The [Euro]-Voltaics Union

Synopsis

The EU recently published its ‘Fit for 55’ climate plan, updating its Renewable Energy Directive to increase the overall binding target from 32% to 40% renewables in the bloc’s energy mix by 2030. More recently, the lens has been focused on energy security as well as decarbonisation. To get to where we need to be by 2030 will require a huge effort from both public and private sector and the industry will have to overcome some barriers to see deployment scale up to where it needs to be:

• Project CAPEX and supply chain – with rising cost and squeezed supply, what should we expect to see in 2022?
• Fit for 55 will require a concerted effort across the continent, which countries are now the most attractive for investors?
• How are developers acting to avoid some of the challenges we have seen in past phases of rapid build out?
• Are there any other policies the industry would like to see governments enact?