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Energy: Net zero

Energy: Net zero | 29

Climate and energy plans from a European perspective

Neil Mearns Senior Writer

To meet the EU’s energy and climate targets for 2030, EU Member States each need to establish 10-year integrated national energy and climate plans (NECPs). The deadline for submitting these plans was by the end of 2019. Months later, some major European economies have only recently published their plans while others are still yet to produce theirs. EU targets NECPs can be viewed as the foundational plans for Europe’s march towards net zero emissions by 2050. They outline how EU Member States intend to address various aspects of their energy strategies, including energy efficiency, renewables, emission reductions, interconnection, and research and innovation for the period from 2021 to 2030. NECPs sit within the EU’s 2030 climate and energy framework, in which the key targets for 2030 are: At least 40% cuts in greenhouse gas emissions (from 1990 levels). At least 32% share for renewable energy. At least 32.5% improvement in energy efficiency. The targets for renewables and energy efficiency were revised upwards in 2018. Furthermore, the EU launched a public consultation on 31 March 2020 proposing a cut in greenhouse gas emissions of at least 50% to 55% for 2030 from 1990 levels, rather than 40%. This 2030 Climate Target Plan consultation closes on 23 June. On 16 April, the European Federation of Energy Traders submitted recommendations for the inception impact assessment for a 2030 Climate Target Plan. This includes reforming the EU ETS to enable it to become a longer-term driver for decarbonisation and ensuring a technology neutral policy approach. The longer-term objective to become climate neutral by 2050 is at the heart of the European Green ...

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