2020 has been a record setting year in the world of renewables. A sunny April resulted in record solar output for Europe, only to be topped in May – when more than half of the continent’s power came from renewables. This, combined with the steep drop in oil demand during the COVID-19 crisis, offers a glimpse into a future where Europe is built on renewables.
If the EU is to be climate neutral by 2050, it should use this opportunity to build a cleaner and more flexible energy system. Investments in renewables, digital innovations and responsive demand systems will be central to that. In addition, member states should unite to give aging grid networks a face-lift.
Questions include:
- How can Europe leverage its recovery plans to become a leader in the renewable energy market?
- Electrification is a key element of the European Green Deal. What should be done to ensure that investments are put towards greening the grid?
- A comprehensive strategy should focus on interconnections, energy storage and flexible grid systems. What should the EU do to make this a focal point?
SPEAKERS
Laura Cozzi
Director of Sustainability, Technology and Outlooks at the International Energy Agency (IEA)
Niels Fuglsang
Member of the European Parliament Committee on Industry, Research and Energy (ITRE)
Olivier Grabette
Vice-President for Economy, R&D, Expertise and IT of Réseau de Transport d'Électricité (RTE)
Tinne Van der Straeten
Belgian Minister for Energy