Key Findings of International Renewable Energy Agency (IRENA), February 2018

Key Findings of International Renewable Energy Agency (IRENA), February 2018

Key Findings of International Renewable Energy Agency (IRENA), February 2018

International Renewable Energy Agency (IRENA) with the European Commission have published a study in which it summarises several cost-effective renewable energy options for all EU Member States.

Its key findings are as below:

  • The EU could double the renewable share in its energy mix, cost effectively, from 17% in 2015 to 34% in 2030.
  • All EU countries have cost-effective potential to use more renewables.
  • Renewables are vital for long-term decarbonisation of the EU energy system.
  • The European electricity sector can accommodate large shares of solar PV and wind power generation.
  • Heating and cooling solutions account for more than one third of the EU’s untapped renewable energy potential.
  • All renewable transport options are needed to realise long-term EU decarbonisation objectives.
  • Biomass will remain a key renewable energy source in 2030 and beyond.
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