Environmental Laboratory
Environmental analysis news: Funding for hydropower to increase
Feb 18 2010
According to analysts at Frost & Sullivan, this is largely due to the pan-European decision to generate more energy from renewable sources, with particular emphasis of making use on mature hydropower technology.
Under the European Union's (EU's) energy directive, the community must collectively produce 20 per cent of its energy using renewable sources by 2020.
Member states must also commit to an individual target for fuel consumption and transport. As part of the directive, this means that each EU country must produce ten per cent of its energy in the transport industry from renewable sources.
Energy and power systems consultant at Frost & Sullivan Jonathan Robinson commented: "Despite a short-term decline in electricity demand, the longer-term trend is upward as hydropower provides a cost-effective, carbon-free electricity source."
The organisation is set to host an online analyst briefing presentation about the European hydropower market later this month.
Posted by Claire Manning
Digital Edition
AET 28.2 April/May 2024
May 2024
Business News - Teledyne Marine expands with the acquisition of Valeport - Signal partners with gas analysis experts in Korea Air Monitoring - Continuous Fine Particulate Emission Monitor...
View all digital editions
Events
Jul 10 2024 Birmingham, UK
Jul 21 2024 Cape Town, South Africa
Australasian Waste & Recycling Expo
Jul 24 2024 Sydney, Australia
Jul 30 2024 Jakarta, Indonesia
China Energy Summit & Exhibition
Jul 31 2024 Beijing, China