Business Edition
nr 20
21 March 2006
Special:
GreenPrices Market Monitor
GreenPrices Business Edition regularly
reports on market developments, prices and recent trades of green certificates
in Europe. Read more
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Germany steps towards a sustainable energy supply
With the introduction of the new energy tax law in Germany, new combined cycle gas turbine installations with high efficiencies will become more advantageous over coal and nuclear power capacity than in previous legislation. In the (near) future all fossil fuels will be subject to taxes.
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Green Paper energy policy under scrutiny for lack of sustainability
Several organisations and even a minister have criticised the recent Green Paper on energy policy by the European Commission. It lacks a view on ambitious sustainable development and on the opportunities for renewable energy sources.
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Energy efficiency Directive adopted
Last week the EU Energy Council of Ministers adopted the Directive on Energy End-use Efficiency and Energy Services. Member States have thereby set themselves the objective of reducing their energy consumption by 1% per annum over a period of nine years.
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World's largest CO2 capture pilot plant inaugurated in Denmark
The largest pilot plant in the world for demonstrating and validating new technology for the capture of carbon dioxide (CO2) from conventional power stations was inaugurated in Denmark last week. The pilot at the Elsham power station near Esbjerg is the result of the CASTOR project, funded from the Sixth Framework Programme for Research of the European Union.
Spain and USA remain most attractive in the world for renewable energies
Spain and the USA remain the most attractive countries in the world for renewable energies, according to the latest analysis from Ernst & Young published in the 'Renewable Energy Country Attractiveness Indices'. The report notes that both Spain and the USA 'continue to offer strong growth and attract the bulk of capital investment'.
High Level Group on competitiveness, energy and environment
In the kick-off meeting the High Level Group (HLG) on competitiveness,
energy and environment reached agreement on the working methods and the
subjects to be prepared for the next meeting. The HLG was set up by the
European Commission in October 2005. The group explores ways to unleash
the growth potential of basic and intermediate product industries by further
integrating competitiveness, energy and environmental policies.Read
more
JREC declaration: further action needed on renewable energy
In a joint declaration on renewable energy, the ministers of the Johannesburg Renewable Energy Coalition (JREC) repeated the importance of further actions on renewable energy to be taken by the global community. JREC adopted this statement during the last meeting in Dubai in February. More specifically, the JREC ministers urge the Commission for Sustainable Development (CSD) of the UN to establish an efficient arrangement to review and assess progress towards the global increase of renewable energies.
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In brief
Spanish energy saving measures - Sales of renewables will quadruple - Nuclear power no replacement for fossil fuels UK - New database on renewable energy launched - Greenhouse gas concentrations reached record in 2004
First step towards a Nordic integrated market cancelled
| Advertorial (Contents under responsibility of RECS International) 
Last
month the long-awaited integration of the Norwegian and Swedish
markets for green energy was cancelled. The integration into one
certificate market would have been a nice example for the entire
EU, because it was expected to show that renewable energy sources
would have been used more effectively. Now integration of the two
markets seems beyond the horizon, and that indeed will be a drawback
on international trade. Read
more |
Agenda Read
more
New GreenPrices Publishing reports:
China’s renewable energy law: catalyzing Asia’s largest clean energy market
2003
Small Business Energy Efficiency Program Roundup (October 2005 - Esource/
Platts)
Biogas: A Growing Niche for Distributed Generation (May 2005 - Esource/ Platts)
Biofuels
for transportation: new business opportunities (July 2005)
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