Sunday, October 1, 2023
HomeRenewablesSolarPower Europe calls on the Commission to increase the EU’s renewable energy...
Powered by

SolarPower Europe calls on the Commission to increase the EU’s renewable energy target

Brussels-based member-led association SolarPower Europe unveiled its key recommendations to the European Commission on the revision of the Renewable Energy Directive (RED II).

Delivering a truly green recovery requires bold commitments and SolarPower Europe is calling on the Commission to increase the EU’s overall renewable energy target, such that by 2030, at least 45 per cent of final energy demand comes from renewables.

Increasing the EU’s renewable energy ambition is essential for meeting the climate and energy targets of the European Green Deal. Reaching a level of renewables of at least 45 per cent would put the EU on a cost-effective trajectory towards achieving climate neutrality by 2050 and is consistent with the 1.5°C temperature limit of the Paris Agreement.

“The EU and its Member States must increase 2030 renewable energy ambitions in order to achieve Commission President Von der Leyen’s bold vision of global climate leadership,” said Walburga Hemetsberger, CEO of SolarPower Europe. “Solar, as the lowest-cost, most versatile, scalable and innovative renewable energy technology, is a key European driver of this energy revolution. This scale-up in ambition must go hand-in-hand with a European Solar Initiative to boost the deployment of solar across the EU.”

A study from April 2020 from SolarPower Europe and LUT University, 100 per cent Renewable Europe, demonstrates that such an increase is not only feasible, but that solar could deliver the bulk of clean energy as it has become the most cost-competitive energy source in history. This is in line with statements from IEA Executive Director, Dr Fatih Birol, who announced in September 2020 that solar growth would be exponential in the next five years, with solar becoming Europe’s largest installed capacity by 2025.

To remain on the trajectory of a decarbonised European energy system, SolarPower Europe estimates that total solar installed capacity should reach at least 700 gigawatts (GW) by 2030: this is more than double the amount that Members States’ NECPs currently foresee. As the installed capacity currently amounts to 137 GW, reaching the 700 GW level will require the deployment of 563 GW in the next decade.

“The Fit for 55 Package is a unique opportunity to significantly strengthen the solar sector’s position at the core of the European Green Deal,” added Aurelie Beauvais, Deputy CEO and Policy Director of SolarPower Europe. “A key enabler of this ambition will be renewable hydrogen, which can play a strategic role in decarbonising the entire energy system. The creation of additional jobs in the renewable industry resulting from further deployment of renewable hydrogen at the scale required to achieve this vision will support the EU’s industrial leadership in future-proof clean energy technologies.”

“To achieve this ambition and while direct electrification remains the most cost-efficient solution to reduce emissions in the next decade, it is essential to carry out a robust assessment of the actual needs for renewable hydrogen in the short- and medium-term,” she continued. “Avoiding lock-in effects must be a priority. For this reason, we strongly call on the Commission to focus market-pull policies exclusively towards renewable hydrogen solutions.”

Sign up for our newsletters

    Monthly newsletter – Delivering the most important energy stories of the month selected by our Editor-in-chief
    Weekly Oil&Gas roundup - All major news about the oil and gas industry, LNG developments, the upscaling of new gases and related EU regulations arriving in your mailbox every Monday.
    Weekly Renewables&Climate roundup - All major news about investments in renewable energy sources, environment protection, green hydrogen and new innovative ways to tackle the climate crisis arriving in your mailbox every Tuesday.

    Most Popular