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New Record Number of Cancellations of Green Certificates in Sweden in 2010


17.5 million is the number of green certificates cancelled in Sweden by 1 April 2011 for the year 2010, has announced the Swedish Energy Authority. Under the regime of the so-called "elcertificates" (elcertifikatsystemet) 18 TWh new renewable electricity production and 350 new production facilities came on line this year. The system started in 2003, and since that date the electricity generation based on renewable energy sources has increased by 11.5 TWh (for an objective of 25TWh by 2020). Among the renewable energy sources that top production in 2010 are: biofuels, which generated 12 TWh in 2010; wind energy (300 of the new 350 plants), for a total production of 3.5 TWh; hydropower, for 2.6 TWh. Almost all the quota obligated parties complied by purchasing certificates.

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