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.
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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”.