Skip to main content

EcoCrops International Update


EcoCrops International reports that the  EU’s Renewable Energy Directive has been recast, raising the renewables target and establishing a clear and stable regulatory framework on self-consumption. Despite the positives there has also been criticism, especially over the definition of biomass. What were these concerns and what has the recast changed?

In 2009, the Juncker Commission set about building policies to ensure “a resilient Energy Union and a forward-looking climate change policy”. As part of this, the Renewable Energy Directive (RED) was created, which initially set the binding target of 20% final energy consumption from renewable sources by 2020.
Since its creation, the RED has been revised and evaluated a number of times and now forms part of the European Union’s (EU) Clean Energy Package (2016). In June, RED was again recast at a meeting of the Commission, the European Parliament and the Council. Amendments were made to ensure that targets and frameworks are in line with the progress Europe is making in creating a greener energy network.

EcoCrops International Biomass project in Estonia has been designed to help the EU commission to meet it targets

For more information contact EcoCrops

Comments

Popular posts from this blog

Eqtec signs MoU with Phoenix Biomass Energy worth about €10m

EcoCrops International reports that a Technology solution company Eqtec said on Monday it had signed a memorandum of understanding, with Phoenix Biomass Energy, a USA company located in California.  Phoenix Biomass Energy a power company, to supply the company's proprietary Eqtec Gasifier Technology for two power plants in California, USA. The two contacts to be signed are collectively are expected to be valued in the regions of €10m The Financial close is expected in the last fourth quarter of 2018 and the purchase contracts are expected to be signed and executed shortly after that Eqtec reported. Under the terms of the contact, Eqtec was the exclusive technology supplier of a 2MWe gasification plant and a 3MWe gasification plant to Phoenix for the 12 months from the date of the memorandum of understanding. 'We are delighted to be the exclusive supplier of technology to Phoenix Energy. The USA is a key country for waste to gasification technology and we are excited to ...

Is something bad going to happen to the Stock Market

Jeffrey Gundlach the famed American inventor and business mogul believes that the global stock market is signalling 'something bad' is happening. Why would anyone listen? He has the pedigree and experience to make people sit up and listen. Gundlach was formerly the head of the $9.3 billion TCW Total Return Bond Fund, where he finished in the top 2% of all funds invested in intermediate-term bonds for the 10 years that ended prior to his departure. He was fired by TCW in 2009. In 2009, shortly after his firing from TCW, Gundlach founded Doubleline, along with Philip Barach and 14 other members of Gundlach's senior staff from TCW.  Barach was Gundlach's co-manager of the $12 Billion TCW Total Return bond fund.  In a February 2011 cover story, Barron's called him the "King of Bonds." Jeffrey Gundlach is of the opinion that the U.S. stock market will not be able to continue to diverge from global equity markets in the long-term. "I said [before...

Dow plunges more than 1000 points

US stocks have decreased more than 1,200 points in the last two days, as the market's recent downturn gets worse and indices in Asia and Europe also took a massive dip. The Dow Jones fell 545 points and on Wednesday the Dow Jones Industrial Average plunged more than 850 point, which was its worst drop in over 7 months. This is the sixth day of losses for the markets, as there are signs of a slowdown in the economy and us battle trade with China. The Nasdaq fell 92 points, or 1.3 per cent, to 7,329.06. The Russell 2000 dropped 25 points, or 1.6 per cent, to 1,550.25. Now Investors are trying to find out the best place to put their money amid concerns over  slowing global economic growth, but  even though there is a lot going on in the markets, here at EcoCrops International the project we're currently running in Estonia is a Asset-backed investment where you would own the land and trees on  99 Year Lease. Even healthcare and bank stocks took a tumble on Thursd...