Business Edition
nr 93
March 27, 2008
Special:
Wind sector resists financial crisis
Despite the global financial crisis, stable growth in the wind energy sector promises to continue, according to an investment bank’s renewable energy analyst in London. “Other renewable sectors although should not panic, they should not expect the brightest of the futures in the short term,” he added. Read more
"New directive destroys voluntary market for green energy"
The present proposal for a new EU Directive for the promotion of renewable energy will in practice destroy the voluntary market for green certificates. That is the main conclusion RECS International draws from yesterday's workshop in Brussels about the market design for green energy in Europe. Read more
Dutch ministers: 'Apply biofuels criteria within three years'
Dutch ministers Jacqueline Cramer (Environment) and Bert Koenders (Development Cooperation) today responded to calls from NGOs and consultants to stop importing biofuels. The ministers said "We need to speed up our activities. Good sustainability criteria should preferably be applied within three years. Read more
Editorial
Biofuels criteria: Beat them or join them?
The biofuels discussion is getting hotter and hotter. Environmental organisations are raising objections, and also scientists are raising questions about an ambitious biofuels target. But the European Commission, backed by the Council and the Parliament, will have no other choice than to hold out. Read more
GreenPrices Market Monitor March 2008
The GreenPrices News Desk regularly reports on market developments, prices and recent trades of green certificates in Europe. This week: Prices of Guarantees of Origin (GoO) traded on a voluntary basis, recent prices and volumes of the Swedish Elcertificates, and the most recent prices and volumes of various green certificates traded on national markets in Belgium, Italy, Poland and UK. Read more
Spain’s wind energy hits record-high
Strong winds and low demand during Easter holiday in Spain boosted the share of wind energy in the total electricity consumption to an average 28% during the last three days. On Saturday afternoon, wind power generation reached an historic record-high share of 40.8%, according to Spanish Wind Energy Association - Asociacion Empresarial Eolica (AEE). Read more
Next stage in climate negotiation: Bangkok
Next Monday (31 March), Thailand's capital Bangkok will be the stage for the next episode in negotiations about an international climate policy agreement. It is expected that the Bangkok negotiations will result in a programme working towards a final agreement in 2009, during the Climate Summit in Copenhagen. Read more
Council: 'Biofuels should reduce 50% in 2015'
In 2015, biofuels used in the EU should reduce greenhouse gas emissions by at least 50%, compared to fossil transport fuels. This is an increase from a minimum of 35% reduction in 2011 and is the most important amendment the European Council proposes for the sustainability scheme for biofuels. Read more
In Brief
- UK on track to meet Kyoto targets
- “No free riders anymore”: IPCC’s Nobel Prize chief
- Iberdrola Renewables continues its US expansion
- SSE invests 3 billion pounds in next five years
- Nokia Siemens embrace use of renewable energy
- IEA: We must increase energy efficiency in buildings
- Bright future for ‘green collar jobs’
Agenda Read more
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Rolf de Vos
Editor in chief
GreenPrices Newsdesk