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EU Renewable Energy Financing Mechanism - What you need to know ahead of 1 January 2021

In January 2021, the European Commission’s Renewable Energy Financing Mechanism (“the Mechanism”) will come into effect. The Commission has established the Mechanism, which is a new means of financing renewable energy projects in EU Member States, as part of the Clean Energy Package. The Mechanism has two objectives: to support Member States in achieving their renewable energy generation targets in a cost-effective way. In this respect, the Mechanism could provide a further boost to the deployment of renewable technologies – in particular offshore wind and solar – in Member States where their deployment is most cost-effective. to reduce cost of capital where this is a barrier to investment in renewable energy investment by having grants awarded under the Mechanism be allocated in accordance with an “enabling” objective. This could support projects involving innovative technologies.

Biomass - A People-Powered Energy System: Activating the Community Energy Market for Bioenergy - Renewable Energy Magazine, at the heart of clean energy journalism

In the updated Renewable Energy Directive II (RED II), the EU clearly considers community energy as a key factor for future Renewable Energy (RE) market uptake and mandates Member States to implement regulatory frameworks for enabling and facilitating this process.  At the same time, several barriers prevent citizens from becoming (bio) energy producers and bioenergy projects to be more appealing. Among others, lack of preparedness for communities to tap the full bioenergy market potential, lack of bioenergy stakeholders’ awareness of the potential of communities and missing/ unsupportive (local, regional and national) framework and policy conditions. For a people-powered energy system, the Horizon 2020-funded project BECoop (2020-2023) aims at putting communities in charge of their local renewable (bio) energy generation.

An EU Sustainable Taxonomy MUST Be Rooted In Climate And Environmental Science And Not Include Small Hydro

Wednesday, 16 December 2020, 8:36 am The global climate strikes have consistently made a simple demand: listen to the science. We agree. Just as experts and evidence have been key assets in addressing the COVID-19 pandemic, so too must they, and not sectoral interests, determine our policies to fight the climate crisis. WWF Central and Eastern Europe, along with a coalition of NGOs, think-tanks, experts and scientists, representing millions of citizens in Europe and the global South stress our strong support for an EU Sustainable Taxonomy rooted in climate and environmental science.[1] This is why we would like to voice substantial concerns that

EU Strategy for Sustainable and Smart Mobility: A manageable transition to climate neutrality rests on competitive technologies

11. December 2020 EU Strategy for Sustainable and Smart Mobility: A manageable transition to climate neutrality rests on competitive technologies Sigrid de Vries, Secretary General of CLEPA comments on the Strategy for Sustainable and Smart Mobility, adopted today by the European Commission:   “A manageable transition, for the climate, industry and employment, rests on competitive technologies such as the internal combustion engine, plug-in hybrids, fuel cell and battery electric vehicles. Only a transformation that is industrially successful and socially accepted can be sustainable politically and achieve the climate neutrality objective. A strategy that builds exclusively on battery and fuel cell electric vehicles contradicts the principle of technology openness and will neither achieve carbon neutrality nor support European competitiveness.”

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