Mario Ragwitz on Support Mechanisms for Renewables

Mario Ragwitz, Deputy Head of Competence Center Energy Policy and Energy Markets, Coordinator of Business Unit Renewable Energies, talks to Nicholas Barrett about funding for renewable energy in Europe. This recording was made on 22 October during FSR Climate 2015 Annual Conference. “We have seen a strong decline in the generation costs of renewables and a number of technologies are already competitive today in good locations such as on-shore wind and solar in southern Europe.” “We see that market values of renewables decrease with increased market integration, therefore, you probably still need another decade before renewables are fully cost competitive.”