Thursday, May 23, 2019

Europe: EU Wants to Set Renewable Energy Target of at Least 32% by 2030

Joint Position: Renewable energy associations’ joint messages on the draft National Energy and Climate Plans (EGEC)


The Clean Energy Package sets a renewable energy target of at least 32% by 2030. For investors, this target is the minimum to keep momentum going in the fast-growing sector that is the renewable energy industry. Meeting this target is necessary for Europe to reap the economic benefits resulting from a clean and efficient energy system by 2050. This will strengthen European competitiveness at the global level boosting domestic jobs and growth.