Renewables trading cheapest way to 20%, argues industry

摘要

Electricity industry association Eurelec-tric points to full trading as being the cheapest way to achieve the target set by the EU of renewable energy reaching a 20% share by 2020. Full trading would take place between companies in different member states exchanging guarantee of origin (GO) certificates proving that a certain amount of energy was renewable. According to a study commissioned by Eurelectric, full renewables hade scenario would lead to annual savings of some €17 billion in the year 2020 when compared to scenariornwithout trading. Eurelectric's study also states that partial trading in GO certificates for solely 20% of the member states target would still lead to a lower the cost of reaching the 2020 targets by €14 billion.