EU Policies and Regulation on CO2, Renewables and Energy Efficiency: A Critical Assessment of Recent Experiences - Green Energy and Efficiency: An Economic Perspective - page 56

Table A.1 (continued)
Flanders region

Italy France Denmark United Kingdom

Name of
scheme or
programme

Rationeel Energieverbruik
(Rational Use of Energy

Titoli d ' Efc- Certicats d 'É cono- Energiselskabernes

spareindsats

Green deal ECO

— ienza

Energetica

mie de l 'É nergie

RUE Law, in English)

Costs € 60 million ( gures for 2009,

sum of budgets of electricity
distributors)

“ Unit tariff

contribution

Public bodies:
€

€ c5.6/kWh (incl.

administrative and
implementation
costs)

€ 1.5 billion

per annum
(estimated
cost for
companies)

”
for 2009 was
€ 92.22/toe

700,000/year;
Companies ( gures
for period
2006 - 2009): M €
210 ( € c0.39/kWh).

Cost recov-
ery scheme

Partly subsidised by regional
government and partly in the
form of electricity tariffs for
consumers

Possibility of
suppliers
transferring
costs to tariffs

Electricity tariffs
(since 2005; tax
breaks before that,
and subsidies for
natural gas)

Via tariffs Complex funding

system.

Suppliers
are free to
internalise
cost into
their prices

Source Own records, drawn up on the basis of information obtained from regulators and companies
a The Italian targets are set on an annual basis for each company with baseline year T-2. In other words, the targets for a particular company for 2013 are set
according to that company ' s total output in the year 2011