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Share of renewable energy in EU energy balance to increase from 32% to 60%

Oil&Gas Materials 24 October 2019 13:19 (UTC +04:00)
The share of renewable energy in the energy balance of the EU will increase from 32 percent to 60 percent by 2030
Share of renewable energy in EU energy balance to increase from 32% to 60%

BAKU, Azerbaijan, Oct. 24

By Leman Zeynalova - Trend:

The share of renewable energy in the energy balance of the EU will increase from 32 percent to 60 percent by 2030, Head of the EU delegation in Azerbaijan Kestutis Jankauskas said at the International Energy Charter Forum in Baku, Trend reports.

"The EU has been pursuing a policy of supporting the transition to renewable energy since 2009. Prior to this, EU countries pursued this policy on a voluntary basis. Eleven of the 27 EU countries have achieved the goals of transition to renewable energy sources. In the EU, 32 percent of electricity is generated from renewable energy sources," Jankauskas said.

"Denmark leads in the share of renewable energy in electricity generation (50 percent). We expect that the share of wind and solar energy will continue to grow in the energy balance of the EU countries. The share of renewable energy in the energy balance will increase from 32 percent to 60 percent."

Speaking about Azerbaijan's potential, the head of the EU delegation noted that Azerbaijan is the land of fire, as well as the land of solar and wind energy and the social impact of this policy is important for him.

The topic of the International Energy Charter Forum is “Enabling Energy Transformation through Technology and Policy Innovations”.

The four-session forum is dedicated to the development of renewable energy and technology, the use and regulation of renewable energy, the promotion of energy efficiency, the sharing of best practices and regional security experience.

The forum is attended by top ranking officials from 13 countries, including Azerbaijan, Turkey, Georgia, Austria, China, Greece, Albania, Croatia, Spain, Bangladesh, Bosnia and Herzegovina, Burundi, Yemen.

The event is also attended by representatives from 42 international organizations, local and foreign energy companies, public bodies, as well as diplomatic corps in Azerbaijan and about 200 experts and journalists.

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Follow the author on Twitter: @Lyaman_Zeyn

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