RENEWABLES 2024
GLOBAL STATUS REPORT

Renewables in Energy Supply

2024

Policy and Targets

Many countries re-evaluated their renewable energy targets during 2023. Policy measures to integrate renewables into existing energy supply systems range from the promotion of renewable electricity to a focus on renewable heating and fuels. Policies include state/provincial and national targets, auctions and tendering, fiscal and financial incentives, and mandates such as renewable portfolio standards (RPS), feed-in tariffs (FITs), building mandates requiring solar thermal collectors and biofuel blending i .

Policies enacted to support expanded renewable energy supply for electricity, heat and fuels demonstrated several notable trends during the year. Developed countries continued to scale back mandates such as net metering and FITs, having met their initial goals for the adoption of renewables, while these measures are still popular in developing countries. Meanwhile, competitive auctions and tendering struggled to attract bidders in many markets, prompting some countries to raise price caps to entice more participants.

Most countries have in place some sort of renewable energy legislation, although the supply of renewables is concentrated strongly in North America, Europe, China and India. Although policy support for renewable energy continued to grow in 2023, policy support for fossil fuel provision also continued.

By the end of 2023, 90 countries had in place economy-wide targets for renewable energy, although only 7 countries had targets for 100% renewables, with most of these aimed at distant time horizons. 1 (See Table 2.) Only three countries – Albania, Italy and Uganda – and the European Union (EU) announced new or updated targets in 2023. 2 The EU's New Renewable Energy Directive raised the 2030 target for renewables in total final energy consumption from 32% to 42.5%. 3 As EU Member States updated their National Energy and Climate Plans, some included targets for renewable generation, or installed capacity by technology, as well as thermal energy targets by 2030. 4

At the 2023 United Nations Climate Change Conference (COP 28) in Dubai, United Arab Emirates, more than 130 countries ii pledged to triple the global installed capacity of renewable energy by 2030, to reach at least 11 terawatts, along with doubling the annual rate of global energy efficiency improvement from 2% to 4%. 5 This target was also included in the final conference text. 6 During the event, the Latin American and Caribbean Renewables Hub announced that it would raise its 2030 target for renewable energy in total electricity generation from 70% to 80%. 7

TABLE 2.Key Renewable Energy Policy and Investment Indicators, 2023

TABLE 2.

Notes:
1 Data are from BloombergNEF and include investment in new capacity of all biomass, geothermal and wind power projects of more than 1 MW; all hydropower projects of between 1 and 50 MW; all solar power projects, with those less than 1 MW estimated separately; all ocean power projects; and all biofuel projects with an annual production capacity of 1 million litres or more. Total investment values include estimates for undisclosed deals as well as company investment (venture capital, corporate and government research and development, private equity and public market new equity).
2 A country is counted a single time if it has at least one national or state/provincial target or policy.
3 Biofuel policies include policies listed in the GSR 2024 Demand Module Data Pack (Figure 17), available at https://www.ren21.net/gsr2024-data-pack/demand.
4 Data reflect all countries where the policies have been used at any time up through the year of focus at the national or state/provincial level. See the GSR 2024 Supply Module Data Pack, available at https://www.ren21.net/gsr2024-data-pack/supply.

Source: See endnote 1 for this section.

Electricity

In 2023, for the first time ever, renewables generated 30% of global electricity, up from 21.7% in 2013, with the increased share driven mainly by growth in the installed capacities of solar PV and wind power. 8 The increase in renewable electricity requires strong policy ambition, and countries have increasingly updated their targets for renewable electricity supply. In 2023, 24 countries updated their targets for the renewable share in electricity generation or in installed capacity. 9 This brought the total number of countries with a renewable electricity target to 152 by year's end. 10 Some countries have technology-specific targets as well. 11 (See Figure 10.)

In Africa, Egypt updated its Nationally Determined Contribution (NDC) for renewables to reach 42% of installed power capacity by 2030, instead of 2035. 12 The energy ministry announced plans for renewables to total 60% of power installed capacity by 2040, but this target was not yet included in policy documents. 13 Uganda's 2023 National Energy Policy included expanding electricity consumption 14% annually, with the goal of keeping the renewable share above 95%. 14 South Africa's new South African Renewable Energy Master Plan included a target of 41% renewables in electricity generation by 2030. 15

In 2023, 24 countries updated their targets for the renewable share in electricity.

