American Chamber of Commerce In Poland issued the following announcement on July 25.
Ten years after the European Union vowed to produce 20 percent of its energy from renewable sources by 2020, it has made huge progress toward that goal. Now, a new challenge beckons: In 2018, the EU formally set itself a binding target to achieve 32 percent of energy from renewables by 2030.
The latest edition of the guide “Investing in renewable energy projects in Europe” surveys an industry at a crossroads. In some jurisdictions, at least in respect of some technologies, the development of new projects has slowed or come to a halt—often by the curtailing of publicly funded financial support or other regulatory constraints. Elsewhere there is a strong development pipeline, and good projects have little difficulty in finding suitable finance, but for the longer term, there are questions about the system impact of high volumes of variable renewable generation and its implications for electricity market design, which are starting to be addressed systematically only now.
Europe continues to benefit from trends like falling technology costs worldwide, but it must compete for attention and investment in an increasingly competitive and global sector
As usual, the guide looks not just at EU member states but also at a number of diverse and often dynamic neighboring renewables markets. Download the 2019 edition of the guide for snapshots of the industry across 20 jurisdictions in Europe and Central Asia.
Dentons has produced this guide in cooperation with RECHARGE, the global source for renewable energy news and intelligence.
Original source can be found here.
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