Supporting Renewable Electricity: EU Member States Should Coordinate Reform Efforts
The European Union recently adopted more ambitious climate goals for 2030 – their implementation is now the focus of debate. What do the Member States need to consider? A new study shows how important it is that governments coordinate policy reforms to support renewable electricity. Otherwise, many investors are likely to shift their focus to technologies that will continue to be subsidized or to countries where subsidies are still available. This outcome would increase the overall costs of expanding renewable electricity generation in Europe.