Renew On Line (UK) 48

Extracts from NATTA's journal
, issue 148 March-April 2004

   Welcome   Archives   Bulletin         


1. Even more offshore wind

2. BETTA , RO and Carbon trading

3. Wind - in the city and in the forests

4. Green Alliance : PSI report on Funding

5. Solar, Tidal, Hydro and biomass

6. Throwing caution at the wind

7. CHP gap confirmed

8. Long-life energy deal 

9. EU News

10. US News

11. World Renewables Roundup

12. Nuclear News

11. World Renewables Roundup

Hungary for Green Power

Hungary’s liberalized power market has made the sector more competitive, but there has also been protection for facilities using renewable energy sources.  It is hoped that the proportion of renewables used will rise to 3.6% from the current 0.5% by 2010, a deadline set by the EU (see the EU-25 accession state targets on p.10).  The current scheme is later expected to be replaced by a more competitive one based on ‘green certificates’ as  in some EU countries. As with the UK’s Renewables Obligation, under the green certificate scheme, electricity trading firms will be required to purchase a certain portion of the total power they sell from renewable resources, and would verify that they purchased green power by obtaining certificates from producers. Those who had excess could then trade with those who did not have enough to meet the governments target.

Source: Budapest Business Journal.

BP solar in Morocco

Apex-BP Solar, a subsidiary of BP France, in partnership with  Moroco’s Compagnie Marocaine des Hydrocarbures  (CMH) has won a major contract to supply and install solar PV systems, to provide electricity to households in Morocco’s Chichaoua Province, south of Marrakesh.  This will benefit 20,000 people who will gain access to lighting, radio, TV and refrigerators via a local solar energy distribution network. It should also lead to emissions cuts equivalent to 10 k tons CO2 over  a 10 year period.

Renewables in Jordan

The US Trade and Development Agency (USTDA) is to  partially fund a feasibility study with the Jordanian Ministry of Planning for US based Delenova Energy to acquire and expand two wind plants in the northern part of the Kingdom. The $179,000 grant for the study is designed to explore renewable power generation, in line with the Jordanian government’s goal of producing 5% of the country’s electricity from renewables by 2010.

Korea backs Solar & wind

The South Korean government is to provide significant  subsidies over the next 15 years for electricity producers who use solar and wind power. The Ministry of Commerce, Industry and Energy said that it would allow an above-market price for electricity generated with wind and solar power and subsidize the difference. Solar-generated electricity will be priced at 716.40 won (62 cents) per kilowatt-hour and wind-generated electricity will be traded at 107.66 won. The output from other forms of electrical power generation are traded at 47 won to 55 won/kWh per in the Korean market.   Source: JoongAngIlbo

New Zealand’s gas attack 

New Zealands very progressive policies on responding to Climate Change have not been without their problems. There have been strong objections from farmers to the plan to impose the worlds first levy on methane gas emissions from livestock.  Evidently around 37m tonnes of gas is produced each years, more than 90% of it from burping, rather than flatulence, giving a lie to the nick-name for the scheme- which has been labelled the ‘back-door tax’.  Even so, regardless of oriface, wind from the country’s 30m sheep and 10m cattle and 2m deer accounts for 60% of its greenhouse gas emissions. But the proposed new tax would cost farmers typically £110 p.a. Presumably a change in feed might help to some extent, but its a real problem that has to be faced somehow.    Source: Guardian

New Financial Support for Renewables

    • The UN Environment Programme (UNEP) has launched a Sustainable Energy Finance Initiative (SEFI) aimed at engaging the finance sector in renewables and energy efficiency.
    • Environmental Investment Partners, based in Poland
      , is launching a EUR 30-100m investment fund for venture capitalists to help develop renewable energy in Central European countries joining the EU in 2004. They commented  After these countries join the EU, their renewable energy sector will gain momentum due to environmental obligations these countries must meet.”
    • Ministers from over a dozen countries joined forces to launch the Renewable Energy and Energy Efficiency Partnership (REEEP) in London last October.  UK Foreign Secretary Jack Straw said ‘The aim of the REEEP is ambitious - to develop a global  network to promote the spread of renewable energy and more efficient use of energy’.  It plans to identify and remove policy and regulatory barriers to market development, and help match finance with renewable and energy efficiency projects. 
  • ...and an IEA Warning

The International Energy Agency says that the world needs $16 trillion of energy investment over the next 30 years if it is to meet growing demand. But it warned that this may not be easily forthcoming because liberalisation has made the levels of return much less certain. “Without new policy actions, world energy demand will rise by two-thirds between now and 2030 and the world economy will falter if these energy supplies are not made available”.

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