Wind and solar industries set up new EU renewable energy contracts exchange

A new platform for businesses to source renewable energy in the European market has been launched.

Set up by Solar Power Europe, Wind Europe, RE100 and WBCSD the RE-Source Platform claims to be the first and only multi-stakeholder platform in Europe bringing together the interests of both renewable energy buyers and sellers.

The RE-Source platform will pool resources and coordinate activities to promote a better policy framework for renewable energy sourcing, at EU and national level.

Giles Dickson, Chief Executive of the industry trade association Wind Europe, said: “Corporate renewable power purchase agreements provide clean, reliable and competitive power for industry across all sectors and increasingly in energy-intensive sectors. It’s now a well-established model in many countries in Europe.

“European industry has signed 1.5 GW of renewable power supply deals over the past four years, 1.3 GW of them with wind energy. The new RE-Source platform will play a vital role in spreading the model to all countries in Europe and to smaller companies so that more industrial consumers can benefit from it.

“Normally when you’re buying electricity off the power market, the prices go up and down depending on what’s happening with oil prices, gas prices and coal prices.

When you sign on to these corporate renewable PPAs, you’re not exposed to those volatile fossil fuel process because you’ve locked in at a fixed price the cost of your renewable electricity that you buy.”

James Watson, Chief Executive of Solar Power Europe, added: “Following our RE-Source event  last month, which connected over 500 large corporate players and renewable energy companies, it makes perfect sense for us to launch this Platform.

“Given also the current update of the EU’s Clean Energy Package, the time is right for us to work together to remove barriers to companies wanting to power their operations with renewable energy.”

Renewables After Brexit: the stakes have never been so high

 

The aim of this crucial Renewables After Brexit conference is to look at the key issues from the point of view of businesses in tackling the ‘Brexit trilemma’ of law, policy and the environment.

This event is likely to be the key renewable energy conference of the year. The following industry experts are also due to speak

  • Jorge Vasconcelos, Council of Europe Energy Regulators and EU Energy Roadmap 2050 Advisory Group
  • Munir Hassan, Head of Clean Energy, CMS Cameron McKenna; (Practical steps and considerations for renewables projects and investors in preparing for Brexit”)
  • John Campbell, QC
  • Dave Pearson, Director, Star Renewable Energy
  • Mark Sommerfeld, Policy Analyst, UK Renewable Energy Association
  • Graham Provest, Managing Director, Absolute Solar and Wind Energy
  • Ian Dunsmore, Scottish Water Horizons
  • Alex Salmond, the former First Minister of Scotland
  • Anne McCall, Director, RSPB Scotland
  • Dr. Leonie Reins, Tilburg Institute for Law, Technology & Society in The Netherlands: (Brexit and the implications for (European) energy and environmental law & the EU Emissions Trading Scheme)

Being held on 1 December 2017 at the University of Dundee, the conference is a joint venture between the University’s Centre for Energy, Petroleum and Mineral Law & Policy and Scottish Energy News.

For more details, sponsorship opportunities and conference booking details: www.renewablesafterbrexit.co.uk

 

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