European Union to increase renewable energy sources to 40pc by 2023

European Union (EU) energy ministers agreed on Monday to increase the share of European energy consumption from renewable sources such as solar and wind to 40% by 2030.

LUXEMBOURG – European Union (EU) energy ministers agreed on Monday to increase the share of European energy consumption from renewable sources such as solar and wind to 40% by 2030.

The legally binding target, previously set at 32%, is part of the EU’s ambition to reduce greenhouse gas emissions by 55% by 2030 compared to the 1990 baseline.

This would pave the way for the goal of net zero carbon emissions in Europe by 2050.

Energy ministers meeting in Luxembourg also agreed to reduce total EU energy consumption by at least 9% by 2030 compared to 2020.

French Energy Transition Minister Agnès Pannier-Runacher welcomed the deal, which is currently being negotiated with the European Parliament – ​​which has yet to finalize its position on the targets.

The goals “will also help us reduce our energy dependence on Russia linked to the war in Ukraine”.

  • AFP
RosGwen24 News
RosGwen24 News
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