Feed-in renewable support must end - power firms
National feed-in tariff subsidy mechanisms for promoting renewable energy must eventually be phased out because they are incompatible with the EU's internal electricity market, power sector trade body Eurelectric said on Wednesday. In a joint statement with green certificate promoters Recs and the energy trading association Efet, Eurelectric called for an imminent revision of EU renewable energy targets to usher in mechanisms allowing a Europe-wide promotion system based on tradeable certificates (EED 30/10/07). A trading-based scheme would also mesh better with the EU carbon market, they said. See press release.
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