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Guarantee Of Origin
A Guarantee of Origin (GO or GoO) is an energy certificate defined in article 15 of the European Directive 2009/28/EC. A GO labels electricity from renewable sources to provide information to electricity customers on the source of their energy. Guarantees of origin are the only precisely defined instruments evidencing the origin of electricity generated from renewable energy sources. Certificate In operation, a GO is a green label or tracker that guarantees that one MWh of electricity has been produced from renewable energy sources. Guarantees of origin are traded. When a company buys guarantees of origin, as documentation for the electricity delivered or consumed, the guarantees of origin are cancelled in the electronic certificate registry. This single standardized instrument makes it possible to track ownership, verify claims and ensure that guarantees of origin are only sold once and that there is no double counting. In their most accomplished form, guarantees of origin are ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy Certificate
An energy certificate or energy attribute certificate is a transferable record or guarantee related to the amount of energy or material goods consumed by an energy conversion device in industrial production. A certificate may be in any form, including electronic, and lists attributes such as method, quality, compliance, and tracking. Terminology An energy attribute certificate (EAC) can include "a variety of instruments with different names, including certificates, tags, credits, or generator declarations." These certificates relate to various tracking systems worldwide. Examples of energy certificates for renewable energy are: * Green tags * Guarantee of origin (GO) * International REC Standard (I-REC Standard) * Renewable Energy Certificates (RECs) * Renewable Energy Credits * Tradable Instruments for Global Renewables (TIGRs) * Tradable Renewable Certificates (TRCs) * Tradable Renewable Energy Certificates (TRECs) Purpose and examples by region Energy certificates issued und ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Renewable Energy Directive 2009
The Renewable Energy Directive 20182018/2001 is a Directive in EU law that requires 32 percent of the energy consumed within the European Union to be renewable by 2030. This target is pooled among the member states. Background Before the 2009 version of the Directive, EU leaders had already reached agreement in March 2007 that, in principle, 20% of the bloc's final energy consumption should be produced from renewable energy sources by 2020 as part of its drive to cut carbon dioxide emissions. This policy later became part of the EU2020 Energy Strategy dated 10 November 2010. The key objectives of the strategy are to reduce carbon dioxide emissions by 20%, to increase the share of renewable energy to 20%, and to achieve energy savings of 20% or more. The targets are mutually dependent. The draft report on the directive was published by the European Commission in January 2008. Claude Turmes served as rapporteur on the draft. Members states were obliged to notify the European ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cogeneration
Cogeneration or combined heat and power (CHP) is the use of a heat engine or power station to generate electricity and useful heat at the same time. Cogeneration is a more efficient use of fuel or heat, because otherwise- wasted heat from electricity generation is put to some productive use. Combined heat and power (CHP) plants recover otherwise wasted thermal energy for heating. This is also called combined heat and power district heating. Small CHP plants are an example of decentralized energy. By-product heat at moderate temperatures (100–180 °C, 212–356 °F) can also be used in absorption refrigerators for cooling. The supply of high-temperature heat first drives a gas or steam turbine-powered generator. The resulting low-temperature waste heat is then used for water or space heating. At smaller scales (typically below 1 MW), a gas engine or diesel engine may be used. Cogeneration is also common with geothermal power plants as they often produce relatively lo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eugene Green Energy Standard
The Eugene Green Energy Standard was an international standard to which national or international green electricity labelling schemes could be accredited to confirm that they provide genuine environmental benefits. It was designed to encourage the generation and use of additional renewable energy sources for electricity generation, although the limited use of additional natural gas-fired cogeneration plant was also supported. Initially funded in part through the EU's clean-e programme, but also including some participants from outside Europe, the Eugene standard was formally discontinued after February 2009. Dismantling On 2 February 2009, EUGENE’s General Assembly voted in favour of its dismantling. It was agreed that the members and board would continue to work together to promote green energy in Europe, but that the EUGENE standard and the association (ASBL) under Belgian law would cease to exist. The standard The standard confirmed that energy supplied under the accredited ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
EKOenergy
EKOenergy is an ecolabel for electricity. It is a not-for-profit initiative of the EKOenergy Network, a group of more than 40 environmental organizations from 30 countries. EKOenergy started in 2013 in Europe. Its secretariat is based in Helsinki. Nowadays, EKOenergy is the only international ecolabel for renewable electricity. It is available all over Europe and its material is available in more than 30 languages. Governance Every member organization (all not-for-profit organisations) appoints one person to the EKOenergy Board, the Network’s highest governing authority. The Board takes decisions in consultation with the Advisory Group, which consist of experts from different stakeholder groups, including electricity industry, consumers and environmentalists, among others. Label Other language version of the label can be found in various countries. E.g. EKOénergie in France, EKOenergie in Germany or EKOenergia in Finland. Criteria of the ecolabel Only electricity from ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Transparency (market)
