Latest news
A new electricity grid research centre has opened in Scotland
Europe’s first electricity grid research centre was opened in Scotland. The centre will study how advanced technologies can outline the low-carbon power industry of the future, while researchers, engineers and industry specialists will carry out research and develop new technologies in the sector, ranging from advanced grid control schemes to intelligent sensor systems.
read more... 16/05/2013
What next for the EU Emissions Trading Scheme?
The European Parliament narrowly defeated a proposal to temporarily remove allowances from the world’s biggest carbon market, the European Union’s Emissions Trading Scheme (ETS).
read more... 23/04/2013
How trading in the EU carbon market works
The ETS is the largest carbon market in the world, worth around $148 billion last year. It covers around 12,000 installations, such as factories and power plants in the 27-member European Union. Since Jan. 1 2012, the aviation sector was also included in the scheme. Around 85% of permits were given to airlines for free in 2012, but this free allocation will be reduced over the period 2013-2020. Many airlines have opposed inclusion in the scheme.
read more... 16/04/2013
EU curbed its carbon emissions by 1.4% in 2012: preliminary data
Europe’s carbon emissions from power plants and factories dropped by 1.4% in 2012, according to preliminary data released on Tuesday, keeping the EU on the pace to achieve its 2020 emissions reduction objective and being the second consecutive year of fall on the ETS scheme, the bloc’s main tool to fight against climate change.
read more... 03/04/2013
Romania intends to cut support to renewable energy
Romanian energy market regulator ANRE, has announced on Friday, that Romanian government will cut its support for renewable energy, in particular for wind, solar and small hydro renewable energy projects. Romania's support scheme gives renewable power producers green certificates for each megawatt produced. Providers must get a rising percentage of the power they sell from renewable energy and buy certificates to meet these goals.
read more... 02/04/2013