MILEN, the University of Oslo's (UiO) interfaculty research group on environmental change and sustainable energy, is organising a seminar on green and white certificates next week.
Title
Title
"Can we leave it to the market? The role of green and white certificates in sustainable energy promotion" (Flyer)
Time and place
New date, time and place: 19 MAY 2010, 10.15-12.00, Auditorium 5, Eilert Sundts Hus, UiO campus, Oslo (Map).
Description
Energy certificates are market-based instruments aimed to support the generation of renewble energy sources (green certificates) and promote energy savings initiatives (whites certificates). There is an intense debate in Europe and Norway about the efficacy, design and regulatory regimes around both of these. The workshop will briefly review the funding elements of green and white certificates schemes before turning attention to the core principles and issues in their implementation. National experiences will be taken as examples. Perspectives of cross-border trading will be highlighted. Ultimately, the workshop will offer reflections on the use and regulation of certificates to achieve sustainable energy objectives. Do to the use of energy certificates enable market forces to freely decide where to invest? Or should public authorities further regulate the schemes to ensure sustainability?
Energy certificates are one market based instrument among others intended to achieve the ambitious goals set in terms of sustainable energy, both at European and national levels. Other ways of stimulating the development of green electricity are through the use of feed-in tariffs, setting a price on CO2 through marketable quotas or taxes, or direct subsidies of R&D and deployment. But the decision on which is the most suitable alternative is not obvious.
Operating a competitive renewable energy market remains a goal for most countries, including those of the European Union and Norway. Issues of solidarity, security of energy supplu and environmental protection are also central to the process of developing a green energy industry. Finally, energy markets are increasingly integrated. The establishment of the European internal energy market has often involved consolidations and regional collaborations. An example of this is the decision taken by Norway and Sweden to join efforts and try - again - to establish a common green certificates market by January 2012. Such possibility has been sanctioned by the Renewables Directive 2009/28/EC, which enables Member States to adopt common support schemes. However, the modalities of the future Norwegian-Swedish market remain to be defined.
While green certificates aim at changing energy production, there is a tremendous potential to reduce consumption through energy savings measures. White certificates reward energy savings. These have been implemented in several European countries. Extending their use is under evaluation as part of the EU Energy Efficiency Action Plan. In 2010, the debate on the introduction of such a mechanism in Norway has also been relaunched.
The workshop proposes to review the debate on green and white certificates through the disciplines of economics and law, as well as drawing in perspectives from the energy sector.
Time and place
New date, time and place: 19 MAY 2010, 10.15-12.00, Auditorium 5, Eilert Sundts Hus, UiO campus, Oslo (Map).
Description
Energy certificates are market-based instruments aimed to support the generation of renewble energy sources (green certificates) and promote energy savings initiatives (whites certificates). There is an intense debate in Europe and Norway about the efficacy, design and regulatory regimes around both of these. The workshop will briefly review the funding elements of green and white certificates schemes before turning attention to the core principles and issues in their implementation. National experiences will be taken as examples. Perspectives of cross-border trading will be highlighted. Ultimately, the workshop will offer reflections on the use and regulation of certificates to achieve sustainable energy objectives. Do to the use of energy certificates enable market forces to freely decide where to invest? Or should public authorities further regulate the schemes to ensure sustainability?
Energy certificates are one market based instrument among others intended to achieve the ambitious goals set in terms of sustainable energy, both at European and national levels. Other ways of stimulating the development of green electricity are through the use of feed-in tariffs, setting a price on CO2 through marketable quotas or taxes, or direct subsidies of R&D and deployment. But the decision on which is the most suitable alternative is not obvious.
Operating a competitive renewable energy market remains a goal for most countries, including those of the European Union and Norway. Issues of solidarity, security of energy supplu and environmental protection are also central to the process of developing a green energy industry. Finally, energy markets are increasingly integrated. The establishment of the European internal energy market has often involved consolidations and regional collaborations. An example of this is the decision taken by Norway and Sweden to join efforts and try - again - to establish a common green certificates market by January 2012. Such possibility has been sanctioned by the Renewables Directive 2009/28/EC, which enables Member States to adopt common support schemes. However, the modalities of the future Norwegian-Swedish market remain to be defined.
While green certificates aim at changing energy production, there is a tremendous potential to reduce consumption through energy savings measures. White certificates reward energy savings. These have been implemented in several European countries. Extending their use is under evaluation as part of the EU Energy Efficiency Action Plan. In 2010, the debate on the introduction of such a mechanism in Norway has also been relaunched.
The workshop proposes to review the debate on green and white certificates through the disciplines of economics and law, as well as drawing in perspectives from the energy sector.
Speakers:
- Dag Roar Christensen, Energi Norge;
- Rolf Golombeck, Senior Research Fellow and Deputy Research Director at the Frisch Center.
- Catherine Banet, PhD Candidate, University of Oslo, Faculty of Law.
- Asbjørn Torvanger, CICERO, Moderator.
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