Electricity transition in the European Union
Despite concerns that Russia’s war in Ukraine might mean a return to more fossil fuels, most countries in the European Union are laying out more ambitious plans to boost renewables.
Nineteen of the EU’s 27 member states have announced more ambitious medium-term plans in response to the war and soaring fossil fuel prices, according to a new report from Centre for Research on Energy and Clean Air, an independent research group based in Finland, and Ember, a UK energy “think tank”.
The report, published yesterday, said that compared to their plans in 2019, EU countries have slashed the total amount of power they are aiming to source from fossil fuels by 2030 by almost a third. Instead of sourcing 55% of electricity from renewables, as previously planned, EU countries are now aiming to achieve a 63% share by 2030, the report said. As of January 2022, the EU was sourcing 22% of its energy from renewables.