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Renewables industry asks more ambitious and clear targets for 2030 Framework
(Bruxelles) We need more clarity, security and transparency in order to allow European industry to bet on renewable energy.
(Bruxelles) The European Commission has imposed for 2030 an ambitious and binding target for Renewable Energies that could provide 570,000 jobs and save 260 billion to import fossil fuels.
Nevertheless, Industries in the field of renewable energy are worried about the proposal made by the European Commission which fixed to 27% the roof for green energy, without mandatory thresholds for Member States.
“We need more ambitious targets and mandatory national targets to 30%” claimed Patrick Kron, CEO of Alstom representing a group which counts 91 European companies at the “EuropeBusiness 2030 Summit”.
“We need more clarity - continues Kron - security and transparency in order to allow European industry to bet on renewable energy. The instability created by some countries that renegotiated or abolished already provided incentives, do not support investments in Europe. The old continent, a pioneer in renewable policy, now is hesitating and industries are already looking to other safer markets”.
Kron explained that his company already has a partnership with China, where will be built the majority of plants for the storage of carbon (CCS).
Through this transition phase until 2030, incentives are still needed, then they will go to decline around 2050.They will be required at the national level to allow a develop in all European countries.
Experience has shown that the market for renewable energy is thwarted in the whole Europe just after the approval of the EU Directive 20-20-20. The cut of incentives have already brought down the Spanish market, the Portuguese and the Italian one, showing what may happen in the future, said the CEO of Med Res.
Nevertheless, Industries in the field of renewable energy are worried about the proposal made by the European Commission which fixed to 27% the roof for green energy, without mandatory thresholds for Member States.
“We need more ambitious targets and mandatory national targets to 30%” claimed Patrick Kron, CEO of Alstom representing a group which counts 91 European companies at the “EuropeBusiness 2030 Summit”.
“We need more clarity - continues Kron - security and transparency in order to allow European industry to bet on renewable energy. The instability created by some countries that renegotiated or abolished already provided incentives, do not support investments in Europe. The old continent, a pioneer in renewable policy, now is hesitating and industries are already looking to other safer markets”.
Kron explained that his company already has a partnership with China, where will be built the majority of plants for the storage of carbon (CCS).
Through this transition phase until 2030, incentives are still needed, then they will go to decline around 2050.They will be required at the national level to allow a develop in all European countries.
Experience has shown that the market for renewable energy is thwarted in the whole Europe just after the approval of the EU Directive 20-20-20. The cut of incentives have already brought down the Spanish market, the Portuguese and the Italian one, showing what may happen in the future, said the CEO of Med Res.
