The state of European energy

The state of European energy

The proportion of clean energy consumed in the EU continues to rise but the European Commission’s State of the Energy Union report is critical of failings in energy efficiency, low-carbon-R&D spending, and the removal of fossil fuel subsidies.

The European Commission, in its State of the Energy Union report, has revealed that the EU has recommended its 27 member states devote at least 37% of their Covid-19 recovery spending to climate change-related investments.

The energy report noted that initiatives focused on reducing methane emissions and on boosting energy efficiency in buildings were launched yesterday and promised papers on offshore energy – including floating solar – and trans-European energy infrastructure, would follow this year.

The energy report stated EU spending on low carbon research and innovation amounted to only 15% of the amount that has been estimated would be necessary to hit the bloc's 2030 emissions target, according to figures offered in the European Strategic Energy Technology Plan. The commission noted the EU is preparing a €1 billion Green Deal-Horizon 2020 R&D budget with further help on offer from the bloc's Innovation Fund and Invest EU.

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