![]() ![]() The focus is especially on countries rich in solar and wind energy. Here the interconnectivity of the European electricity area with neighbouring countries and regions gains importance. Hence, importing renewable produced electricity could contribute to stabilising power grids and reaching climate targets. It is highly uncertain, however, whether the higher demand for green energy can be supplied from within the EU. In light of the envisaged electrification of the heating, traffic and industrial sectors, demand for electricity will rise dramatically. The Commission proposes updating the Renewable Energies Directive (RED II) and to raising its current 2030 target of reaching a 32 percent share of renewables in the EU’s overall energy mix to 40 percent. A key element of the EU’s climate policy and energy transition framework is the expansion of renewable energies. The proposals contain stricter prescriptions and emissions standards for the industry higher carbon pricing a tightening and expanding of the EU emissions trading system and massive investments in renewable technologies and energy efficiency, as well as decarbonisation of the natural gas sector. In July and December 2021 the European Commission suggested measures ( “Fit for 55”) to implement its 2030 climate targets. On their way to climate neutrality, EU member states will undergo a fundamental transformation towards the most carbon-free economy possible in the years ahead.Īccording to Eurostat (2020 data), fossil fuels still play a key role in Europe’s energy mix (34.5% petroleum products, 23.7% natural gas, 17.4% renewables, 12.7% nuclear energy, 10.2% solid fossil fuels). ![]() These milestones were jointly agreed by all member states in the Green Deal that Commission President Ursula von der Leyen presented to the European Council on 11 December 2019, and were then anchored in the European Climate Law. By 2030 it aims to reduce its greenhouse gas emissions to at least 55 percent below 1990 levels its climate neutrality deadline is 2050. The EU has set itself ambitious climate and energy policy targets. ![]()
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