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The EU Has Reached An Agreement On The Target Of 32% Renewable Energy Share By 2030.
- Jun 19, 2018 -

The three party negotiations between the European Commission, the Council and parliament have reached agreement on the revised renewable energy directive (REDII).

According to the European Commission's statement, the new target of renewable energy in 2030 is 32%, and is likely to be adjusted upward before 2023. The European Commission also stressed that eight legislative proposals on the clean energy package in Europe have now reached agreement.

A memorandum issued by the European Commission in November 2016 shows that the EU renewable energy directive, passed in 2009, has a share of only 24% of renewable energy, if the policy is not amended. Against this background, the Committee promised to reach at least 27% in 2016. Today's announcement is far beyond the proposal.

"Renewable energy is good for Europe," said Miguel AriasCaete, a climate action and energy commissioner. Today, Europe is good at renewable energy. This deal is a rare victory for us to work hard to unravel the true potential of clean energy transformation in Europe. This new goal will help us achieve the goals of the Paris agreement, and will translate into more employment opportunities to reduce energy costs for consumers and reduce energy imports. "

"I am particularly satisfied with 32% European goals. Objective constraints will also provide investors with more certainty. I now call on the European Parliament and the Council to continue to negotiate with the same commitment and to complete other recommendations of the European clean energy plan. This will enable us to embark on the right path and achieve the long-term strategy that the Committee intends to put forward by the end of this year. "

From November 2017 to January 2018, the European Commission, Parliament and Council put forward a proposal for renewable energy share in 2030. The parliamentary leadership's proposal was 35%, while the Committee and the Council supported the 27% ratio and the three party entered the negotiations.

Spain and Italy in June 11th called for the realization of the target of three to thirty five percent of renewable energy, increasing the hope of upward adjustment of renewable energy targets. As the ministers of Spain and Italy emphasized, their future position in renewable energy is more positive than previous generations.

Last night's vote was a long-awaited stakeholder in the renewable energy industry. "This deal is a good choice for solar energy," commented James Watson, chief executive of SolarPower Europe. We see a more ambitious goal than expected a few months ago, and it is important that we have a strong framework of self consumption and consumers. When the family woke up this morning, they knew they would have new rights - spontaneous use, energy storage and so on. This is a major achievement.

"We are also pleased to see that the administrative procedures will be streamlined so that new installations can not exceed 1 years - which will greatly reduce the soft cost of solar energy. The agreement also provides countries with the freedom to bid for solar energy, which is a major incentive for the industry and will help to support the deployment of a larger scale of solar energy. On the whole, it is worth celebrating. "

The European Parliament and Council formally approved last night's decision to update the legislative text of renewable energy digesting. As the Council and Parliament are heavily involved in the decision-making process, it is expected that this final step will be passed unhindered.

After the adoption of the new version of REDII, Member States will have 18 months to translate the new directive into national law.