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Contents
GP Business Edition
Nr 9
July 6, 2005

GreenPrices Market Monitor

ECN releases review on RE obligation systems Europe

Energy efficiency: high EU priority but no consensus

Biogas and biofuels: high growth rates in 2004

US Senate votes on energy bill

XL wind farms will boost wind market UK

Large scale storage of carbon emissions in UK

New report on biofuels in Europe

JI/CDM: how to avoid pitfalls

Agenda

Large scale storage of carbon emissions in UK  
The UK government announced a large project of carbon emission capture and storage.  

In 2015 gases will be stored under the North Sea, in depleted gas and oil fields. For the first time 37,5 million euros of a carbon abatement funding plan is reserved for sequestration projects. The project will run 3 to 4 years and substitutes the previous cleaner coal programme.

Extra money is also promised to go to hydrogen and fuel cell demonstration projects, and for the stimulation of demonstration projects for cleaner electricity generation from coal and gas.

This boost will advance all forms of carbon abatement technologies, including improving the efficiency and co-firing existing power plant with low carbon alternatives such as biomass, but the demonstration of carbon capture and storage is the most radical of the options and sets the new strategy apart from the previous Clean Coal Technology programme.  
Source: GP Newsdesk

             
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