The European Commission has taken the first steps towards developing a 2030 framework for energy and climate change policies. It has adopted a Green Paper on the content of the framework, and has released a Consultative Communication on the future of carbon capture and storage (CCS) in Europe. The Commission has also adopted a report assessing Member States’ progress on 2020 renewable energy targets. Read more…
The Green Paper, the Consultative Communication and the adoption of the renewable energy progress report are all regarded as important steps towards developing the 2030 framework, particularly in attracting the necessary investment. The EU Commissioner for Energy, Günther Oettinger, and the Commissioner for Climate Action, Connie Hedegaard, have both indicated that it will be vital to provide clarity for investors and companies, which is essential for achieving sustainable growth and greater energy security.
The Green Paper, which is being put out to stakeholder consultation until 2 July, raises a number of key issues. These include the type and level of energy and climate targets, coherence between the various policy instruments, and how different Member States’ capacity to act should be taken into account. The Consultative Communication on CCS identifies barriers that have prevented the technology from developing as previously predicted in 2007, discusses options, and invites suggestions on the role of CCS in Europe. Stakeholder views on both will feed into the Commission’s framework proposals, due at the end of the year.
The renewable energy progress report indicates that legally binding renewable targets have resulted in strong growth within the sector up to 2010. It says that to meet the 2020 targets, further effort and investment will be needed in areas such as creating certainty for investors and clarity of planning.
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