Policy Paper 29

Collective Power: Enhanced Cooperation as the Driver of a Common Tradable Green Certificate Market

Current EU support for renewable energy suffers from fragmented, uncoordinated national policies. A number of European countries have gained experience with domestic Tradable Green Certificate (TGC) markets and could benefit considerably from merging these markets into a single scheme. This paper proposes enhanced cooperation as a mechanism to allow precursor to a fully harmonised EU renewable energy policy. In English only.

| 04/09/2007

Current EU support for renewable energy suffers from fragmented, uncoordinated national policies. A number of European countries have gained experience with domestic Tradable Green Certificate (TGC) markets and could benefit considerably from merging these markets into a single scheme. This paper proposes enhanced cooperation as a mechanism to allow precursor to a fully harmonised EU renewable energy policy. In English only.

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