Golden Tulip Rotterdam-Centre
A recent editorial in Sustainable Business.com reported the findings of a recent survey by New Energy Finance, which revealed that the European Emissions Trading Scheme is starting to change the way European power companies make investment decisions, a short 5 years after its introduction. An important trend is the shift of resources towards cleaner power generation technologies.
New Energy Finance sought responses from over 13 companies, who account for over 50% of Europe’s Power Sector CO2 emissions. Respondents all indicated that carbon prices are being fully integrated into their investment decisions in the European Power sectors, with most running several future price scenarios.
Specifically the EU ETS is having a clear impact on the build-rate of biomass co-firing capacity.
Although carbon prices alone are insufficient to justify an immediate shift to lower CO2 emitting technologies, fuel prices, power prices and direct government support for renewables are also having an impact on attitudes among European power producers.
Only 8.5% of the energy consumed in Europe comes from renewable sources, and Bio power generation is expected to play a vital role in achieving the 20% share of renewable energies by 2020.
Despite the huge growth potential in the industry, the industry is not without its own set of challenges, key amongst them feedstock supply.
The success of the Biomass to power industry depends, to a large degree, on the quantity and quality of biomass available, and on the industry's ability to cost-effectively transport, handle and utilize biomass for energy production.
The upcoming Biomass Power & Trade summit examines the growth of the BioEnergy industry in Europe, and its impact on Biomass trade around the world. The Conference, supported by the IEA BioEnergy Task 40 group and the Port of Rotterdam, meets in Rotterdam on 11-12 Mar 2010.
The conference has invited a panel of Biomass Power producers, Biomass producers, Traders, Key European regulators and technology experts to discuss the EU’s pending BioEnergy mandates, sustainability issues, certification, global biomass trade, and upcoming technologies.
Speakers include key representatives of:
Biomass Power & Trade is now accepting registrations to participate as delegates. Interested parties are invited to submit their registrations via online form by >>Clicking here<<.
Those keen on exploring sponsorship and media partnership packages can write to Ms. Reema at reema@cmtsp.com.sgwith their enquiries and proposals.