OEE signs joint letter on EU-wide renewable risk mitigation scheme in the Renewable Energy Directive
We call for an EU-wide renewable risk mitigation schemes to de-risk private sector investment in capital-intensive renewable energy solutions in the Renewable Energy Directive.
Member States are obliged to reduce the capital cost of renewable energy technologies under Article 3.5(1) of the Renewable Energy Directive. De-risking capital intensive renewable heating, cooling and electricity projects is the most optimal solution. At present, capital cost risks are a barrier to significant investment in our technologies across the EU.