3Power Energy Group Inc (PSPW)

[Topfuel]

On 21 Dec 2015, the ECS published Policy Guidelines on the reform of support schemes for the promotion of energy from renewable sources in the Energy Community Contracting Parties. The Policy Guidelines set out recommendations based on EU best practices in the implementation of renewables support schemes.

The renewable acquis under Title II of the Treaty establishing the Energy Community encompasses the Renewable Energy Directive 2009/28/EC (‘RE Directive”) as adopted and adapted by the Ministerial Council in October 2012. With its adoption, the Contracting Parties of the Energy Community committed themselves to achieving binding national overall renewable energy targets and a separate 10% target of renewable energy used in transport by 2020.

Promoting investments in energy from renewable sources is not only a legal obligation for the Contracting Parties of the Energy Community. It stimulates development of the aging and outdated facilities of their energy sectors while responding to requirements for environmental protection, reducing dependence on energy imports and creating premises for sustainable development and growth.

In order to ensure meeting the policy objectives in renewable energy, Article 3 of RE Directive claims for introduction of support schemes for energy produced from renewable sources or measures of cooperation between Contracting Parties, with EU Member States or with third countries. The introduction of support schemes or cooperation in renewable energy is foreseen to ensure reaching the renewable energy targets in 2020 given the fact that the energy market alone cannot deliver the required investments to meet these objectives and, therefore, a form of state intervention is necessary.

http://renewable.albaniaenergy.org/#post6