In Latin America, Argentina updated its target to add 10 gigawatts (GW) of renewable energy capacity by 2030 and to reach 57% renewable electricity generation. 16 Chile set a target of 80% renewable energy in power generation by 2030 in its latest Action Plan for Power Sector Decarbonisation. 17 In Europe, France published a national plan on greening the power sector, which targets 33% renewable generation by 2030. 18 Italy's new National Climate and Energy Plan is aimed at reaching 72% renewable generation by 2030. 19

However, most countries risk falling short of their ambitious renewable energy targets unless they update their regulatory frameworks. 20 As of December 2023, China was the only country on track to meet its target of an additional 1,200 GW of renewable capacity by 2030, with the country already exceeding the annual capacity addition required to meet this target. 21

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FIGURE 10.Number of Targets for Installed Renewable Power Capacity, by Technology, 2022 and 2023

FIGURE 10.

Notes:
Data are not comparable to previous years due to improvements in methodology and adding targets from previous years that were not previously found.
Ukraine's target for all renewables excludes hydropower.
Targets for solar PV installed capacity include targets for floating solar.
Some capacity targets include a combined target for multiple technologies; in these cases the country with the target is counted once for each technology where a capacity target exists. For example, Lao PDR has a target for 1 GW of installed capacity of solar PV and wind power, but the breakdown of how much capacity each technology will generate is unspecified.
Countries with multiple targets for the same technology are only counted once.

Source: See endnote 11 for this section.

Feed-in tariffs and premiums remained popular during the year, with some countries announcing new FITs for systems of various sizes. 22 (See Figure 11.) Serbia issued new rules for feed-in tariffs and premiums as part of the organisation of renewable energy auctions. 23 France announced new FIT rates for rooftop solar PV, raising the maximum size of eligible systems from 100 kilowatts (kW) to 500 kW. 24 Türkiye announced new ten-year FITs for solar PV, wind, hydro, biomass, and geothermal power, as well as energy storage, after the previous scheme expired in 2021. 25 Viet Nam set new rules stipulating a mechanism for establishing annual electricity pricing frameworks, and FITs for wind and solar PV projects (including floating solar PV). 26 To attract investors, Ukraine is implementing a feed-in-premium for renewable electricity projects. 27 Poland enacted its Renewable Energy Act in early 2024, which also provides rules for FITs for small systems up to 10 kW, including hydropower, wind power, solar PV and biogas. 28 In early 2024, Japan updated its FITs for residential and commercial solar PV. 29

Net metering received mixed policy attention in 2023, with some countries announcing new schemes and others turning away from these policies in an attempt to incentivise the battery storage market. (See Figure 11.) Greece passed a law reducing the maximum capacity of systems to be eligible for the net metering scheme from 3 megawatts (MW) to 10 kW for households and 100 kW for commercial and industrial clients. 30 Ukraine adopted a net billing system for systems above 50 kW. 31

In the United States, the state of Massachusetts expanded its net metering scheme to apply to a broader customer base, whereas Idaho and California turned away from net metering to embrace net billing iii . 32 North Carolina scaled down its net metering policy, which results in lower savings for customers. 33 Maine cut back on its net billing scheme after experiencing higher adoption than expected, which had an inflationary effect on electricity prices. 34

FIGURE 11.Renewable Energy Feed-in Tariffs and Net Metering Policies by Country/Region, as of 2023

FIGURE 11.

Notes:
Data should not be compared with previous years because of revisions due to adjusted data or methodology.
All countries with round circles have removed FIT policies except for the Netherlands, where the net metering policy was removed after parliament voted to end the measure.
Japan removed its FIT in 2022 (announced in 2021) and transitioned to a feed-in premium.
Malaysia discontinued its FIT policy in 2017 and substituted it with a net metering scheme.
In May 2024, the Netherlands announced that the net metering programme would phase out in 2027.
Poland replaced its net metering policy in 2022 and transitioned to net billing.
Serbia's previous FIT expired in 2020, but a new FIT scheme opened to small projects (capacity below 500 kW and below 3 MW for wind power plants), according to regulations approved in April 2021. In 2023, the government adopted several changes to the auction procedure for market premiums.
Viet Nam's FIT expired for solar PV projects in 2020 and wind power projects in 2021, but in January 2023, the government provided new FITs for projects that had missed these deadlines.