In economics, a market is transparent if much is known by many about: What products and services or capital assets are available, market depth (quantity available), what price, and where. Transparency is important since it is one of the theoretical conditions required for a free market to be efficient. Price transparency can, however, lead to higher prices. For example, if it makes sellers reluctant to give steep discounts to certain buyers (e.g. disrupting price dispersion among buyers), or if it facilitates collusion, and price volatility is another concern. A high degree of market transparency can result in disintermediation due to the buyer's increased knowledge of supply pricing. There are two types of price transparency: 1) I know what price will be charged to me, and 2) I know what price will be charged to you. The two types of price transparency have different implications for differential pricing. A transparent market should also provide necessary information about qualit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Directive 2004/8/EC
The Directive on the promotion of cogeneration based on a useful heat demand in the internal energy market and amending Directive 92/42/EEC,Directive 2004/8/EC OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 11 February 2004 on the promotion of cogeneration based on a useful heat demand in the internal energy market and amending Directive 92/62/EEC, published 21 February 2004 in the : L 52/50 officially Directive 2004/8/EC, is a |
European Economic Area
The European Economic Area (EEA) was established via the ''Agreement on the European Economic Area'', an international agreement which enables the extension of the European Union's single market to member states of the European Free Trade Association. The EEA links the EU member states and three EFTA states (Iceland, Liechtenstein, and Norway) into an internal market governed by the same basic rules. These rules aim to enable free movement of persons, goods, services, and capital within the European single market, including the freedom to choose residence in any country within this area. The EEA was established on 1 January 1994 upon entry into force of the EEA Agreement. The contracting parties are the EU, its member states, and Iceland, Liechtenstein, and Norway. The EEA Treaty is a commercial treaty and differs from the EU Treaties in certain key respects. According to Article 1 its purpose is to "promote a continuous and balanced strengthening of trade and economic relati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Energy Certificate System
The European Energy Certificate System (EECS) is an integrated European framework for issuing, transferring and cancelling EU energy certificates. It was developed by the Association of Issuing Bodies to provide a properly regulated platform for Renewable Energy Guarantees of Origin, as proposed by REDII. EECS supports all types of electricity, regardless of source or production technology. Energy standard The Guarantee of Origin includes information about the energy attributes of the electricity production to which it relates to such as source, capacity, and age of the plant. The EECS was developed to serve as the standardization system for the European GOs. It is used by more than 28 countries that work with the AIB. The organization maintains that the certification system is intended to secure "in a manner consistent with European Community law and relevant national laws, that systems operating within the EECS framework are reliable, secure and interoperable." It is claimed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Association Of Issuing Bodies
The Association of Issuing Bodies (AIB) promotes the use of a standardised system European Energy Certificate System (EECS) , based on structures and procedures to ensure the reliable operation of international energy certificate systems. European Energy Certificate System The European Energy Certificate System (EECS) is an integrated European framework for issuing, transferring and cancelling EU energy certificates. It was developed by the Association of Issuing Bodies to provide a properly regulated platform for ... (EECS) is set out in "''The EECS Rules''" and its supporting documents. The work of the AIB is relevant to all electricity customers, as the Guarantee of Origin (the instrument created in the European Directive and standardised through EECS) is a cornerstone of providing reliable disclosure information on the origin of electricity supplied to consumers. Footnotes International organizations based in Europe International energy organizations {{europe-or ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CHP Directive
The Directive on the promotion of cogeneration based on a useful heat demand in the internal energy market and amending Directive 92/42/EEC,Directive 2004/8/EC OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 11 February 2004 on the promotion of cogeneration based on a useful heat demand in the internal energy market and amending Directive 92/62/EEC, published 21 February 2004 in the : L 52/50 officially Directive 2004/8/EC, is a |
Green Certificate
A green certificate are a tradable commodity proving that certain electricity is generated using renewable energy sources. Typically one certificate represents the generation of one Megawatthour of electricity. What is defined as "renewable" varies from certificate trading scheme to trading scheme. Usually, at least the following sources are considered as renewable: * Wind power, Wind (often further divided into onshore and offshore) * Solar power, Solar (often further divided into photovoltaic and thermal) * Wave (often further divided into onshore and offshore) and tide, tidal (often further divided into onshore and offshore) * Geothermal * Hydro (often further divided into small – microhydro – and large) * Biomass (mainly biofuels, often further divided by actual fuel used). Green certificates represent the environmental value of renewable energy generated. The certificates can be traded separately from the energy produced. Several countries use green certificates as a mea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
