Wind Wire: Common market

Another hurdle to cleaner energy in Scandinavia has been cleared after Sweden and Norway agreed to resume work towards a common market for green electricity certificates.

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The Norwegian government had scrapped plans for a common certificates market with Sweden in 2006 (Windpower Monthly, April 2008), but the two countries now see the system as fundamental to tackling climate change and ensuring energy security. The countries aim to establish a common certificate market by January 1, 2012. Sweden has set a goal of generating 25 TWh annually from renewable energy sources by 2020 under its green certificate system. Norway has been slower in embracing wind, but hopes are that a common market, in which green certificates generated by renewables producers will be bought and sold by electricity retailers, will now fan greater enthusiasm for the technology.

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