12 Apr '11, 7pm

#HSBC and WRI report examines relationship of #renewable energy and transmission in #EU, #China, and the US #cleantech

#HSBC and WRI report examines relationship of #renewable energy and transmission in #EU, #China, and the US #cleantech

The renewable energy market is large and growing in the European Union, stoked by both EU-wide goals and national incentive programs. Recognizing that transmission policy and infrastructure has to evolve, the EU is in the midst of implementing the 3rd Legislative Package on Energy Markets, which is pushing towards more integrated electricity markets by 2014 and assistance for transmission projects that have an EU-wide strategic importance. However, it is unclear how much authority the countries will cede to the EU-wide bodies or whether they will remain largely advisory instead. The wide range of transmission cost policies across countries is also shaping the renewable energy market – driving projects to locate where the transmission costs are lower, rather than where the best renewable energy resources are.

Full article: http://www.wri.org/stories/2011/04/high-wire-act-improvin...

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