European Renewable Energy Council Renewable Energy Jobs Innovation

European Renewable Energy Council Renewable Energy: Jobs – Innovation – Economic Growth Prof. Arthouros Zervos President EREC www. erec. org IPM 9_Parliament of Belgium_18 th November 2009

European Renewable Energy Council q AEBIOM q EBB q EBIO q EGEC q EPIA q EREF q ESHA q ESTELA q ESTIF q EUBIA q EU-OEA q EUREC q EWEA European Biomass Association European Biodiesel Board European Bioethanol Fuel Association European Geothermal Energy Council European Photovoltaic Industry Association European Renewable Energies Federation European Small Hydropower Association European Solar Thermal Electricity Association European Solar Thermal Industry Federation European Biomass Industry Association European Ocean Energy Association European Association of Renewable Energy Research Centres European Wind Energy Association

European Renewable Energy Council Fossil fuels and Climate Change “We used to fear that there were enough nuclear weapons on earth to destroy the planet. But now we know that there is enough oil, gas and coal to do pretty much the same job. “ Andris Piebalgs, European Commission for Energy (SET Plan Conference, Stockholm, 21 – 22 October 2009)

European Renewable Energy Council Economic and Environmental Impacts q 10% share of final energy consumption q 1/4 of EU`s 20% GHG reduction committment (1990 level) q 450. 000 high quality jobs through the EU q 45 billion EUR turnover

European Renewable Energy Council RES Contribution to Final Energy Consumption (Mtoe) 2005 Eurostat TYPE OF ENERGY Final Energy Consumption* (Trends to 2030) (Combined RES and EE) 2006 Eurostat % 1211. 2 2007 Eurostat % 1213 AGR 20052007 % 1194. 9 % -0. 7 1. Electricity** 42. 45 3. 5 44. 26 3. 7 46. 68 3. 9 4. 9 2. Heating and Cooling 59. 44 4. 9 62. 17 5. 1 62. 98 5. 3 2. 9 3. Transport biofuels 3. 15 0. 3 5. 38 0. 4 7. 88 0. 7 51. 6 Total Renewable Energy 105. 0 8. 6 111. 8 9. 2 117. 5 9. 9 5. 9 *Including electricity and steam transmission/distribution losses and own consumption **Normalised for hydro and wind TARGET 2020 AGR needed % 1, 378 1, 266 275. 6 20. 021. 7 6. 7

European Renewable Energy Council BAU towards 2020 (% share of RES in final energy consumption) 20% 19. 0% 18. 35% 17. 0% 15. 0% 13. 0% 11. 0% 9. 0% 7. 0% 5. 0% 2005 BAU* 8. 60% Trajectory** 8. 50% 2007 9. 90% 8. 80% 2009 2011 2013 2015 2017 2019 2020 2021 11. 20% 12. 50% 13. 80% 15. 10% 16. 40% 17. 70% 18. 35% 19. 00% 9. 50% 10. 80% 11. 95% 13. 68% 15. 98% 17. 80% 20. 00% * Business-as-usual (BAU) based on continuous growth assumption as 2005 to 2007 ** EU-27 indicative trajectory as set out in Part B of Annex I of Directive (2009/28/EC) Souce: EREC

European Renewable Energy Council Cumulative Wind Energy Installations (GW) 140 120 100 80 EU 60 Global 40 2001 2002 2003 2004 2005 2006 2007 2008 Source: EWEA

European Renewable Energy Council New Power Capacity installed in 2008 (MW) ** Source: Estimation EPIA Source: EWEA and Platts Power Vision

European Renewable Energy Council Evolution of the EU 27 consumption of biofuels (ktoe) 10064 7834 5376 3146 672 818 1051 2000 2001 2002 1412 2003 1975 2004 2005 2006 2007 2008 Source: Eur. Observ`ER and Eurostat

European Renewable Energy Council New Capacity installed by Fuel in 2008 (%) New Capacity 2008: 23. 8 GW Natural Gas 29. 0% RES 57. 0% Fuel Oil 10. 5% Coal 3. 2% Nuclear Others 0. 3% 0. 02% Source: Platts, EWEA, EPIA

European Renewable Energy Council New Renewable Energy Directive (2009/28/EC) • RES Electricity • RES Transport • RES Heating and Cooling binding target of at least 20% RES by 2020 including a binding target of 10% biofuels and other RES in transport

European Renewable Energy Council National Renewable Energy Action Plan Art. 4 and Annex VI 30 th June 2009 – 30 th June 2010 1. 2. 3. 4. 5. Summary of national renewable energy policy Expected final energy consumption Targets and trajectories (national and sectoral) Measures for achieving the targets Assessments

European Renewable Energy Council Accompanying Measures • modern grid infrastructure • buildings of the future • innovative ways of financing Energy Efficient Renewable Energy based Economy

European Renewable Energy Council Investing in Low Carbon Technologies (7 th October 2009) European Industrial Initiatives Wind Energy Total (bn EUR) 6 Solar Energy -PV 9 -CSP 7 Bioenergy 9 Smart Cities 11 Energy Research Alliance 5 Electricity Networks 2 CCS 13 Nuclear Fission 7 Source: Commission Communication „Investing in the Development of Low Carbon Technologies“ (SET-Plan)

European Renewable Energy Council New Entrants Reserve 300 million allowances set aside from the New Entrants Reserve (NER 300) for innovative renewable energy projects and CCS • as much capital as possible for innovative RES technologies • a fair selection procedure • reasonable requirements for project developers • investment confidence • EREC supports Commission in final award decision

European Renewable Energy Council Promoting Renewable Energy Technologies: Security of Supply Climate Protection Future-oriented sustainable economy 2050: RES as the Mainstream Source!

European Renewable Energy Council Contact Prof. Arthouros Zervos erec@erec. org EREC European Renewable Energy Council Renewable Energy House 63 -67 Rue d’Arlon, B-1040 Brussels, Belgium www. erec. org