Portraits: “I Came to See What Will Happen with CO2 and Energy Policies”

Posted on 10 December 2009 by editor

 

 

 

Peter Sprengers, analyst with Norwegian company Statkraft. Credit: Claudia Ciobanu/IPS

Peter Sprengers, analyst with Norwegian company Statkraft. Credit: Claudia Ciobanu/IPS

Peter Sprengers is a Carbon Business Analyst with Norwegian company Statkraft, Europe’s largest renewable energy company. Statkraft invests in hydro and wind power and in the novel osmotic power (the energy retrieved from the difference in salt concentration between sea water and river water).

 

“I came to Copenhagen to get a feeling about what is going to happen with CO2 and energy policies, because it has a huge impact on our business,” Sprengers told IPS.

“We are also trading in the carbon market. We are using CDM, developing projects in South Africa and in other countries in the world, and we get credits for them, so developments in the carbon market and the changing of the rules is very important for us,” he added.

Sprengers says he did not come to Copenhagen to lobby or to make an impact because he does not think he can have an impact. “The main decision-makers are the US and China at the moment,” he believes.

“I fear that the carbon market is becoming more and more complex,” Sprenger says. “What we were hoping for a few years ago was a global CO2 market, so all countries trade under one regime, but now it looks like it’s becoming more fragmented with different regimes in place.

“You have CDM and JI, but in the future there will be more new mechanisms. It is becoming so complicated that no one understands how it works.”

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