ELECTRICITY IS A CRITICAL ELEMENT OF ACHIEVING THE EU’S 2030 RENEWABLE ENERGY TARGETS
Under the 2030 Climate and Energy Package, the European Union has set itself a target of increasing the share of renewable energy from to 27%. Electricity will play a key role in achieving these goals, with the share of renewable power projected to increase to around 47% of the electricity mix by 2030. While electricity is only one part of the energy system, electricity is therefore a vital sub-sector of the EU’s renewable energy strategy to 2030.
FRANCE IS A CRITICAL PLAYER FOR MEETING THE EU’S 2030 RENEWABLE ELECTRICITY GOALS
As the second largest energy consumer in Europe, and with relatively ambitious national goals of achieving 32% renewable energy and 40% renewable electricity (RES-E) by 2030, France will be critical to achieving the EU’s objectives. As the most interconnected electricity market in Europe, France’s approach to renewable electricity will also influence the redesign of electricity markets to cope with higher shares of variable RES-E in its region. Facilitating the efficient deployment and integration of renewable electricity in France is therefore an important sub-chapter of European renewable energy policy going forward.
THE EU CAN FACILITATE THE ACHIEVEMENT OF FRANCE’S RES-E TARGETS IN SEVERAL WAYS
The integration of higher shares of renewable electricity in France is a significant domestic policy challenge. But EU can take a number steps to facilitate the achievement of France’s goals. One area where the EU has value added is by ensuring that EU rules for state aid to renewables do not inadvertently become a barrier to cost-efficient deployment of renewables in France. The EU should also push France (and all Member States) to develop a coherent and comprehensive RES-E market integration strategy for 2030 to facilitate national and regional market development. In addition, the EU should push France to improve the quality of its enabling environment for renewable electricity projects, so that it is in line with EU benchmarks.