The EuroWhiteCert project will support the conceptual and technical development of tradable white certificates systems covering energy savings and energy efficiency. In order to promote the introduction of such systems in the ecologically and economically most beneficial way at the European level, recommendations will be made for handling the interactions of white certificates and their possible integration with other existing and planned tradable certificate and permit systems (such as green certificates, cogeneration certificates), with other policy tools for sustainable energy, as well as with the EU ETS and the JI and CDM schemes.
The project involves a critical evaluation of the experiences with already established certificate schemes in the energy sector, as well as explore the practical implementation of a white certificate scheme by developing a uniform measurement and verification methodology, certifying existing projects, identifying a set of alternative market participants and by eliciting voluntary demand among these.
The EuroWhiteCert project is supported within the Intelligent Energy for Europe (EIE) Programme of the European community (contract no. EIE/04/123/S07.38640). The kick-off meeting was in April 2005 and the project will last till April 2007.
EuroWhiteCert analyses the potential advantages of a white certificate scheme and ways to cope with difficult aspects, including interactions/integration with other certificate trading schemes (e.g. RES) and markets (e.g. carbon).
Project activities envisage the test of the white certificates concept in practice through a pilot action. The primary focus will be on the supply side of the pilot white certificate scheme, where a verification and certification methodology will be elaborated. The methodology will be tested by verifying, certifying and compiling a database of recent energy efficiency and renewable heat projects in different EU Member States (MSs) and different sectors and technologies to ensure that it is applicable in each MS and within the framework of a European certificate system.
Finally recommendations will be given for the ecologically and economically most beneficial design, an introduction of white certificates and a possible integration with TGC and cogeneration certificate schemes, as well with ET, JI and CDM schemes.
The opportunities for integration of white certificate schemes with existing and planned energy policies will be examined taking into account the possibility of perverse outcomes that could damage the effectiveness and integrity of such schemes.
The potential for white certificates will be analysed by economic sectors and by technical systems; the expected role of public sector and of ESCOs will be explained. To test the possibility of eliciting latent demand for white certificates, a sufficiently specified regulatory environment will be formulated and interviews with potentially interested demand parties will be conducted. The functioning of the certificate market under alternative experimental designs will be assessed.
The project will estimate theoretical maximum size of a white certificate market and estimations of primary energy and CO2 savings that can be achieved with white certificates (based on the uptake of existing economic potential as identified in official investigations such as the Green Paper) will be as well provided. Besides, costs of introducing white certificates will be evaluated and the overall socio-economic (net) advantages of certificate schemes (compared to a situation without certificate schemes but with the same energy saving targets) will be assessed.
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