Increasing the use of renewable energy sources has multiple benefits for society. Not only does it reduce greenhouse gas and other air pollutant emissions, but it also promotes the security of energy supply while reducing dependency on fossil fuel exports and ensures the availability of sustainable energy at affordable prices. In addition, renewable energy sources play a fundamental role in enabling technology and innovation leadership while providing environmental, social and health benefits. Thus, both FEDARENE members and the European institutions acknowledge the pivotal function of renewable energy sources in the shift towards clean energy.
“Fit for 55” proposed by the European Commission suggests reaching 40% renewable energy sources by 2030, doubling the 2020 target of 20%. The strategy is part of the EU’s overall scheme of achieving 55% emissions reduction by 2030 and net-zero emissions by 2050. Yet, the current pace of the energy transition is not enough to realise the 40% target. This means every Member State needs to adopt measures that significantly accelerate the expansion of renewables in less than 10 years.
Successfully achieving these targets depends on the further calibration of existing policy frameworks and improved market conditions for grid access to renewable sources. Better and more integrated planning is needed to enable high efficiency of investment and an accelerated pace of development. Accordingly, the market penetration of renewable energy sources should minimise the environmental impact within and outside the EU.
FEDARENE is supporting the European and regional initiatives of its members on renewable energy sources to ensure the achievement of these targets.