Few EU Countries Plan to Trade Renewable Energy

Few EU Countries Plan to Trade Renewable Energy
EurActiv
Παρ, 12 Μαρτίου 2010 - 17:56
Only five EU member states are planning to buy renewable energy from other countries, while the EU as a whole is on track to exceed its 20% collective target, the European Commission said yesterday

Only five EU member states are planning to buy renewable energy from other countries, while the EU as a whole is on track to exceed its 20% collective target, the European Commission said yesterday (11 March).

Background

The EU's renewable energy directive set national targets for renewables inorder to reach a20% share in the EU's overall energy mixby 2020.

To ensure that the goals are reached, the directive set "indicative trajectories" -intermediate targets -for each member state. Countries are obliged to draw up national renewable energy action plans by the end of June 2010, setting out measures on how they intend to keep up with their trajectories.

The directive also offers member states the option to use 'statistical transfers' to sell excess renewable credits to another country to contribute towards their targets. But they can only do this if they meet their own intermediate targets.

Six months before handing in their national action plans, member states were due to submit to the European Commission forecast reports, estimating their potential excess production or demand for renewable sources in addition to domestic sources.

Italy will have the biggest shortage of domestically produced renewable energies, the Commission said in a summary of the forecast documents submitted by member states under the renewables directive. The country will have to buy around 1.2 Mtoe from other countries in order to meet its binding target, it stated.

Belgium, Denmark, Luxemburg and Malta were the other EU countries which expected to fall short of their targets with domestic production only.

By contrast, ten member states predict a surplus in 2020, which they could transfer to another member state, the Commission said. This would amount to about 2% of the total renewables required in 2020.

Spain and Germany plan the largest absolute amounts of surplus renewable energy on top of their binding commitments. Consequently, Germany expects to hit 18.7% instead of 18%, and Spain 22.7% instead of 20%.

In consequence, the EU as a whole is set to reach a 20.3% share of renewable energies in 2020, slightly exceeding its 20% target, the Commission said.

"These forecasts show that member states take renewable energy very seriously and are really dedicated to push their domestic production," said Energy Commissioner Günther Oettinger. "It is an incentive to invest in green technology and the production of renewable energy," he added.

But a Commission spokesperson stressed that the results are "very preliminary", and more details would become available when member states submit their national renewable energy action plans by the end of June. These will have to set out what measures the countries plan to put in place in order to meet their targets and stand the Commission's scrutiny in terms of their credibility.

In fact, the forecast documents were merely required to estimate the potential demand for renewable energy other than domestic production by 2020 and resulting need for the use of cooperation mechanisms. In the absence of a common template, additional information submitted varies widely between member states.

The renewables directive allows member states to meet their renewable energy targets by a combination of domestic production, statistical transfers of renewable energy from other member states or joint projects with either EU or third countries. Eleven member states said they would consider making use of joint projects, while seven also indicated their interest in statistical transfers.

France, Italy, Spain and Greece said they would be particularly interested in developing renewable energy in third countries in the context of the Mediterranean Solar Plan or in the Western Balkan countries, according to the Commission. Italy for instance intends to bridge the gap between domestic production and its targets by building constructing interconnections with Switzerland, Albania, Montenegro and Tunisia, its document shows.

Some also identified specific technologies that they would like to cooperate on, such as wind for Germany, Estonia and Ireland, hydro for Romania and Bulgaria or biomass for Latvia.

(from EurActiv)

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