Renewed interest

- By Risk Staff
- 01 Jul 2007

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The market for renewable energy certificates in Europe is young but promising. Despite being a voluntary market with only 16 member states actively involved, there are over 140 counterparties trading green certificates. Some 66 million certificates (each representing one megawatt-hour of renewables-sourced power) were issued in 2006, a number that is expected to rise to 100 million for 2007. Of these, 25 million are expected to be traded internationally between the 16 participating member states

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