18 Sep '13, 3pm

Industry Leaders Urge EU to Support 2030 Renewable Energy Target

The 28-nation EU needs a strong and ambitious climate and energy package for the decade after its current goals expire in 2020, according to the letter sent today to ministers for energy, EU Climate Commissioner Connie Hedegaard and Energy Commissioner Guenther Oettinger. “Given the long investment cycles in the energy sector and the fact that investment decisions in the EU’s liberalized energy markets strongly depend on reliability, certainty about the regulatory framework of the next 17 years is needed,” said the companies and lobbies, which also include Spain’s Gamesa Corp. Tecnologica SA and Acciona SA. The EU, in the fourth year of a sovereign-debt crisis, wants to remain the leader in the global fight against climate change while ensuring the security of energy supply and fostering competitiveness. Climate and energy strategy for 2030 is on the agenda of an informal ...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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