Today European Parliament completed the parliamentary approval of half of the eight legislative proposals in the 2016 Clean Energy for All Europeans package, which means new rules on renewables, energy efficiency and the governance of the Energy Union. An important step in enabling the European Union and its Member States to embrace the clean energy transition, follow up on the already adopted 2030 climate legislation and meet the Paris Agreement commitments.
“With today’s vote, we unlock the true potential of Europe’s clean energy transition, helping us meet our Paris Agreement goals and translating into more jobs, lower energy bills for consumers and less energy imports. The Energy Union is coming of age, going from strength to strength” explained Vice-President responsible for the Energy Union Maroš Šefčovič.
The package is a key element of the Juncker Commission’s political priority of “a resilient Energy Union with a forward-looking climate change policy”, aimed at giving Europeans access to secure, affordable and climate-friendly energy and making the European Union world leader in renewable energy.
The new regulatory framework, in particular via the introduction of the first national energy and climate plans, brings regulatory certainty and enabling conditions for essential investments to take place in this important sector. It empowers European consumers to become fully active players in the energy transition and fixes two new targets for the EU in 2030: a binding renewable energy target of at least 32% and an energy efficiency target of at least 32.5%, which will stimulate Europe’s industrial competitiveness, boost growth and jobs, reduce energy bills, help tackle energy poverty and improve air quality. When these policies will be fully implemented, they will lead to steeper emission reductions for the whole EU than anticipated– some 45% by 2030 compared to 1990, instead of 40%. To strive towards a long-term greenhouse gas reduction objective, the framework sets up a robust governance system of the Energy Union.
Following this approval by the European Parliament, the Council of Ministers will now finalise its formal approval of the three laws in the coming weeks. This endorsement will be followed by the publication of the texts in the Official Journal of the Union, and the new legislation will enter into force 3 days after publication.