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Friday, April 07, 2023

EU Goes For More New Energy

EU reaches deal on higher renewable energy share by 2030

April 5, 2023 (World Economic Forum)

The European Union reached a provisional deal on 30 March on higher renewable energy targets, an important pillar of the bloc's plans to fight climate change and end dependence on fossil fuels imported from Russia…[Negotiators] agreed that by 2030, the 27-country EU would commit to sourcing 42.5% of its energy from renewable sources like wind and solar, with a potential top-up to 45%...The EU's current 2030 target is for a 32% renewable energy share…The EU got 22% of its energy from renewable sources in 2021, but the level varied significantly between countries.

Sweden leads the 27 EU countries with its 63% renewable energy share, while in Luxembourg, Malta, the Netherlands and Ireland, renewable sources make up less than 13% of total energy use…A rapid shift to renewable energy is crucial if the EU is to meet its climate change goals, including a legally binding aim to cut net greenhouse gas emissions by 55% by 2030, from 1990 levels.” click here for more

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