Source: See endnote 22 for this section

Auctions and tendering continued to be widely used for large wind and solar PV and CSP power projects, as well as for biomass and geothermal power. Chile announced an auction for 5,400 gigawatt-hours of renewables and storage. 35 Argentina announced the results of its renewable energy generation tender (REnMI2), allocating 633 MW of renewables, of which 501 MW was for solar PV. 36 In the United States, the Bureau of Ocean Management offered several leases iv for developing offshore wind power through auctions, which resulted in the awarding of the first wind auction in the Gulf of Mexico. 37 Algeria launched an auction for 2 GW of solar PV power capacity. 38

In Europe, Serbia launched its first renewable auction for 400 MW of wind power capacity and 50 MW of solar PV power capacity, as part of a three-year plan to auction a total of 1,300 MW of renewables. 39 Greece launched several renewable energy auctions during 2023, including a 200 MW cross-border auction v in Bulgaria and Italy for wind and solar power capacity; Greece also announced that 2024 would be the country's last year of holding auctions. 40 Albania announced the results of its first wind auction, held in 2021. 41 Ukraine passed a draft law that includes provisions for renewable energy auctions. 42

Some auctions continued to be undersubscribed in 2023, either because price caps did not reflect the reality of costs or due to lengthy and costly auction procedures. 43 The Philippines witnessed low turnout at its renewable energy auction, with only one-third of the capacity target receiving bids. 44 Colombia postponed for the second time the deadline for its wind and solar auction, citing the need for more bids. 45 The United Kingdom announced that it would increase the maximum auction price for the next auction round for Contracts for Difference (CfD) vi following strong under-subscription from offshore wind project developers. 46 The country raised the price cap for offshore wind power or the next CfD auction round. 47

Fiscal and financial policies for renewable electricity supply, such as tax credits and rebates, grants, and subsidies, continued to be widely used. In 2023, 20 countries introduced new or updated fiscal and financial policies, bringing the total number of countries with such policies in place to 32. 48

In Europe, Switzerland announced that it would allocate USD 712 million (CHF 600 million) in subsidies for small- and large-scale solar PV. 49 Greece is providing USD 220,000 million (EUR 200 million) in grants for rooftop

solar PV with storage, covering up to 75% of the total installed system cost. 50 France implemented new financial incentives, including grants covering part the cost of renewable energy systems and installation for individuals and businesses, as well as tax credits for private research and development of renewable energy technologies. 51

In 2023, Brazil announced a new investment plan for the country's green energy transition and published a revised 10-year investment plan for the energy sector. 52 The Brazilian development bank BNDES is providing financing for biogas plants and wind farms. 53 In the Middle East, Egypt secured a concessional loan of USD 100 million from the European Bank for Reconstruction and Development and the Green Climate Fund to finance part of a 500 MW wind farm in the Gulf of Suez region. 54 The Central Bank of Iraq launched a USD 750 million Renewable Energy Financing Initiative that provides near-zero interest loans for individuals and private companies installing solar PV. 55

India enacted several policies in early 2024 that provide grants and financial aid for the purchase of small-scale solar PV systems. 56 Indonesia earmarked USD 6 million (IDR 94.4 billion) in its 2023 budget for deploying rooftop solar PV to increase electricity access. 57 Canada's 2023 federal budget introduced a tax credit for investments in clean technologies vii , and extended accelerated capital cost allowances for clean energy equipment. 58

Renewable portfolio standards viii (RPS) and clean electricity standards ix (CES) have become firmly established in the United States as a key component of state-level energy policy. As of 2023, 39 US states had established RPS or CES, with at least 17 states targeting 100% clean or renewable electricity by 2050. 59 Connecticut aims for 48% renewable power by 2030, and Illinois increased its target to 50% by 2040 and 100% by 2050. 60 Also in 2023, Canada published the first draft of its federal Clean Electricity Regulations, which will limit the emissions intensity of the country's electricity system by 2035. 61

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Heat

In 2023, 21 countries updated their renewable heating targets, bringing the total number of countries with such targets to 43. 62 As part of its New Renewable Energy Directive, the EU set a target for a 0.8% annual increase in renewables for heating to 2026, and a 1.1% annual increase from 2026 to 2030, with the aim of achieving 43% renewable heating by 2030. 63 As a result, EU Member States have updated their National and Energy Climate Plans, including their targets for renewable heating, as well as renewable energy targets for district heating. 64

The US state of Maine hit its goal of 100,000 heat pumps sold two years early.

