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New website promotes renewables in EBRD region
The European Bank for Reconstruction and Development and the renewable energy
consultancy Black & Veatch have launched a website supporting renewable energy
projects in central and eastern Europe and the former Soviet Union. The
website provides the latest news on renewables in the region and is a venue
through which project promoters can seek EBRD financing for their ventures.
The website, www.ebrdrenewables.com
, is supported by USAID.
The website covers the entire spectrum of renewable energy sources, including
solid biomass, biogas, biofuels, hydro, wind, solar, ocean and geothermal
power. Each of the 27 countries in the region has its own section within the
website, which will include updates on each government’s renewable energy
strategy and other developments.
Developers and investors are invited to bring their renewable energy projects
to the attention of the EBRD, said Peter Reiniger, Business Group Director for
the Bank’s Energy Group. Using the project “submit” feature on the website,
investors and developers can immediately get access to EBRD and they can also
submit their projects for review by Black & Veatch.
In 2003 Black & Veatch completed an EBRD assignment to assess the potential
for renewables in the region. The study identified resource availability,
promising projects, political and regulatory support mechanisms and other
factors affecting the viability of potential renewable energy investments in
the region. A primary result was the identification of significant renewable
energy opportunities in the region and obstacles faced by project developers,
particularly access to information.
Mr Reiniger said, “The most basic barrier to the promotion of renewable energy
is lack of information about projects, regulations and available support. The
website will help us reach out to renewable energy project investors and
developers by providing up-to-date information and bringing project promoters
into contact with the EBRD.”
Business queries:
Peter Hobson or Jan Willem Van de Ven
EBRD
Energy Efficiency Team
Tel: +44 20 7338 6000; Fax: +44 20 7338 6942
Hobsonp@ebrd.com;
VandeveJ@ebrd.com
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