The EU Commissioner for Energy, GĂĽnther Oettinger, has presented today a new Communication from the Commission on renewable energy . From a first analysis of the Communication and the documents attached to it, the following can be retained: Based on the 2010 indicative targets: " The EU as a whole reached just over 18% for the share of renewable energy in the electricity in 2010 rather than the target of 21%. For transport, the EU reached 5.1% instead of 5.75% ." 2020 targets are likely to be met and even exceeded ; The Commisison requires improvement of Member States' financing instruments and their management in order to close the "investment gap". The Commission calls on the Member States to ensure a doubling annual capital investments in renewable energy from EUR35bn per year to Eur70bn. "COOPERATION" and "CONVERGENCE" are well the two key words (and successive steps) as regards support schemes. Further coooperation could lead to 10 b...
This blog is meant as a personal notebook on recent legal developments in the sector of sustainable energy.