The EU will deliver the target in the most cost-effective manner possible, with the reductions in the Emissions Trading System (ETS) and non-ETS sectors amounting to 43% and 30% by 2030 compared to 2005, respectively.
A target of about 27% is allocated for the share of renewable energy consumed in the EU in 2030.
It will be fulfilled through member states contributions guided by the need to deliver collectively the EU target without preventing them from establishing their own ambitious national targets and supporting them, in line with the state aid guidelines.
The member states’ degree of integration will also be taken into the account in the internal energy market.
The integration of increasing levels of intermittent renewable energy requires a more interlinked internal energy market and proper back up, which must be coordinated as necessary at regional level.
Renewable Energy Association (REA) said the UK renewable energy industry is looking forward to work with Government to shape the policies that will deliver the country’s share of the EU’s new greenhouse gas target of at least 40%.
REA, however, said it is disappointing that the pan-EU renewable energy target of about 27% will provide a weaker incentive for renewables than the current Member State level 2020 targets.
An indicative target at the EU level of around 27% is set for improving energy efficiency in 2030 compared to estimations of future energy consumption based on the existing criteria.
It will be delivered in a cost-effective manner in line with the effectiveness of the ETS-system in contributing to the entire climate goals.
Image: The European Union has agreed to cut greenhouse gas emissions by 40% by 2030. Photo: Courtesy of dan/FreeDigitalPhotos.net.
