February 16, 2015
How can you make sure you hit an EU-wide binding target for renewable energy, if you don’t have binding targets at the national level?
It’s a problem Commission officials have struggled with since the 2030 climate and energy targets were agreed by EU leaders last October.
Heard in Europe hears tell that one renewable energy company has come up with a solution – putting the shortfall out to tender.
Imagine the EU doesn’t look like making the binding 27% of renewables across the Union because member states aren’t being forced to hit their non-binding national target of at least 27%.
In that case, a body – most likely the Commission – will open up the remaining percentage to bids from renewable companies across the EU.
It will select the best offers, and through that process make sure the EU meets its green commitments.
We understand that this idea is being looked at by officials, but our […]