A few countries announced new policies and programmes for the uptake of solar thermal energy for heating in 2023. Poland began providing subsidies of up to USD 14,900 (PLN 58,800) per household for the installation of solar collectors for hot water (in addition to air- and ground-source heat pumps), as part of the “My Electricity 5.0” programme. 65 Germany adopted a mandate that all newly installed heating systems in buildings derive at least 65% of their energy from renewable sources starting in January 2024. 66 The Slovak Republic began providing grants totalling USD 172 million (EUR 156 million) to cover up to half the cost and the installation of solar water heaters. 67 Estonia launched subsidies for rooftop solar thermal systems as part of building retrofits covering renewables for heating. 68

District heating received further policy attention during 2023. The integration of district heating strategies with decarbonisation pledges opens the possibility for the uptake of renewables in heating systems. As part of the New Renewable Energy Directive, EU Member States updated their targets for district heating. 69 Some individual EU countries also set specific targets or enacted other policies to support the uptake of renewables in district heating, with Denmark targeting 85% by 2030. 70 In addition, Denmark put in place subsidies of USD 3.5 million (DKK 24 million) to decarbonise district heating. 71 Croatia set a target to increase its renewable share in district heating 1.3% annually to 2030. 72 The United Kingdom issued an Energy Security Bill with regulations and zoning for heat networks, with a focus on decarbonising the network through renewables, and awarded USD 493 million (GBP 388 million) for a Green Heat Network fund, which disbursed its first funds in early 2023. 73

Heat pumps are not renewable energy technologies, but they provide an energy-efficient solution to heating and cooling and enable the use of renewable electricity in the thermal energy sector. They rely on ambient air, ground, or water (surface or ground water) and provide heating and cooling by transferring thermal energy between the indoors and the ambient environment.

As of 2023, 17 countries had in place policies to support the installation of heat pumps, with 10 countries updating or announcing new policies during the year. 74 Ireland extended its grants for renewable heat to cover heat pump installations. 75 Poland, as part of its clean air programme, began providing grants for replacing solid fuel heating sources with heat pumps. 76 The United Kingdom updated its “Boiler upgrade scheme” to increase the grant allocation for purchasing a heat pump unit from USD 6,300 (GBP 5,000) to USD 9,500 (GBP 7,500). 77 The EU postponed by one year the publication of its Heat Pump Action Plan. 78

At the sub-national level, the US state of Maine hit its goal of 100,000 heat pumps sold two years early, and announced a new target of installing an additional 175,000 units by 2027. 79 Also in 2023, the state of Oregon launched a subsidy to support the installation of heat pumps in rental properties. 80

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Fuels

Through regulations that limit fossil fuel extraction and/or use, governments aim to simultaneously discourage reliance on these non-renewable resources and incentivise the adoption of cleaner alternatives. Policies encouraging the uptake of renewable fuels also have gained attention.

Several international agreements and pledges target the phase-out of fossil fuels, and received moderate attention from governments during 2023. The Powering Past Coal Alliance, which aims to accelerate the phase-out of unabated coal power, had 60 signatories by year's end, after 9 countries joined during COP 28 (Cyprus, the Czech Republic, the Dominican Republic, Iceland, Kosovo, Norway, Malta, the United Arab Emirates and the United States). 81 Three countries – Kenya, Samoa and Spain – joined the Beyond Oil and Gas Alliance, bringing the total to 19 countries; the alliance seeks to facilitate the managed decline of oil and gas production. 82 The Fossil Fuel Non-proliferation Treaty, which aims to end the expansion of fossil fuel production and to fast-track solutions for a just transition to renewables, grew to 11 signatory countries, with Colombia becoming the first major oil-exporting country to join (during COP 28). 83 These alliances indirectly support renewables by encouraging a shift away from fossil fuel dependency and towards renewable energy alternatives. 84

