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.