European Union

/7th June 2019, EURACTIV, Sam Morgan, RENEWABLE MARKET WATCHTM/ While Germany and Eastern European countries continue to oppose raising the EU’s 40% emission reduction target for 2030, a new analysis insists the bloc will actually manage at least 50% cuts under a business-as-usual scenario taking into account the latest coal phase-out pledges.

/23rd April 2019, European Commission, RENEWABLE MARKET WATCHTM/ The European Commission has approved, under EU State aid rules, a scheme to support electricity production from renewable energy sources in Lithuania. The measure, open to all types of renewable generation, will contribute to the EU environmental objectives without unduly distorting competition. The scheme, with an overall budget of €385 million, will be open to all renewable installations.

/17th April 2019, Brussels, EU Commission/ The European Commission (EC) is releasing €750 million of funding for key European energy infrastructure projects with major cross-border benefits. The EU funding comes from the Connecting Europe Facility (CEF), the European support programme for trans-European infrastructure. This represents a crucial element of the Energy Union, one of the political priorities of the Juncker Commission. The 2019 CEF Energy call for proposals will be open until 13 June 2019. To apply for CEF Energy funding, projects must first be designated Projects of Common Interest…

/15th June 2018, Bariloche, Argentina, EU Commission/ The G20 Energy Ministers meeting takes place in Bariloche, Argentina on 15 June 2018. The European Union, as a member of the G20, is represented by the European Commission. Under Argentinian presidency, this year's theme of the ministerial is 'Energy Transitions Towards Cleaner, More Flexible and Transparent Systems'. Delegates from G20 member and guest countries, as well as international organizations, discuss public policies to help promote the transition towards more flexible, more transparent and cleaner energy systems. The EU stresses the need to…

/14th June 2018, Strasbourg, EU Commission/ An ambitious political agreement on increasing renewable energy use in Europe was reached today between negotiators from the Commission, the European Parliament and the Council. Today's deal means that two out of the 8 legislative proposals in the Clean Energy for All Europeans package (adopted by the European Commission on 30 November 2016) have been already agreed by the co-legislators. On 14 May, the first element of the package, the Energy Performance in Buildings Directive, was adopted. Thus, progress and momentum towards completing the…

/11th June 2018, EU Commission, RENEWABLE MARKET WATCHTM/. Following the 2018 CEF Energy Work Programme's adoption in March 2018, the second call for energy proposals under the Connecting Europe Facility (CEF) for 2018 has opened today. The European Commission will release €500 million of funding for energy infrastructure projects that plan to strengthen the EU's internal energy market, enhance energy supply security, and help provide clean, sustainable energy for Europe.

/30rd April 2018, RENEWABLE MARKET WATCHTM/ Investment in solar photovoltaic (PV) power capacity is growing in Europe, and, although utility-scale solar photovoltaic (PV) power plants with capacity above 1 MW continue to dominate the market, distributed solar is also growing rapidly. There is clear trend solar photovoltaic (PV) sector’s growth in Europe is moving towards self‑consumption and net metering according to recently published report Europe Net Metering and Self-Consumption Solar PV Market Outlook 2017 - 2026. According industry analysts of Renewable Market Watch™, this trend may be expected to continue,…

/29th April 2018, EU Commission, RENEWABLE MARKET WATCHTM/. EU Member States agreed on the Commission's proposal to invest €873 million in key European energy infrastructure projects. Europe's transition to a clean and modern economy is the goal of the Energy Union, a priority of the Juncker Commission. It is now becoming the new reality on the ground, and one important building block is adapting the European infrastructure to future energy needs.

/28th February 2018, RENEWABLE MARKET WATCHTM/. For more than two decades, the European Union (EU) has been at the forefront of global renewable energy deployment. The adoption of long-term targets and supporting policy measures has resulted in strong growth in renewable energy deployment across the region, from a 9% share in gross final energy consumption in 2005 to 16.7% in 2015.