Energy Transition Financing Consumer Co-Ownership in Renewables

Consumer (co-)ownership in renewable energy (RE) is essential to the overall success of Energy Transition. In June 2018, the European Union agreed on a corresponding enabling framework as part of a recast of the Renewable Energy Directive (RED II). The tr

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EDITED BY

Jens Lowitzsch

Energy Transition

Jens Lowitzsch Editor

Energy Transition Financing Consumer Co-Ownership in Renewables

Editor Jens Lowitzsch European University Viadrina​ Frankfurt (Oder), Germany

ISBN 978-3-319-93517-1    ISBN 978-3-319-93518-8 (eBook) https://doi.org/10.1007/978-3-319-93518-8 Library of Congress Control Number: 2018962363 © The Editor(s) (if applicable) and The Author(s) 2019 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Cover illustration: Venimo/GettyImages This Palgrave Macmillan imprint is published by the registered company Springer Nature Switzerland AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland

Foreword by Theresa Griffin

First of all I would like to thank Professor Dr iur. Jens Lowitzsch for inviting me to contribute to this very important book, on a subject that is dear to my heart and one that I have fought tirelessly to bring to the forefront of European energy policy. Energy is something we can sometimes take for granted. However, we know that our energy security is at risk, we know the threat posed by climate change and we know that the most vulnerable in our society struggle to pay their energy bills. So it is crucial we keep improving energy policy at all levels. We have the privilege to be part of the debate on energy at a time when so many aspects of our energy system are experiencing a transition: incredible growth in the share of renewables and storage; digitalisation of our economies enabling the development of smart homes, smart meters and demand-side management; increased awareness from evergrowing numbers of Europeans that green energy is the way forward. For each of these challenges, it is my deeply held belief that, when developing legislation, when taking any decision, the EU needs to think how that legislation will directly affect its ci