Reports suggest higher RES target could save money

Increasing the level of renewable energy in the EU beyond proposed targets could reduce CO2 emissions from electricity generation by 55% by 2030 while cutting overall costs

A tipping point has been passed where increasing the level of renewable energy in the EU beyond targets contained in current proposals could reduce CO2 emissions from electricity generation by 55% by 2030 while cutting overall costs, analysts said on Tuesday as they presented new research findings.

The “Cleaner, Smarter, Cheaper” report suggests that renewables could provide at least 61% of Europe’s electricity by 2030 if lawmakers seize all the available opportunities while negotiating proposals for post-2020 climate and energy policy.

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