Schlagwort: electricity market

Investments in wind energy are down – Europe must get market design and green industrial policy right

Wind- and Solarenergy

In March the EU Commission will table its proposal for a revision of the EU electricity market design to enable electricity consumers to benefit from the low costs of renewable power. Europe must avoid reversing 20 years of European energy market integration overnight. 

No gold medal for Europe in renewables without more ambitious policies

Europe number 1 in renewables? Successful energy transition? Not without more ambitious policies, innovation and electrification, according to a new WindEurope report.

‘Making Transition Work’ outlines a number of specific policy recommendations for Europe’s decision makers to ensure the EU meets its energy and climate goals over the next two decades.

First, the EU should raise its ambition to at least 30% of renewables in final energy consumption by 2030. Second we need continued innovation to reduce costs and support the integration of renewables in the energy system. Third, electricity markets need further reform: to make them fit for more renewables and provide the necessary conditions for investment. And we need to push the electrification of heating, cooling and transport with power playing an important role in reaching the European climate and energy targets.