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New PEST analysis on European renewable energy industry released by Indian consultancy firm

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The Indian consultancy, Aruvian's R'search, has released a report examining the European renewable energy industry based on Political, Economic, Social, and Technological (PEST). Identifying PEST influences is a useful way of summarising the external environment in which a business operates.

In recent years, about 19% of global final energy consumption came from renewables, with 13% coming from traditional biomass, like wood-burning. Hydropower was the next largest renewable source, providing three percent, followed by hot water/heating which contributed 1.3%. Modern technologies, such as geothermal, wind, solar, and ocean energy together provided some 0.8% of final energy consumption. “The technical potential for their use is very large, exceeding all other readily available sources,” explains Aruvian's R'search.

This India-based consulting organisation has just published new research analysing the European renewable energy industry in a PEST Framework Analysis. The report is available in electronic and hard formats looks at the renewables industry in the context of climate change and emissions trading schemes (ETS), focusing on issues such as the present-day international carbon market, the emergence of green investment schemes, Clean Development Mechanisms, Member States' National Allocation Plans, the benefits of ETS for partners outside the European Union, the impact of the EU ETS on various industry segments (especially the power sector), and carbon emission containment strategies across the European Union (including output from renewables).

The report rounds off with a country-wide analysis, focusing on France, Germany, Italy, Netherlands, Poland, Slovakia, and the United Kingdom.

For additional information:

European Renewable Energy Industry - PEST Framework Analysis

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