Take Your Trading To The Next Level. Get Started Here!

EU adopts renewable energy directive targeting 42.5% share in 2030

October 10, 2023 Comments Off

The EU has formally adopted the new Renewables Energy Directive raising the 2030 target for the share of renewable energy in the EU’s overall energy consumption from 32% to 42.5%, the Council said Oct. 9. The so-called RED III was adopted after months of wrangling despite a general agreement in June following a vote in the Council with only Poland…