A few countries enacted policies and regulations banning fossil fuels in specific sectors, effectively incentivising renewable energy or nuclear power. New Zealand banned new baseload electricity generation from fossil fuels. 85 Sweden banned all new extraction of coal, oil and fossil gas. 86 Numerous countries adopted policies shifting away from fossil fuels for heating. In Germany, a regulation targets eliminating all heating systems that rely on fossil fuels by 2045. 87 Switzerland's Heat Strategy 2050 aims to decarbonise the heating supply by replacing fossil fuels with renewables by 2050. 88 Austria banned gas boilers in new buildings as of 2023. 89 By contrast, France, which initiated a ban on oil and coal heaters starting in 2022, revoked its ban on gas boilers for existing buildings (originally set to begin in 2024), while retaining its ban on gas boilers in new buildings. 90

Phasing out fossil fuel subsidies helps to reveal the true costs of fossil fuels and to enhance the market competitiveness of renewables. 91 By the end of 2023, seven countries x included eliminating subsidies for fossil fuels in their climate plans. 92 Nigeria announced removing petrol subsidies to address economic inefficiencies and environmental concerns. 93 France removed all subsidies related to gas used for gas boilers, and for the boiler itself. 94 Starting in July 2023, Canada implemented a ban on subsidies to the oil and gas sector as a step towards fulfilling its pledge from the 2009 G20 agreement to eliminate inefficient fossil fuel subsidies. 95

To shield customers from rising energy prices, some countries have increased fossil fuel subsidies to mitigate the effects of the energy crisis and inflation. Fossil fuel subsidies in the G20 countries grew to a record USD 1.4 trillion in 2022, more than twice the pre-pandemic level of 2019. 96 Globally, the volume of fossil fuel subsidies reached USD 7 trillion, with China contributing the highest share. 97 This surge in funding was primarily in the form of direct subsidies, investments by state-owned enterprises and lending from public financial institutions. 98

Fossil fuel subsidies in the G20 countries grew to a record USD 1.4 trillion in 2022, more thantwice the pre-pandemic level of 2019.

Governments have increasingly focused on policies to shift from fossil fuel use to renewable fuels xi , including renewable hydrogen – especially for transport and heating. A few countries have adopted policies for the deployment of renewable fuels. The EU New Renewable Energy Directive calls for at least 42% of the hydrogen used in industry (most of it not for energy purposes) to come from renewable fuels of non-biological origin (RFNBO) by 2030, and 60% by 2035. 99 The EU also emphasises the use of these fuels for maritime transport, setting a binding target of 1.2% RFNBOs for shipping. 100

Renewable fuels such as biomass and RFNBOs can be beneficial in the transport sector because they can be readily integrated into existing vehicle technologies and fuel infrastructure. Several countries adjusted their biofuel blending mandates in 2023. The United States changed the rule within the existing legislation to increase its biofuel blend mandates slightly over a three-year period, excluding ethanol. 101 Indonesia raised its biofuel blending mandate for 2030 from 30% to 35%, and Malaysia increased its 2030 mandate from 20% to 30%. 102 India announced a phased mandatory blending of biogas with compressed natural gas for transport. 103 Brazil increased its mandatory biodiesel blend from 13% to 14% as of March 2024. 104 Continuing its countertrend from 2022, Sweden reduced a biofuel blending mandate in response to the ongoing cost-of-living crisis. 105

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Footnotes

i This section covers a diverse array of policies enacted or revised in 2023, but it is not exhaustive.

ii A list of signatories to the Global Renewable Energy and Energy Efficiency Pledge is available at https://www.cop28.com/en/global-renewables-and-energy-efficiency-pledge.

iii Under net billing, customers typically receive credit for excess electricity at a rate that is lower than the retail electricity price. Different jurisdictions may apply these terms in different ways, however.

iv These leases are auctions for the right to develop up to a certain amount of capacity in a specific location, not auctions for the actual deployment of capacity or guarantee of generation that the government will later purchase.

v A cross-border renewable energy auction is a competitive bidding process where multiple countries jointly select and support renewable energy projects across their borders to optimise costs and resource use.

vi Contract for Difference is a pricing mechanism where energy producers receive payments if market prices fall below a certain level, and must pay back when prices exceed a certain level.

