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Green Energy Markets – Bright Spots

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Renewable energy8. Green Energy Markets

Markets for green energy saw mixed fortunes in 2013. NREL reported a 36% increase in Renewable Energy sales through voluntary green power markets between 2010 and 2012 in the USA despite calls for roll-backs in some states. Europe has seen progress for Renewable Energy despite protests against rise in power costs (especially in Germany.)

China leads in total renewable energy installations and has further significant capacity addition plans. It is also the world’s largest carbon emitter and has launched its carbon trading scheme in 2013 which began in the city of Shenzen. In India however, the Renewable Power Purchase (RPO) mechanism has made very limited progress. It remains to be seen whether the Government can implement it despite weak economic conditions.

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