Illustration/French developer Sabella deploying its tidal energy turbine (Courtesy of Ocean Energy Europe)

European Parliament nods ‘yes’ to increase the use of renewable energy

Regulation & Policy

The European Parliament has voted to boost the deployment of renewable energy, setting the goal of increasing the share of renewables in the EU’s final energy consumption to 42.5% by 2030.

Source: Ocean Energy Europe

The members of the European Parliament (MEPs) have agreed on increasing the share of renewables in the final EU’s consumption, in line with the Green Deal and REPowerEU plans, as part of the update to the Renewable Energy Directive (RED).

In addition to the new target of 42.5%, it was agreed that the member states should aim to achieve 45% of renewable energy in their final consumption.

The legislation will also speed up procedures to grant permits for new renewable energy power plants, such as solar panels or wind turbines, or to adapt existing ones.

According to the agreement, national authorities should take no longer than 12 months to approve new renewable energy installations, if located in so-called ‘renewables go-to areas’. Outside such areas, the process should not exceed 24 months.

In the transport sector, renewables deployment should lead to a 14.5% reduction by 2030 in greenhouse gas emissions, by using a greater share of advanced biofuels and a more ambitious quota for renewable fuels of non-biological origin, such as hydrogen.

MEPs also secured that member states set an indicative target for innovative renewable energy technology of at least 5% of newly installed renewable energy capacity, as well as a binding framework for cross-border energy projects.

Lead MEP, Markus Pieper, said: “In our pursuit of greater energy independence and CO2 reduction, we have raised our renewable energy targets. This directive is evidence that Brussels can be unbureaucratic and pragmatic.

“We have designated renewables as an overriding public interest, streamlining their approval process. Our focus encompasses wind power, photovoltaics, hydropower, geothermal energy, and tidal currents.

“Biomass from wood will remain classified as renewable energy. Under the principle of ‘Positive silence’, investments will be deemed approved in the absence of administrative feedback. We now urgently need an EU electricity market design and an immediate shift to hydrogen for a greener transition.”

The legislation was adopted with 470 votes to 120, with 40 abstentions. It will now have to be formally endorsed by the European Council in order to come into law.

The legislative revision stems from the ‘Fit for 55’ package, adapting existing climate and energy legislation to meet the new EU objective of a minimum 55% reduction in greenhouse gas (GHG) emissions by 2030 (REDIII).

The proposed targets were further raised under the REpowerEU package, which aims to cut European dependence on fossil fuel imports from Russia, following its aggression in Ukraine.

Subscribe and follow

Offshore Energy – Marine Energy LinkedIn