New support for Europe’s green transition
The European Commission will propose a number of new laws this summer and fall that are set to boost investment in renewable electricity and green hydrogen, reports Andreas Walstad in Brussels.
The Revised Renewables Directive (RED lll) under the “Fit for 55” package, set for release in July 2021, is expected to see the 2030 renewables target increased to at least 38% to 40% in final energy consumption, up from 32% currently. This is to better align the target with the EU’s goal of reducing greenhouse …
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