SolarPower Europe

SolarPower Europe: Greek solar energy goal for 2030 to be reached by ’24

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Greece will achieve its 2030 solar capacity target included in the country’s National Energy and Climate Plan from 2019 six years earlier, by 2024, the SolarPower Europe association has forecast.

The association expects Bulgaria, the Czech Republic, Hungary and the Netherlands to do likewise.

A total of 12 EU member states, among them Greece, have so far submitted upgraded NECPs with 2030 targets Their overall solar capacity additions exceeds 90 GW.

Upgraded NECP solar capacity targets have increased by an average of 63 percent. Lithuania is projected to achieve a 500 percent increase in solar capacity by 2030, while Finland, Portugal, Slovenia and Sweden are seen doubling theirs.

The association estimates that four EU member states have already reached their solar capacity targets, 19 more are likely to reach it within the next five years, and another four between 2027 and 2030.

RES sector opposes Brussels proposal for price cap on power production

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European renewable energy associations SolarPower Europe and WindEurope have expressed their opposition to any moves by the European Commission for a lower maximum electricity price on renewables than on fossil fuel energy, noting this would endanger the energy transition.

EU member state energy ministers are meeting today in search of emergency measures to protect bill payers.

Speaking earlier this week, European Commission president Ursula von der Leyen announced the EU executive’s desire to cap wholesale electricity prices as separate measures for low-carbon and fossil fuel generators.

Von der Leyen set out revenue limits for renewables and nuclear power companies as the second of five energy crisis measures put forward by the commission, with a similar move for fossil fuel companies labeled the third measure.

This implies that the proposed income ceilings could be set at different levels for low-carbon and conventional power generators. That prospect was opposed by SolarPower Europe, which called for any limit on energy company revenue to be applied “after market clearing.”