STATEMENT: Energy companies call for a binding EU 2030 renewables framework

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30 November 2012

Coalition of energy companies calls for a binding EU 2030 renewables framework
EU Energy Ministers should support a strong ETS and renewables targets

Brussels, 30 November 2012. The Coalition of Progressive European Energy Companies* calls upon EU Energy Ministers to support continuation of targeted and ambitious renewables policies and measures towards 2030, such as new binding targets. Alongside strengthening the EU ETS and modernising energy infrastructure - including the distribution grids needed to integrate the vast majority of renewable electricity – such measures are essential to bridge the policy gap between 2020 and 2050, to allow the renewables industry to mature and to reach cost competitiveness. In the absence of targeted measures, the EU puts at risk the renewable growth needed to create a sustainable and affordable pathway to the EU’s 2050 decarbonisation objective.

On Monday (3 December) - during an Energy Council meeting in Brussels - EU Energy Ministers will discuss the European Commission’s proposal ’Renewable energy: a major player in the European Energy Market’, which will lay the basis for future EU policies on renewables. The Coalition urges Ministers to use this opportunity to invite the Commission to work on a post 2020 energy strategy, centred on binding and ambitious renewables measures and a strong EU ETS.

The results of the Commission’s Impact Assessment back an EU-2030 Renewable Energy target, assuming that, compared to other policy options, it would lead to more economic growth, fewer fossil fuel imports, more innovation for all technologies and greater competitiveness for Europe. In this respect, the Coalition supports Commissioner Oettinger´s public suggestion to introduce such a target at the European level.

It is clear that the binding 2020 renewables target has worked – in the absence of a robust carbon price – driving economic growth and increasing security of energy supply. Therefore such an effective policy framework should be extended to 2030, to allow the maturing European renewable industries to continue to become more cost-effective. However, in the absence of a clear renewable policy direction to 2030, the successful development of European renewables industries and the EU decarbonisation agenda is put at risk and exposed to industrial stagnation at a vital point in time.

The EU ETS should drive investments and thus be an important policy instrument for supporting the deployment of renewables post 2020. But the ETS price signal has proven highly insecure so far and insufficient to drive renewables expansion. Therefore the Coalition believes a 2030 framework should focus on both appropriate measures to strengthen the EU ETS and binding renewables measures, such as a target.


*The Coalition of Progressive European Energy Companies consists of EWE (Germany), Acciona (Italy), SSE (United Kingdom), Eneco (the Netherlands), DONG Energy (Denmark), Public Power Corporation (Greece), ACCIONA (Spain), EDP Renewables (Portugal) and Stadtwerke München (Germany). 


For more information contact: 
Bas Batelaan (SSE)
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