The European Council (EC) yesterday reached an agreement on a revision to its Renewable Energy Directive (RED) as part of its ‘Fit for 55’ package that has increased its renewables targets and called for accelerated permitting for clean energy projects.
The EC agreed to set a new binding EU-wide target of 40% of energy coming from renewable sources in the overall energy mix by 2030, up from the previous 32% target. Energy production and use account for 75% of the EU’s emissions, the EC said.
It said yesterday’s agreement was a “significant contribution” toward achieving the EU’s overall goal of reducing net greenhouse gas emissions by at least 55% by 2030 compared to 1990 levels.
