EU Climate and Energy Policy Framework: EU Renewable Energy Policies

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1 EU Climate and Energy Policy Framework: EU Renewable Energy Policies Buenos Aires May 2015 Dr Stefan Agne European Commission DG Climate Action Energy 1

2 EU Climate and Energy Policy Framework 2

3 Agreed headline targets 2030 Framework for Climate and Energy % Greenhouse Gas Emissions 20% Renewable Energy 20% Energy Efficiency 10% Interconnection % Greenhouse Gas Emissions 27% Renewable Energy 27%* Energy Efficiency * to be reviewed by 2020, having in mind an EU target of 30% 15% Interconnection New governance system + indicators 3

4 Climate and energy: where do we stand? GHG: -20% Reduce Greenhouse Gas Emissions levels by 20% Renewables: 20% Increase renewables share in final energy consumption to 20% Energy efficiency: 20% Reduce energy consumption by 20% Reductions in 2012: -18% Share in 2012: 14.1% ~ % 2020 Projection 2020 Targets 2020 Projection 2020 Projection 4

5 EU Renewable Energy Policies 5

6 Three good reasons for renewable energy policy Sustainabilit y Security of energy supply Competitiven ess Reduction of emissions Reduction of energy consumption Development of alternative energy sources Diversification of energy sources, supply countries and routes Grid Stability Adequate energy infrastructures Affordable and competitive prices Promotion of new technologies, growth and jobs Improved energy efficiency 6

7 EU Renewable Energy Directive (2009/28/EC) Sets mandatory national targets. Requires national renewable energy action plans Requires reduction of administrative and regulatory barriers and improves grid access for renewable energies. EU Member States decide on their national policies to. achieve their renewable energy targets EU framework offers flexibility by facilitating "joint. Creates a sustainability regime for biofuels projects" and "statistical transfers" between Member States 7

8 Main support schemes for renewable energies 8

9 Sweden Estonia Bulgaria Austria Italy Spain Finland Denmark Lithuania Germany Czech Rep Poland EU Hungary Greece Romania Slovakia Portugal Slovenia Cyprus Ireland France Belgium Luxembourg UK Netherlands Latvia Malta SOURCE: EUROSTAT 60% 50% Progress towards the 20% renewables EU renewable energy share target of final energy consumption: 14.1% in target already reached On track towards 2020 targets Additional effort needed 40% 30% 20% 10% 0% RES in /2012 RES interim target 2020 RES Target 9

10 Cooperation Mechanisms» Substantial cost savings (estimated 5% or c. 2bn p.a.)» Tailor-made mechanisms Statistical transfers Joint projects Joint projects with third countries Joint support schemes 10

11 Technological Innovation Reduces Costs 11 11

12 Conclusions and Outlook 12

13 Conclusions. Renewable Energy Directive of 2009 provides strong and coherent policy framework (binding targets, national. support schemes, cooperation) Strong renewable enery policies and targets trigger investment, technological innovation and cost reductions. (e.g. solar PV, wind) Stable policy environments for renewable energies are. essential take measures to reduce policy uncertainty Renewable energy policies create jobs and business opportunities 13

14 Outlook: EU renewable energy legislation for 2020 to New architecture and governance system for 2030 scheme New approach on targets: no breakdown into national or. sectoral targets Support schemes: stability, convergence, market orientation, phase-out of support for mature technologies (convergence process already underway) 14

15 ec.europa.eu/energy/2030 ec.europa.eu/clima/policies/

16 ANNEX 16

17 GWh Technology Results from the National Renewable Energy Action Plans ktoe Heat pumps Biomass Wind Tide, wave, ocean Solar Geothermal Hydro Development of renewable energy in electricity in EU Tide, wave, ocean Geothermal Electricity Solar electricity Electricity: Biomass electricity Wind Hydro 17

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