The Commission welcomed the provisional agreement reached today between the European Parliament and the Council to reinforce the EU Renewable Energy Directive.
The agreement raises the EU’s binding renewable target for 2030 to a minimum of 42.5%, up from the current 32% target and almost doubling the existing share of renewable energy in the EU.
Negotiators also agreed that the EU would aim to reach 45% of renewables by 2030.
The agreement reaffirms the EU's determination to gain its energy independence through a faster deployment of home-grown renewable energy, and to meet the EU’s 55% greenhouse gas emissions reduction target for 2030.
A massive scaling-up and speeding-up of renewable energy across power generation, industry, buildings and transport will reduce energy prices over time and decrease the EU’s dependence on imported fossil fuels, the press release of the European Commission says.
Alex Shishlo for Rough&Polished
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