vii Clean technologies here refer to technologies that reduce greenhouse gas emissions, including renewable energy, the production of clean hydrogen (electrolysis, natural gas with carbon capture, utilisation and storage), and the manufacturing of equipment related to renewable energy, zero-emission vehicles, energy storage and carbon capture.

viii An RPS mandates that electric utilities and other retail electricity suppliers meet a defined minimum percentage (or specific quantity) of their customers' demand through renewable electricity.

ix Clean electricity standards (CES) are regulatory policies aimed at increasing the use of renewable and low-carbon energy sources in electricity generation. These standards mandate that a specified percentage of electricity sold by utilities must come from clean energy sources such as wind, solar, hydroelectric, nuclear, and carbon capture and storage technologies.

x Austria, Belgium, Canada, Finland, Ireland, the Netherlands and Spain.

xi Renewable fuels are traditionally derived from biomass but can also be of non-biological origin (RFNBOs). RFNBOs is a broad term for all renewable gaseous and liquid fuels not derived from biomass. The primary method for creating these renewable fuels involves using electrolysis, powered by renewable electricity, to generate hydrogen. This hydrogen can be mixed with substances like nitrogen to create ammonia or with carbon to produce different synthetic hydrocarbons, such as e-methanol, e-kerosene, e-diesel, and e-petrol, also known as power-to-liquids.

