Home / Power / IntelliNews - CEE & SEE Renewable Energy Report - April 2011

IntelliNews - CEE & SEE Renewable Energy Report - April 2011

Published: Jul 2011 | No Of Pages: 54 | Published By: Emerging Markets Direct

Product Synopsis

Whether it is the lack of sufficient energy resources, the need for diversification, the dependence on energy imports or the EU obligations, the countries and central and south-eastern Europe are strongly pursuing the development of the green energy segment. The geographic and weather specifics have so far turned out to be the main factors that determine the sectors that will become priority for each individual state.
The governments have undertaken measures to support the alternative energy producers and through a set of support schemes, feed-in tariffs and tradable green certificates they not only encouraged the RES producers, but also shifted the focus towards subsectors, which might have otherwise remained underdeveloped.
A strong role is played also by the EU, which affected both its member states and the candidate countries. The combination of targets of the renewable energy share in the overall energy consumptions, as well as in specific sectors like electricity, heating and cooling, and transportation are additionally driving the development of green energy production.
The countries, however, admitted that there are still plenty of obstacles that investors need to overcome in order to use the full potential of the green sources.
So far, biomass turned out to be the most used renewable source, followed by the hydropower sector with the trend here being the focus on a higher number of smaller plants, which are cheaper and faster to build. However, the sectors with highest growth over the past year were none of the above, but wind and solar power although their combined capacity is below that of biomass and hydropower.

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Czech Republic

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