OECD Toolkit Provides Blueprint to Tear Down Red Tape Hindering Solar and Wind Deployment in EU
SDG 7: Affordable and Clean Energy | SDG 9: Industry, Innovation, and Infrastructure | SDG 13: Climate Action
Institutions: Ministry of New and Renewable Energy (MNRE) | Ministry of Power
The OECD (Organisation for Economic Co-operation and Development) has developed a Diagnostic Toolkit for Reducing Regulatory Barriers to Solar, Wind and Pumped Hydro Storage in the European Union. The report aims to accelerate the deployment of these essential clean energy technologies, which are often slowed by outdated and fragmented government regulations.
The Diagnostic Solution: The toolkit assists national regulators in diagnosing which specific regulations need to be updated and modernized to support clean technology. It promotes regulatory alignment and policy harmonization across different jurisdictions. The toolkit provides practical and conceptual guidance on key operational policy areas, including:
Permitting and Grid Investment: Reforming approval processes and encouraging investment in transmission networks to address grid congestion.
Market Mechanisms: Implementing modern, digital tools like dynamic pricing and demand response mechanisms to better integrate intermittent renewable energy sources.
Best Practices: Showcasing successful case studies from regions that have already navigated and eliminated complex regulatory constraints.
For India, striving for ambitious clean energy targets (like 500 GW of non-fossil fuel capacity by 2030), the toolkitβs insights are highly valuable. The nationβs Ministries must modernize regulatory frameworks for grid integration and permitting reform, which is crucial for tackling project delays and accelerating investment in storage solutions like pumped hydro. Applying this diagnostic approach could help streamline the complex, multi-level governmental processes currently slowing down Indiaβs renewable energy revolution.
Follow the full report here: Diagnostic Toolkit for Reducing Regulatory Barriers to Solar, Wind and Pumped Hydro Storage in the European Union