The UK Will Trade Renewable Energy In Order To Achieve 2020 Targets

The UK government is looking at joint financing of renewable energy projects or trading with other EU countries to help meet its renewable energy targets.The government claims it can reach its 2020 target of meeting 15% of energy consumption from renewable sources through domestic action alone. However, for reasons of cost effectiveness, commercial opportunity and contingency, it could also make use of the ‘flexibility mechanisms’ in the EU’s renewable energy directive.A 2009 report from consultancy Pöyry and trade association…

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