Renewable energy: ambitious targets for Europe European Parliament
The current energy crisis, aggravated by Russian aggression in Ukraine, has highlighted the need to reduce the EU’s dependence on Russian fossil fuels and to diversify and secure the EU’s energy supply by opting for greener alternatives, such as renewable energies. At the same time, the EU wants to lead the green transition to counteract the climate crisis.
The EU’s ambitious climate efforts are embodied in the “Target 55” package. The EU’s goal is to reduce greenhouse gas emissions by 55% by 2030 and to achieve climate neutrality by 2050. One of the measures in the package is to update the EU’s renewable energy directive to increase the share of renewables in EU energy production from the current target of 32% by 2030. In September 2022, the European Parliament called for raising the renewables target to 45%, a goal also supported by the Commission.
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The REPowerEU Plan, presented in May 2022, stresses the need to accelerate the transition to clean energy and phase out energy imports from Russia by increasing the share of renewables in power generation, industry, buildings and transport to 45% by 2030.
The European Parliament will vote on a new regulation on renewable energy, energy efficiency and energy performance of buildings in the December plenary session. It is expected to include accelerated permitting for new or retrofitted renewable energy plants, including solar panels and wind turbines.
