EU Renewable Energy Strategy

The Targets:

  • 40% cut in greenhouse gas emissions compared to 1990 levels
  • at least a 27% share of renewable energy consumption
  • at least 27% energy savings compared with the business-as-usual scenario

What do they represent?

In October 2014, EU leaders agreed a new framework for climate and energy, including EU-wide targets and policy objectives for the period between 2020 and 2030. These targets aim to help the EU achieve a more competitive, secure and sustainable energy system, to meet its long-term 2050 greenhouse gas reductions target and to send a signal to the market, encouraging private investment.

What does it mean for the ocean energy industry?

Europe’s 2020 climate and energy targets have been hugely successful at taking the first generation of renewable energy technologies, such as wind and solar, to commercial readiness. Ocean energy technologies are the next generation of renewable energy which will help integrate wind and solar into the energy system and create a new industrial sector for Europe.

To achieve this, an ambitious and robust support framework for renewables, such as ocean energy, is needed for the 2020-2030 period. This will send a clear signal to the market that renewable energy continues to be a long term priority for the EU and its Member States.

 What is Ocean Energy Europe doing to help?

Ocean Energy Europe works continually with the
European institutions to ensure that the needs
of the ocean energy sector are taken into
account in the development of a post-2020
Climate & Energy framework.

  • pdf iconIn February 2016 Ocean Energy Europe contributed to the European Commission's consultation on the new renewable energy directive for the period beyond 2020


Ocean Energy Europe also works with other 
energy industry bodies in Brussels to 
have a stronger voice on issues of common interest.

  • pdf iconIn February 2016, Ocean Energy Europe and 11 renewable energy associations published a position paper, outlining 10 priorities for EU’s post-2020 renewable energy policy

  • pdf iconIn May 2016, the same group published another position paper, this time highlighting necessary best practice for the governance of Europes Energy Union.

  • pdf iconThe same group published a letter, also in May 2016 on European renewable energy industry’s call for appropriate range of 2030 RES target scenarios to be modelled

  • In November 2016, the group publishedpdf icon another statement outlining four reasons why a post-2020 Renewable Energy Directive is essential to the European transition



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