The renewable energy sector calls on EU Member States to support the creation of an installation target for innovative renewable energy in the Renewable Energy Directive.

BRUSSELS, 13 July 2022. Sky-high energy prices underlining Europe’s dependence from imported fossil sources and another summer of extreme weather have highlighted the need to speed up the transformation of our energy system towards one fully based on renewables. Scaling up next-generation renewable technologies and bringing them to market quickly will be essential in providing Europe and the world with clean, affordable energy.

Today’s vote on the Renewable Energy Directive by the European Parliament’s Committee on Industry, Research and Energy (ITRE) is important in putting forward:

• a new indicative target for innovative renewables set at 5% of all renewable energy capacity installed between the entry into force of the revision to the Directive and 2030;
• National Energy and Climate Plans as the vehicle for Member States to set out the policies that will deliver innovative renewables;
• an increase in the ambition of the EU’s overall renewable energy target to 45% of gross final consumption of energy by 2030 and a higher target for the increase of RES use in the industrial sector combined with an emphasis on Heating and Cooling Purchase Agreements.

This move has widespread support. The industry and research actors signing below welcome the European Parliament’s initiative and call on Member States to back these ideas during inter-institutional negotiations in the autumn.

Read the full press release here.