Supported byClarion Energy
HomeSEE Energy NewsRegion: RES draft...

Region: RES draft law confirmed EU’s 2030 target

Doubling the share of solar, wind and other renewable energy in Europe’s energy mix by the end decade a draft of the EU’s Renewable Energy Directive confirms the bloc’s goal of obtaining 38-40 % of energy from renewable sources by 2030. European Commission’s revised Renewable Energy Directive will be presented in mid-July as part of a wider package of laws aimed at meeting the EU’s updated 2030 climate targets. Only two weeks ago, policymakers agreed on a new European climate law that, for the first time, makes the goal of climate neutrality in 2050 a legal obligation for the EU.

The new law also sets an objective of reducing greenhouse gas emissions by at least 55% by 2030 compared to 1990 levels, although that goal will also take into account carbon removals from forestry and land use, making the gross target look more like a 52 or 53 % reduction.

The energy sector contributes more than 75 % of total EU greenhouse gas emissions, and energy efficiency and renewable energy sources are therefore central to the more ambitious climate targets for 2030.

The current Directive was last updated in 2018 and aims for a 32 % share of renewable energy sources in the EU’s energy mix by 2030. Increasing this target to 38-40 % means doubling the share of renewable energy sources, which currently covers about 20 % of the energy needs at the EU level.

 

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

European TTF falls as Hormuz concerns ease, winter risk still in focus

European natural gas prices finished the week sharply lower, with subdued demand and continued storage injections outweighing concerns over LNG flows through the Strait of Hormuz. The easing of Hormuz-related fears coincided with a retreat in market pricing. TTF contract...

EU prepares sustainability labels for data centres above 500 kW

The European Union is preparing a sustainability rating system for data centres with capacity above 500 kW. The initiative aims to provide clearer measures for a sector whose capacity the EU expects to roughly triple within five to seven...

Europe: Brent, TTF gas and CO₂ prices remain high amid Middle East supply risks

On Tuesday, September 15, front-month Brent crude oil futures on the ICE market reached a weekly settlement high of $108.75/bbl. According to data analyzed by AleaSoft Energy Forecasting, this marked the highest settlement price since May 20. Prices subsequently...
Supported byVirtu Energy