Political instruments used in Europe
This chapter provides an overview of the different political and legal levels and the scope of their roles in building up charging infrastructure.
1. Overview of political instruments used in Europe
Many experts would say that the best way to finance the build-up of charging infrastructure is private investment based on an economically feasible business model. However, if this proves to be difficult to realize, political instruments and especially financial incentives may be needed to stimulate the market.
There are several variants which will be explained in further detail in the next chapter of this unit:
- Private funding
- Public funding
- Non financial benefits like parking privileges
- Financing by grid fees