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WRI and The Climate Group Launch Green Power Group for Europe

Starts
12:00AM, 01 December 2005
Ends
12:00AM, 01 December 2005
Location
To Be Confirmed
WRI and The Climate Group Launch Green Power Group for Europe

On the 1st of December 2005, World Resources Institute (WRI), in collaboration with The Climate Group, launched the Green Power Market Development Group Europe at the Eleventh UNFCCC Conference of the Parties proceedings in Montreal. The group will run alongside the Green Power Group US which was launched by WRI in 2000. Companies in the European Group include British Telecom, Holcim, IKEA, Tetrapak, as well as European businesses of The Dow Chemical Company, DuPont, General Motors, Interface Europe, Johnson and Johnson, Nike (CSC) and Staples.

This new effort will help the companies involved to explore opportunities to install renewable energy generation systems such as solar, wind, and biomass at their facilities in Europe, and to purchase green electricity from their utilities.

"As one of the world's largest cement manufacturers, we are exploring ways to reduce our climate impact. Through this initiative we hope to find further opportunities to diversify our corporate energy use with renewable resources," said Gerard Bos, Vice President of procurement for Europe, the Middle East and Africa at Zurich-based Holcim.

The goal of the group is to demonstrate the business case for corporate use of renewable energy, evaluate and deploy a variety of renewable energy technologies and engage the marketplace to take renewable energy to scale.

Europe already has more than 40,000 megawatts of installed renewable power capacity. But to complement the supply-side policies such as feed-in tariffs and renewable obligations that many European countries have enacted, the commercial and industrial sectors need to increase their demand for onsite use of renewable power. For this to occur, companies will need to recognise the business case for switching to renewable energy resources and understand how to deploy and finance renewable energy technologies. The Group seeks to chart this path for corporate energy users.

The World Resources Institute is collaborating with The Climate Group to build awareness and outreach around the initiative - providing networking opportunities and communicating partner success. Steve Howard, The Climate Group's CEO, said: "The launch of the Green Power Market Development Group Europe will demonstrate that companies can reduce their environmental impact whilst still running highly profitable businesses. Green power is a dynamic and exciting part of our low carbon future".

For further information on the initiative please contact Diana Profir on +44 (0) 1932 268 316.

Links:

Click here to visit the Green Power Market Development Group

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