Pushback on EU ‘Green New Deal’ leads to alternative proposals.

Posted: June 22, 2020 by tallbloke in Big Green, EU Referendum, greenblob, hydrogen, Politics
Green blob [credit: storybird.com]

From GreenTech media

The EU is currently working through the details of a €1.85 trillion ($2.08 trillion) recovery package. Before the stimulus was signed, a leaked document by the European Commission’s Directorate-General for Energy (DG Energy) ran through a serious of policy plans to marry the European Green Deal and the COVID-19 recovery effort.

Those plans included a possible 15-gigawatt EU-wide renewable tender designed to help make up for a shortfall in national tenders. Support for green hydrogen was also advanced as a potential item for inclusion.

But the plans have not survived a barrage of lobbying by vested interests and pushback from member states still married to a more traditional energy mix, according to multiple sources following the green recovery’s development.

As things stand, Europe’s stimulus package “has no green strings attached — none,” said Patrick Graichen, executive director of the Agora Energiewende think tank, speaking last week about the green recovery. 

At the same time, an alternative plan is emerging for renewables — more complex and harder to quantify in scale or duration, but with the potential to be up and running much sooner. It could be a tradeoff worth making.

The new renewable energy financing mechanism (REFM) would use existing funding mechanisms to sidestep the need for new EU legislation. That means it could “kick in as soon as July,” said Aurelie Beauvais, policy director at SolarPower Europe, who added that she is hopeful for its prospects.

Under the REFM proposals, countries could pay into a central tender fund, but the winning projects could be built elsewhere. That means that European countries with grid restraints, land shortages or scant renewable resources could instead fund Mediterranean solar farms or Irish wind projects. The contribution to EU climate targets would pass to the financial backers. The economic benefits and clean power would flow to the host country.

The plans are still being finalized, but GTM understands that the intention is for auctions to take place every year starting in 2021.

“The Commission is currently working on how to use the recovery package to support renewables, which are clearly a priority for recovery investment — but we cannot comment on this idea of an EU-wide tender,” a European Commission spokesperson told GTM by email. “In parallel, the preparation of the financing mechanism is progressing well, with ongoing discussions in the Energy Union Committee with member states,” the spokesperson said.

The scale of the program would be dependent on the appetite of sponsor nations to fund it and hosts to take advantage. SolarPower Europe’s Beauvais thinks the expected favorable financing conditions of an EU-sponsored, national-government-backed tender could ramp up interest.

The REFM could prove to be a masterful piece of political maneuvering from the European Commission, given that prospects for a discrete, standalone tender program were facing opposition.

Comments
  1. Gamecock says:

    ‘Those plans included a possible 15-gigawatt EU-wide renewable tender designed to help make up for a shortfall in national tenders.’

    Member states reject it. So they’ll do it anyway.

    ‘Support for green hydrogen was also advanced as a potential item for inclusion.’

    I’ve been out of school too long. Hydrogen used to be colorless.

  2. oldbrew says:

    The effect of their proposals on future weather, no matter how many squillions are hosed around, will if/when implemented still be net zero.

  3. Pat Swords says:

    I think people will find this submission on the EU website of interest, it is a link they can feel free to use on twitter, etc.:

    https://ec.europa.eu/info/law/better-regulation/have-your-say/initiatives/12381-EU-Strategy-on-Adaptation-to-Climate-Change/F525450

    From a historical perspective it’s fascinating how the current Angst about the changing climate, and associated hysteria, really have long and unfortunate roots.

  4. saighdear says:

    BBC Radio Scotland this morning ( Tue.) discussing Green Indusry with bloke from Scottish power(?) – that we should be throwing money at WIND ( Parks all over the place + Solar ) & electric cars in effort to provide jobs. I dozed off again… Depressing.

  5. oldbrew says:

    saighdear – he would say that, wouldn’t he?

    Scottish Power is owned by Spanish wind industry barons…

    Iberdrola is the top renewable energy producer in Europe and a global leader in terms of installed onshore wind power.
    https://www.scottishpower.com/pages/iberdrola.aspx

  6. Stuart Brown says:

    Meanwhile, a bit off topic maybe, and as another high rolls over England:
    – The wind is dropping to 10% of demand (sunny though),
    – I note that National Grid and Sizewell B have negotiated the continued suspension of 600MW of CO2 free nuclear generation further out until August – presumably to give gas the room to manoeuvre as wind comes and goes…
    – And we are taking in 1.14 GW on the Dutch and NEMO interconnectors – in order to give 1.28 GW back to France over the French ICT. I hope we are making money from that.

  7. oldbrew says:

    The only serious alternative proposal…

    Why Climate Activists Will Go Nuclear—Or Go Extinct
    – by Michael Shellenberger

    There are no good technical or economic reasons that nations from the US and Japan to Sweden and Germany are closing their nuclear plants. Center-left governments are closing them early in response to the demands of progressives and Greens—the very same people who are claiming climate change will kill billions of people.

    https://quillette.com/2020/06/25/why-climate-activists-will-go-nuclear-or-go-extinct/

    Extinction Rebellion spokeswoman quits to join nuclear power campaign
    2020-06-25
    https://crywnews.com/world-news/extinction-rebellion-spokeswoman-quits-to-join-nuclear-power-campaign/
    – – –
    Mickey Mouse hysterics time is over, or should be. ‘Quit jerking around with renewables and batteries’ – B. Gates

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s