EU nations reach deal on renewables target
Agreement comes after the European Commission allows nuclear power to contribute to-wards target
EU nations have reached a final agreement on the 42.5pc share of renewable energy in final energy consumption by 2030, replacing the bloc's 32pc target for that date. The agreement came after the European Commission acknowledged that nuclear power can be used towards the goal. This had been a key obstacle in negotiations for nations such as France that rely heavily on nuclear. “I welcome this ambitious European agreement obtained on the Renewable Energy Directive [Red],” says French minister for the energy transition Agnes Pannier-Runacher. “Europe now recognises the role of nuclear alongside renewables in achieving our decarbonisation goals.” Ammonia exemption The agreement—which updates th
Also in this section
19 December 2024
The utility-scale battery energy storage system market is evolving rapidly, with diverse offtake models emerging to offer bespoke, flexible contracting solutions
13 December 2024
Prices in world’s largest compliance market have risen this year but remain below those seen in the EU
11 December 2024
Policymakers need to step up with a long-term, global strategy if the energy transition is ever to be a success
11 December 2024
CCUS and other carbon management technologies are gaining traction around the world, but heightened policy risk and other pressures will make 2025 a challenging year in some regions