Achieve European Global Leadership In Renewable Energy

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The European Union’s ability to shape and stimulate the Energy Sector has matured since the previous energy directives and the energy and climate objectives set for 2020. With the Clean Energy for All Europeans package adopted by the Commission last November, the Energy policies and goals are revised in an ambitious way to match the accelerated progress and technological development made in recent past. The European Commission is well aware that the current framework needs to be more ambitious to further develop renewable energy sources beyond 2020 and integrate their growing share in the energy sector. It also sets the objective of achieving global leadership in renewable energies. Therefore, as part of its package, the Commission put forwards a regulatory framework to support the development of renewables and proposed a binding renewable target at EU-level of at least 27% by 2030. By 2030, it is estimated that 50% of the EU electricity will be generated by variable renewables…