COP22: EU to spearhead clean energy transition

 
EU’s ambition is to be in the driving seat of the clean energy transition, EU Commissioner for Climate Action and Energy, Miguel Arias Cañete, said at the COP22 climate summit in Morocco, announcing the package of measures to boost EU’s energy system for late November.

Speaking at COP22 climate summit in Marrakesh, Miguel Arias Cañete, said that it is now clear that the global transition towards a low-carbon and sustainable world is here to stay, warning that the achievements of the last year cannot be a short-lived success.

Arias Cañete said: “We need to do more and go much further if we want to keep global warming well below 2°C and avoid the most dangerous effects of climate change. The EU’s ambition is to be in the driving seat of the clean energy transition, but we know that leadership must be followed by concrete actions.

“Later this month we will be launching our Smart and Clean Energy Package to put energy efficiency first, make the EU number one in renewables and to do so in a cost-effective way that delivers a fair deal to consumers.”

The package of measures expected late November will cover energy efficiency, renewables, a new electricity market design, and ways to boost consumer involvement in the energy transition, according to European Commission (EC).

Measures will focus on the sectors with the biggest potential – including the building sector which accounts for some 40% of the EU’s energy consumption. EC said the EU will aim to boost energy efficient building renovation rates and launch financing instruments like Smart Financing for Buildings.

The Smart and Clean Energy Package will also seek to further entrench the power of renewables in the energy system, according to EC, which stated the EU is already the world’s number one in renewable energy capacity per capita with 0.79GW of renewables for every 1 million citizens in the EU.

It will include initiatives on how to make it easier for consumers to produce their own renewable energy and use it themselves, store it or sell it back to the grid, and on fostering more competition in the retail market and promoting a flexible and well connected electricity market.

“It is now important that we move ahead with resolution and in a constructive spirit to develop the detailed rulebook of Paris and make good on our promises,” Arias Cañete added.