The European Union is poised to ramp up its 2030 renewable energy targets.
to include an additional 2.5% "indicative top-up" to allow the bloc to reach a 45% share. It is set to replace the EU's current renewable energies directive target for a 32% share of renewable energy by 2030, which has been in place since Dec. 2018.
The proposal must now be approved by EU member states' representatives in the Council and then in Parliament. Such agreements are typically given with minimal changes. The EU has said it aims to be carbon neutral by 2050. In the medium term, it wants net greenhouse gas emissions to be cut by at least 55% by 2030, which the EU calls its "The "Fit for 55" package was first presented in July 2021 and seeks to align the EU's climate and energy legislative framework with its 2050 climate neutrality objective.
Russia's full-scale invasion of Ukraine since Feb. 2022 and an ensuing energy crisis have fundamentally changed the region's energy landscape in recent months. The bloc's lawmakers have come under pressure to bring the region's targets in line with this new reality.
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