ABSTRACT

The two main renewable energy governance systems that are discussed in this chapter are:

the ‘Political price/amount market’ model, often called the ‘feed-in model’, which has politically set prices for RE (renewable energy) electricity, and where the produced quantity of RE electricity is determined on the market;

the ‘Political quota/certificate price market’ model, often called the ‘certificate market model’ in which the RE electricity quantity is politically fixed as a quota and the RE electricity prices are determined on the market.