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Brussels shields its plan to promote renewables and achieve energy sovereignty

Date: June 4, 2023 Time: 01:05:42

The long process of negotiations for another green regulation between the Parliament and the European Commission is coming to an end. After weeks of meetings, this Thursday the green light was given to the provisional political agreement between the two entities, with which they agree to strengthen the legislation to accelerate the development of renewable energies, in addition to breaking with the energy dependence that the current continent ties to the continent. As La Información has been able to confirm with EC sources, this is the final product after a series of proposals that were made in conjunction with the institutions.

Years ago the Commission proposed the so-called ‘Renewable Energy Directive’, which laid the foundations for a European energy transition: to increase the share of renewable energy in total EU consumption by 20% by the year 2020. Time after this 32% to arrive in 2030 .5% for the year 2030.

Other countries, such as Spain, will have an additional indicative supplement of 2.5% with which they can reach a 45% share. On the other hand, it raises the importance of energy consumption and establishes indicative objectives of reaching a 1.6% annual increase in the use of renewables or reaching 42% of renewable hydrogen in total hydrogen consumption in the industry by 2030. It also reinforces the use of renewables in transport by a 14.5% reduction in the intensity of greenhouse gases or 29% of their share in final energy consumption.

They want a higher share of renewables to achieve a decarbonised economy and a more sustainable use of bioenergy in line with ambitious climate targets. In this last area, criteria will be applied to installations that are smaller than normal, that are equal to or greater than 7.5 MW), decreasing it from the current 20 MW. The plan emphasizes guaranteeing that forest biomass does not come from certain areas and the financing of energy projects that include the use of forest material will be prohibited.

The path of green legislation

In order to reach this consensus, various projects were presented. ‘Fit for 55’ was one of the first documents to be published and it is a European legislation that seeks to reduce EU emissions by at least 55% by 2030. The next idea was the ‘European Green Deal’ to transform the European economy into a modern, efficient and competitive one in terms of resources. Between both, the Commission proposes a revision of the directive so that it increases at least 40% of its green commitment.

Last year, due to the global context caused by the Ukraine-Russia War, he decided to launch the ‘REPowerEU Plan’. The latter has become one of the most prominent and proposed in the long term, because it aims to reduce Europe’s energy dependence on Putin. The institution has explained to this newspaper that the pact seeks to step on the accelerator in the recovery of energy sovereignty.

The European entities decided to modify these proposals again a few weeks ago in order to shield their green plan at 2030 and 2050. points and an agreement was reached. Now we have obtained the final product as a whole that must be approved”, they indicate. Although they assure that there is still no specific date for its publication, it is expected that in the coming weeks it will already have been voted on and a majority of approval will be achieved in Parliament and the EC so that it can be published as a legal text in the Official Gazette.

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.
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