To limit temperature rise to 1.5°C, the EU needs to move to climate neutrality and shift towards a 100% renewables-based energy system by 2040. The current EU 2030 renewable energy target is not in line with what is needed to reach the Paris Agreement target. Under the Clean Energy Package, some new instruments have been created to encourage regional cooperation, considered to be an instrument to guarantee an effective attainment of the EU 2030 renewable energy target. CAN Europe considers that the Renewable Energy Financing Mechanism has the potential to foster a faster deployment of renewables. However, for a full impact, some improvements are needed.
Under certain conditions, renewable hydrogen can be considered as Paris compatible non-fossil gas. Under certain conditions, renewable hydrogen can be considered as Paris compatible non-fossil gas. Sectors where reducing emissions is most difficult such as the steel and chemicals or aviation, long-distance shipping and heavy-duty road transport could partly rely on renewable hydrogen or derived energy carriers such as liquid synthetic fuels or synthetic methane sourced from renewable electricity.
In an integrated energy system, energy supply and demand sectors interact more closely in order to facilitate a reduced energy demand and the quick scale-up of renewable energy sources. Based on the interplay of generators and consumers in a well-connected energy infrastructure, inefficient fossil-based technologies and back-up capacities can be phase-out more swiftly. An advanced integration of sectors’ energy demand prevents the societal costs of stranded assets. It allows for the use of existing infrastructure more efficiently, harvesting the potential of demand-side response and other flexibility options.
The EIB has made a commitment to aligning its operations with the Paris Agreement from the end of 2020. To get there it is developing a Climate Bank Roadmap 2021-2025 and inviting stakeholder input at various stages with the aim to finalise October 2020.
We, the undersigned, welcome the European Commission’s (EC) work to advance the Green Agenda for the Western Balkans, a timely opportunity to realise the region’s potential for sustainable development, allowing a better quality of life and a healthier environment.
CAN Europe responded to the European transmission grid operators’ consultation on the scenarios of their Ten Year Network Development Plan 2020.
With a proposed budget of 100 billion euro from 2021 to 2027, the Horizon Europe framework programme represents the largest collaborative multinational research and innovation investment in Europe and is open to participants worldwide.
The Agency for the Cooperation of Energy Regulators launched a consultation that CAN Europe responded to.
On 20 December 2018, the European Commission has launched a public consultation, as a part of its study on the EU’s implementation of the Aarhus Convention in the area of access to justice in environmental matters.
The European Investment Bank (EIB), the world’s largest multilateral lender and major provider of climate finance, is holding a public consultation on its energy lending policy which was last revised/adopted in 2013.