Wednesday, November 14, 2018

Europe: EU Clean Energy Package Sets 32% Binding Target for Renewables in 2030

Renewable, Energy Efficiency and Governance Directives voted by the European Parliament allow development of geothermal energy beyond 2020 (EGEC)

Framework allows for the accelerated development of geothermal energy - EGEC

The European Geothermal Energy Council (EGEC) welcomes the adoption of the Renewable Energy Directive, the Energy Efficiency Directive and the Governance Regulation by the European Parliament today. The new legislations will be the basis for the European climate and energy regulatory framework after 2020. While they do not quite point to the right level of ambition, they lay out a framework that allows the accelerated development of geothermal energy.

The EU Clean Energy Package sets a 32% binding target for renewables in 2030, and a – regrettably indicative – target of 32.5% energy efficiency improvements.

EGEC was among the few organisations openly advocating for binding ambitious targets for renewable energy and energy efficiency, an attestation of their complementarity.

The new set of legislations also includes a sectorial obligation to increase by 1.3 percentage point the share of renewables in heating and cooling at the national level annually.

Philippe Dumas, EGEC Secretary General commented “The introduction of a sectorial obligation to increase the penetration of renewable heating and cooling is a positive signal for geothermal and lets us expect that strong policies will be implemented to decarbonise a sector which represents nearly half of the EU’s energy demand”.

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