  1. Table 2 from REN21, “REN 21 Database”, 2024. 1
  2. REN21, “REN 21 Database”, 2024.2
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  4. Ember, “A Live EU NECP Target Tracker”, accessed 26 March 2024, https://ember-climate.org/data/data-tools/live-eu-necp-tracker. 4
  5. Carbon Brief, “COP28: Key Outcomes Agreed at the UN Climate Talks in Dubai”, 13 December 2023, https://www.carbonbrief.org/cop28-key-outcomes-agreed-at-the-un-climate-talks-in-dubai. 5
  6. Global Renewables Alliance, “Call for ‘Tripling Renewable Energy… by 2030' in Final Text from COP28 Signals End of Fossil Fuel Era”, 13 December 2023, https://globalrenewablesalliance.org/call-for-tripling-renewable-energy-by-2030-in-final-text-from-cop28-signals-end-of-fossil-fuel-era. 6
  7. Carbon Brief, “COP28: Key Outcomes Agreed at the UN Climate Talks in Dubai”, 13 December 2023, https://www.carbonbrief.org/cop28-key-outcomes-agreed-at-the-un-climate-talks-in-dubai.7
  8. Ember, “Global Electricity Review 2024”, 2024, https://ember-climate.org/app/uploads/2024/05/Report-Global-Electricity-Review-2024.pdf. 8
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  10. REN21, “REN 21 Database”, 2024 10
  11. Figure 10 from REN21, “REN 21 Database”, 2024. 11
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  16. Fermín Koop, “Argentina Targets Huge Expansion of Renewable Energy by 2030”, Dialogue Earth, 20 July 2023, https://dialogue.earth/en/energy/374748-argentina-targets-huge-expansion-of-renewable-energy-by-2030.16
  17. Carlos Ortiz and Belen Zurita, “Chile's Action Plan for Power Sector Decarbonization”, National Renewable Energy Laboratory, 2023, https://research-hub.nrel.gov/en/publications/chileaposs-action-plan-for-power-sector-decarbonization. 17
  18. Ministère de la Transition Écologique et de la Cohésion des Territoires, “Les énergies renouvelables”, accessed 15 May 2024, https://www.ecologie.gouv.fr/energies-renouvelables. 18
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  21. Selin Oğuz, “Progress on 2030 Renewable Energy Targets by Country”, Visual Capitalist, 8 November 2023, https://www.visualcapitalist.com/progress-on-2030-renewable-energy-targets-by-country. 21
  22. Figure 11 from REN21, “REN 21 Database”, 2024.22
  23. Balkan Green Energy News, “Serbia Issues Quota for Upcoming Solar Power Auction, Adopts Rules on Balancing, Premiums, Feed-in Tariffs”, 2 June 2023, https://balkangreenenergynews.com/serbia-issues-quota-for-upcoming-solar-power-auction-adopts-rules-on-balancing-premiums-feed-in-tariffs. 23
  24. Gwénaëlle Deboutte, “France Unveils New FIT Rates for PV Systems up to 500 kW”, pv magazine International, 1 March 2023, https://www.pv-magazine.com/2023/03/01/france-unveils-new-fit-rates-for-pv-systems-up-to-500-kw. 24
  25. Carlo Carlaga, “New YEKDEM Scheme Announced for Renewables in Türkiye”, Think GeoEnergy, 3 May 2023, https://www.thinkgeoenergy.com/new-yekdem-scheme-announced-for-renewables-in-turkiye. 25
  26. Arendse Huld, “Vietnam to Set Annual Solar and Wind Prices Under New Rules”, Vietnam Briefing News, 19 December 2023, https://www.vietnam-briefing.com/news/vietnam-to-set-annual-solar-and-wind-prices-under-new-rules.html. 26
  27. Dentons, “Ukraine Implements Feed-in Premium Mechanism and Other Major Amendments in Regulations to Reflect Requirements of the Green Transformation Law”, 13 February 2024, https://www.dentons.com/en/insights/articles/2024/february/13/ukraine-implements-feed-in-premium-mechanism-and-other-major-amendments-in-regulations. 27
  28. European Biogas Association, “Renewable Energy Act Approved by the Polish Parliament”, 16 January 2024, https://www.europeanbiogas.eu/renewable-energy-act-approved-polish-parliament. 28
  29. Emiliano Bellini, “Japan Unveils 2024 Feed-in Tariff Levels for Residential, Commercial PV”, pv magazine International, 21 March 2024, https://www.pv-magazine.com/2024/03/21/japan-unveils-2024-feed-in-tariff-levels-for-residential-commercial-pv.29
  30. Harry Aposporis, “Greece Slashes Allowed Capacity for Prosumers, Tightens Rules for Energy Communities”, Balkan Green Energy News, 22 March 2023, https://balkangreenenergynews.com/greece-slashes-allowed-capacity-for-prosumers-tightens-rules-for-energy-communities. 30
  31. Dentons, “Ukrainian Regulator Amends Grid Connection Procedure for RES Power Plants, Establishes Secondary Legislation for Prosumers”, 15 January 2024, https://www.dentons.com/en/insights/articles/2024/january/15/ukrainian-regulator-amends-grid-connection-procedure. 31
  32. Ryan Kennedy, “Massachusetts Expands Solar Net Metering, Bucking a National Trend”, pv magazine USA, 1 March 2024, https://pv-magazine-usa.com/2024/03/01/massachusetts-expands-solar-net-metering-bucking-a-national-trend; Kelly Pickerel, “Idaho Ends Net Metering, Shifts Instead to Net-Billing System for Solar Compensation”, Solar Power World, 3 January 2024, https://www.solarpowerworldonline.com/2024/01/idaho-ends-net-metering-shifts-instead-to-net-billing-system-for-solar-compensation. 32
  33. EnergySage, “North Carolina Net Metering Policy”, 24 May 2023, https://www.energysage.com/blog/north-carolina-new-net-metering-policy. 33
  34. Will Norman, “Maine Cuts Back on Net Metering to Avoid Electricity Price Spikes”, PV-Tech, 13 July 2023, https://www.pv-tech.org/maine-cuts-back-on-net-metering-to-avoid-electricity-price-spikes. 34
  35. Pilar Sánchez Molina, “Chile Releases Bidding Terms for 5,400 GWh Renewables, Storage Auction”, pv magazine International, 11 July 2023, https://www.pv-magazine.com/2023/07/11/chile-releases-bidding-terms-for-5400-gwh-renewables-storage-auction. 35
  36. Luis Ini, “Argentina Allocates 501 MW of PV in Renewables Auction”, pv magazine International, 24 July 2023, https://www.pv-magazine.com/2023/07/24/argentina-allocates-501-mw-of-pv-in-renewables-auction. 36
  37. US Bureau of Ocean Energy Management, “Gulf of Mexico Activities”, accessed 16 May 2024, https://www.boem.gov/renewable-energy/state-activities/gulf-mexico-activities. 37
  38. Anna Ivanova, "Algeria Accepts 77 Bids in 2-GW Solar Auction", Renewables Now, 26 July 2023, https://renewablesnow.com/news/algeria-accepts-77-bids-in-2-gw-solar-auction-829339.38
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