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The world: set to surge?

  • 14/06/2004

QUOTA SYSTEM
The government fixes a quota or percentage of electricity that should come from renewable sources. Electricity suppliers then decide on how they will meet this quota, the kind of renewable technology they will use (except when it is specified), the renewable energy generator from whom they will buy electricity and at what conditions.

Renewable energy generators receive credits, called green certificates, renewable energy certificates or green credits, for the amount of renewable energy generated. These credits are like currency

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