Double-edged renewables auctions

With the electricity market reform, the Commission is to be able to put wind and solar parks out to tender in order to achieve the European target for renewables if necessary. But the financing is still unclear and the EU auctions could give less ambitious member states a new excuse for their own hesitation.

After the summer break, the final votes for the Renewable Energies Directive are due and thus for the increase of the EU-wide mandatory target to 42.5 percent. The member states are aiming for a further 2.5 percentage points on a voluntary basis. To achieve the latter, the Commission is to hold EU-wide auctions for wind and solar farms, if necessary, which would then count toward the common EU target. This is what the ITRE position on electricity market reform, which the Industry Committee adopted shortly before the summer break, says.

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