New NECP at Interministerial Committee on Monday

The revised National Energy and Climate Plan, a strategy of greater ambition aiming for 24 GW in wind and solar energy installations, 4 GW in hydropower and pumped-storage stations, as well as energy storage projects totaling 8 GW, all by 2030, is scheduled to be presented at the Interministerial Committee on Monday.

As a next step, the road map of the NECP, now completed according to energypress sources, will be officially announced by the energy ministry before undergoing consultation.

The RES sector’s share of the energy mix has been increased to 80 percent in the revised NECP, up from a 65 percent target set in the previous edition.

The existing NECP’s RES and hydropower target had been set at 19 GW. The revised version’s target has been boosted to 28 GW.

The RES installation target of 24 GW, it should be noted, includes offshore wind farms of 2 to 2.5 GW, indicating that the NECP is, for the first time, committing to the development of this new green energy technology.

Last year ended with operating wind and solar facilities of 10.2 GW, meaning installations representing a total capacity of 13.8 GW for the two RES technologies will need to be installed over the next eight years if the NECP’s 24-GW target is to be achieved.