London — The European Union will use renewable energy based on Block’s executive committee proposal announced Wednesday to achieve its more ambitious goal of reducing greenhouse gas emissions. We need to increase and reduce energy consumption by 2030.
As part of the climate policy package, the Commission has proposed a review of EU renewable energy regulations. This determines how quickly the block needs to increase its use of energy sources such as wind, solar and biomass energy generated from the burning of wood pellets and chips.
Its purpose is to implement legally binding goals to reduce EU net emissions by 55% from 1990 levels to 2030 and eliminate them by 2050.
The European Commission has set a more ambitious interim goal of increasing its share of renewable energy from about 20% in 2019 to 40% of final consumption by 2030 to reach its 2050 target. Did.
This will replace the previous target of the 32% renewable energy target by 2030. The Commission estimates that the block was on track to achieve it.
“It is ambitious to raise the renewable energy target to 40% by 2030, but it is achievable. Technological advances and reductions in wind, solar and storage costs make renewable energy the most competitive today. It means that there is a certain form of power generation, “said Ignacio Galan, chairman and CEO of Iberdrolla, which develops renewable energy.
“It’s important for all countries to plan and consider processes to ensure that projects are implemented on the required time scale,” he added.
The Commission also proposed stricter rules to classify wood burning energy as renewable energy and determine if it can be counted as a green goal.
Biofuel and thermal power plants with capacities of 5 megawatts (MW) and above are required to meet sustainability standards and achieve significant emission reductions compared to fossil fuel combustion. Biomass plants with capacities less than 20 MW are currently exempt from these requirements.
A set of policies called “Fit for 55” needs to be negotiated by EU countries and the European Parliament. This process can take up to 2 years.
It also aims to save energy, with EU countries setting a goal of reducing energy consumption by 2030 by 9% compared to the energy consumption expected by that date in the current plan.
To reach that goal, countries will need to take steps to reduce final energy consumption by 1.5% each year from 2024 to 2030, nearly doubling the existing requirement of 0.8%.
This can be achieved by insulating the building or installing a more energy efficient heating and cooling system.
In Europe, only 1 percent of buildings are renovated each year to save energy. Brussels hopes that countries will use the EU’s € 800 billion COVID-19 Economic Recovery Fund to launch a wave of green renovations and boost employment in the construction sector.
The European Commission states that all proceeds from carbon permit auctions and domestic CO2 auctions under the EU emission rights trading system need to be directed to green investments, including energy efficiency measures and investments in renewable energies. I did.
The Commission also proposed that the state renovate 3% of the buildings owned or occupied by public bodies each year to turn them into “nearly zero energy buildings”.
Currently, countries need to refurbish 3 percent of central government buildings to weaker standards. Central government buildings make up less than 1% of the EU’s approximately 260 million buildings, while public buildings make up about 10%.