2. Overview of EU Renewable Energy Policy
Section outline
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The EU's renewable energy policy is rooted in its broader climate goals, especially the aim of achieving climate neutrality by 2050. These policies are designed to reduce greenhouse gas emissions by 55% by 2030 (compared to 1990 levels) as set out in the European Climate Law. Renewable energy deployment is supported by sector-specific targets (e.g., for heating, cooling, electricity, and transport) and is accompanied by carbon pricing mechanisms such as the EU Emissions Trading System (EU ETS).
The "Fit for 55" package includes a revision of the Renewable Energy Directive, the Energy Efficiency Directive, and the introduction of the Social Climate Fund. These reforms aim to facilitate the decarbonization of energy systems through an integrated policy approach across sectors.