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Several EU countries want 35% renewables target, Germany is cautious

License: CC0 Creative Commons

June 12 (Renewables Now) - WindEurope is welcoming news that a number of European countries are supporting a renewable energy goal for 2030 as high as 35%, but it points out that having the right measures in place to reach the target is of huge importance.

On Monday, the 28 EU energy ministers were in Luxembourg for a meeting. Spain, Lithuania, Sweden, Italy and Portugal emerged as supporters of a 35% target, while other countries also demanded a more ambitious goal than the council’s original proposal for 27% renewable energy. The Energy Council is now more ready to accept targets of 30-31% or 32-33%. Germany, meanwhile, is calling for “responsible but achievable targets”.

WindEurope calculates that the difference between 27% and 35% is EUR 92 billion (USD 108.4bn) of investments in wind energy alone. .Still, it says that no matter if the final target is more or not so ambitious, European countries will need to prepare well in advance and follow their schedules for renewable energy auctions to give investors visibility.

“Having clear national commitments to the volumes, timing and budget for renewable energy auctions for at least three years ahead is the surest way for Europe’s supply chain to deliver on the target cost-effectively,” the trade body said today. CEO Giles Dickson also pointed out that the Clean Energy Package also presents a great opportunity to make sure all renewable electricity can be tracked with Guarantees of Origin (GOs) as consumers seek traceability.

“In fact, we need both: high targets and credible, strong measures to implement them, if we are serious about advancing the transition to clean energy in Europe,” said WWF EU. “To be in line with the Paris Agreement, the EU must increase its overall effort, as well as improve actions in all sectors, as soon as possible,” the conservation organisation added.

Tomorrow, June 13, the European Parliament, European Council and European Commission are expected to reach an agreement on the EU’s clean energy laws -- the Renewable Energy Directive, the Energy Efficiency Directive and the governance of the Energy Union.

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Browse all articles from Tsvetomira Tsanova

Tsvet has been following the development of the global renewable energy industry for seven years now. She's got a soft spot for emerging markets.

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