Renewables sector firmly against EU trading plan

EU-wide green certificate system for renewables "will push up prices and threaten national support schemes"

Europe's renewable energy sector has stepped up its opposition to the prospect of EU-wide trading of green certificates in a new legislative framework due to be proposed by the end of the year.

The European renewable energies federation (Eref), representing mainly producers in several EU states, said on Wednesday that the move could push up the cost of green energy and undermine existing national support systems.

Eref claimed that "forces within the European commission" are keen to establish a trading system for renewables to help member states meet new national targets expected to be tabled in December (EED 15/08/07). Representatives from EU governments are due meet commission officials to discuss the plans on Friday.

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