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RENEWABLES TARGETS SEMINAR - 30th January 2004

Cambrensis’ Renewables and Hydrogen Contact Group met at Middle Temple Hall, London, on Friday 30th January 2004.

Richard Brook, Director of Business Development, New and Renewable Energy Centre, Blyth, Northumberland reviewed the capacity of different renewables technologies to contribute to achieving the UK government’s renewable targets. His presentation focussed specifically on the contribution from offshore and onshore wind, the potential for biomass and the future prospects for wave and tidal power.

Melville, Haggard, Chairman of Impax Capital Corporation Limited spoke about the economic aspects of different renewable technologies, and the implications of these for the government’s renewables targets. This vitally important area included the sources of funding for investments in renewables, expected rates of return, and factors which constrained or discouraged investments.

Bronwen Northmore, Director of Coal and New Energy Technologies at the UK Department of Trade and Industry gave an informal response to the first two speakers reflecting current UK government energy policy. Her presentation covered the target of 60% reduction by 2050, and the recent extension of the government’s Renewables Obligation for electricity generated from renewable sources to 15.4% by 2015/16.

William Wilson of Cambrensis, gave a short round-up of some recent developments in the USA.

For further information or details about the Cambrensis Renewables and Hydrogen Contact Group, please contact us

 

 

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