The problematic "greening" of European energy

Monday, Aug 12, 2024

Mediapool

EU energy and climate plans are being revised, aiming for higher renewable energy targets by 2030 despite calls for a smoother transition.

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[This is an automatically generated summary, for reference only]

The European Union’s previous plans for greening its energy and economy, announced in 2019, have since been modified towards more ambitious goals. However, during elections for new Parliament members and the Commission, there were discussions about revising these intentions to ensure a smoother transition without excessive financial pressure on consumers. Brussels is currently reviewing changes to the integrated “Energy and Climate” plans of member states, criticizing not only Bulgaria but also other countries for insufficiently ambitious targets regarding the share of renewable energy sources in final consumption. The overall objective for Brussels is to achieve at least 42.5% of energy from renewable sources in the EU’s gross final energy consumption by 2030, with an aspiration to reach 45% in that year.

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