the country prepared a draft (Directive 2009/28/EC) to promote renewable energy in the country’s energy mix. The draft was named Renewable and Alternative Energy Sources and Biofuels Act. It was expected that the enforcement of the draft will accelerate the country’s renewable energy capacities. But until now, the government has amended the Feed in Tariff (FiT) and introduced few financial measures to boost renewable energy and postpone Directive 2009/28/EC approval. But the pressure from the European Union to accomplish Bulgarian 2020 targets drove the country to approve the renewable energy bill on February 2, 2011. In this light, the present article analyses the country’s current financial and legislative policies and the policies likely to be enacted by the enforcement of the law. 2. The Cause and Impact of Policy Changes on the European Solar PV Market In the European Union, countries such as Germany, Spain, France, Italy, the UK and Spain have decided to reduce incentives and/or tariffs for solar PV. The reduction in incentives and/or feed-in tariffs (FiTs) for solar PV projects will significantly hit the sector growth in European markets in 2011 and beyond. The present article attempts address the cause and impact of tariff and policies in the European countries

Scope

Its scope includes –

1. Featured Articles: Analytical articles related to the impact of major policies on the renewable energy market.

Bulgaria New Renewable Energy Bill which includes Current Renewable Energy Policy Scenario, Shortfalls of Current Renewable Energy Policy Scenario and Proposed Renewable Energy Policy Scenario

The Cause and Impact of Policy Changes on the European Solar PV Market and dealts with Francve and Europe scenario

2. Major Policy Updates: Regional renewable policy news for the month

Reasons to buy

The “Renewable Policy Analysis” provides in depth study of the major renewable policy developments across the globe. It gives regulatory updates for the global renewable energy market which can help the individual/company frame their business strategies while minimizing regulatory risks.

Bulgaria Approves New Renewable Energy Bill article involves detailed analysis of current Bulgarian renewable energy policy scenario, short falls and proposed developments that will boost renewable eenrgy in teh country. the second article The Cause and Impact of Policy Changes on the European Solar PV Market involves the various drivers for the Fit cuts in Europe and impact of the FiT cuts in the respective countries.

Table of Contents

1 Table of Contents

1 Table of Contents 1

1.1 List of Tables 1

1.2 List of Figures 1

2 Renewable Policy Analysis – March, 2011 1

3 Renewable Policy Analysis – March, 2011 1

3.1 Bulgaria Approves New Renewable Energy Bill 1

3.1.1 Summary 1

3.1.2 Current Renewable Energy Policy Scenario, Bulgaria 2

3.1.3 Shortfalls of Current Renewable Energy Policy Scenario, Bulgaria 3

3.1.4 Proposed Renewable Energy Policy Scenario, Bulgaria 3

3.2 The Cause and Impact of Policy Changes on the European Solar PV Market 4

3.2.1 Solar FiT Cuts in France 4

3.2.2 Solar Tariffs Scenario Analysis, Italy 6

3.3 Key News Highlights: Key Renewable Policy News Alerts of the Month 7

3.3.1 North America 7

3.3.2 Europe 17

3.3.3 Asia Pacific 21

4 Appendix 22

4.1 Abbreviations 22

4.2 Methodology 22

4.2.1 Coverage 22

4.2.2 Secondary Research 22

4.2.3 Primary Research 23

4.2.4 Modeling and Forecasting 23

4.3 Contact Us 23

4.4 Disclaimer 23

List of Tables

List of Tables

Table 1: Feed in Tariff, 2010, BGN per MWh, Bulgaria 2

Table 2: Solar PV Cumulative and Annual Installed Capacity (MW), France, 2007–2010 4

Table 3: Solar PV Cumulative and Annual Installed Capacity (MW) under Scenario 1 and Scenario 2, France, 2011–2020 5

Table 4: Solar PV Cumulative and Annual Installed Capacity (MW) under Scenario 1 and Scenario 2, Italy,

2010–2020 7

Table 5: Abbreviations 22

List of Figures

List of Figures

Figure 1: Solar PV Cumulative and Annual Installed Capacity, MW, France, 2007–2010 4

Figure 2: Solar PV Cumulative and Annual Installed Capacity (MW) under Scenario 1 and Scenario 2, France, 2011–2020 5

Figure 3: Solar PV Cumulative and Annual Installed Capacity (MW) under Scenario 1 and Scenario 2, Italy,

2010–2020 7

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