The Climate Change and the urgent needs to reduce emissions in line with the Kyoto Protocol are posing major challenges to countries across the World.

The development of renewable energy, the reduction of green house gases and the targets set on energy efficiency represents

• A reduction of at least 20% in green house gases (GHG) by 2020
• A 20% share of renewable energies in EU energy consumption by 2020
• 20% saving of EU energy consumption by 2020 compared to projected 2020 energy consumption

The 2020 target for renewable is very ambitious compared to current levels, and will be legally binding for the Member States. In order to achieve these targets member states will have to introduce the necessary mandatory schemes in order to allow market based compliance possibilities to market participants.