Industrial Investment Policy

Big Money to Make a Come Back in Europe?

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The EU’s ambitious 2030 target of 40 percent greenhouse gas reduction in Europe requires continued investment in renewables and a fundamental transformation of the European energy sector amid rising concerns over subsidy costs and competitiveness. By 2030, renewable capacity in Europe is expected to grow by 297GW led by the UK and Germany.

US Shale Gas adds Pressure on Europe

The shale gas boom has shifted the global context for European energy policy, with low US energy prices adding further pressure to reduce costs of the European decarbonisation process.

Technology improvements and changes in policy and market design are necessary to support the build out and integration of renewables in a cost-effective manner in Europe as the decarbonisation policy has resulted in rising energy prices for end consumers.

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