Renewable energy sources must treble
(JB) The government is investing its hopes in hydro, biomass and wind energy in order to meet its 2020 sustainable energy targets.
Economy minsiter Jeannot Krecké outlined that in 2005 only 0.9% of Luxembourg's energy comes from sustainable sources.
In order to reach its 2020 target for 11% sustainable energy use, the country would need to treble its renewable energy consumption.
With nine years remaining, the minister was confident that the country could achieve this goal and listed a number of projects in the pipeline.
Among them is the construction of a wind farm in Binsfield. Energy provider Sociéeté Electrique de l'Our(SEO) received permission to construct five wind turbines at the site in May this year and hopes it will operational by 2013.
The wind farm at Kehmen-Heischent and Gemeng Hengischt are also to be extended, meanwhile other turbines, such as those at Pafebierg and Nachtmanderscheid are to be renovated.
SEO plans to fully exploit its hydroelectricity power station at Schengen as well as the site in Mesenich.
Two future projects have been proposed to produce 10% of the biomass energy the country will need to achieve its national target. These include the Kiowatt centre in Roost and the Kronospan/Enovos in Sanem.
The news came the same day it emerged that energy prices fell in Luxembourg. The Grand Duchy saw its electricity prices drop by 7.1% (17.47 euros per 100kWh) in the second half of 2010, compared with the same period in 2009.
The cost of gas also increased less in Luxembourg (2.4%) than the European average (7.7%), bringing the price to 13.13 euros per gigajoule, according to Eurostat.