Brussels Passes RED II

Canete
Miguel A. Canete, © European Commission, E. Ansotte

After three years of negotiations, the RED II bill was accepted by the European Commission, Parliament and Council in mid-June. Now, the parliament and council will need to make the agreement legally binding by approving the text of the renewable energy directive.

The bill will then be signed by both lawmaking bodies and appear in the official journal of the European Union. When the regulations take effect 20 days later, member countries will need to start transposing new elements into national law within 18 months, that is, before the end of 2021. Via RED II, the commission will implement four of its eight suggestions included in a 2016 package called Clean Energy for all Europeans.

The directive is hoped to help propel the EU to a renewable energy future and a minimum 32 percent target of clean energy by 2030. The main objectives are to increase energy efficiency by 32.5 percent, become a leading force in renewable energy use around the world, and reduce the reliance on fossil fuel imports. In other words, the aims are to reduce carbon dioxide emissions by, at least, 40 percent by 2030, overhaul the EU economy and create more jobs and growth for all European citizens.

Miguel Arias Cañete, the European Union’s commissioner for climate action and energy, said, that “renewables are good for Europe, and today, Europe is good at renewables.” He called RED II a hard-won victory in an effort to explore the true potential of Europe’s transforming energy market. The agreement would help the EU meet the targets set in the Paris climate accords, as well as create more jobs, cut energy bills and reduce imports. He was especially pleased about the new 32 percent aim, noting that it would provide greater investment security as it was a binding target. He then called on the parliament and the council to continue their negotiations with the same level of commitment and implement the other proposals from the package.

 

read more: H2-international October 2018

 

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