Page 21 - Risorse_Energetiche_Favignana_2005

Proposal APERTURES. PART B Priority6.1.3.1.1.2 - FP6-2005-TREN-4 p 19 of 49
Global Economical Impact :

Importance of Islanded Communities :
With almost 10% of the world’s population – some 550 million people - live on islands; some 25% of the
world’s sovereign states consisting of island or archipelagic territories & most of the rest having island
sub-national units. European Union has also a European Small Island Network
EU main island areas (Mediterranean)
o Balearic islands
o Corsica
o Croatian islands
o Cyprus
o French islands (mediterranean)
o Greek islands
o Italian islands
o Malta
o Sardinia
o Sicily
EU main island areas (Baltic)
o Aland
o Bornholm
o Finnish islands
o Gotland
o Hiiumaa
o Oland
o Saaremaa
o Swedish islands

Importance of RES for Europe:Europe is global leader in RES development

Its economy today represents 200.000 jobs & annual turnover of 15 billion €
The European Parliament recently called for an integrated approach to energy policies that will give
renewables a 25% share by 2020. It plans to :
o RES investment of 443 billion € in the period 2001-2020
o 115,8 billion € of cumulative avoided fuel cost reduction in EU15 (2001-2020)
o 728 million tons/year of CO2 emission reduction in 2020
o Creation of more than 2 million full time jobs until 2020

Evidential contribution of the RES to the economic impact is :
o Security of supply - independence from energy imports
o Protection of environment –(reduce greenhouse gas emissions)
o Regional and local development -Industrial development & Employment
But some barriers to RES development are :
o Problems with grid connection
o Low recognition and remuneration for the benefits of “embedded” generation
Among those barrier removal options , the implementation of mechanisms to secure and accelerate the new
markets is necessary.

The project , by its innovative solutions relating to RES grid connection, and as showcase of a future usage of the
technology, will be :
o securing and accelerating the pace of the expected new markets ie helping to achieve the goal of
of RES contribution to electricity production to more than 33 % in 2020
o facilitate in a modest way to the objectives of 2020
o contribute to the partner’s communities RES policies as project and post project showcase of a mixed
fossil fuel/RES/storage energy source and for take-up by the stakeholders.
That is why the contribution of the European Commission and the partners contribution will have a very
important multiplying effect and impact on the whole European economy and its RES policies.