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
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
Recent project approvals have yielded millions of carbon credits linked to the plugging of the US' abandoned wells
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks