Warsaw, 15 May 2023 – New analysis from energy think tank Ember finds that Central and Eastern European (CEE) countries could deploy 200 GW of wind and solar by 2030 and lower average electricity wholesale prices by 29%, compared to a scenario based on current policy conditions. Ember’s model finds CEE is likely to deploy just half that capacity if there are no improvements to renewables policies across the region.
CEE currently generates just 25% of electricity from renewables, compared to 55% from fossil fuels. This has resulted in some of the most expensive electricity prices in the EU, and has made the region vulnerable to volatile costs and supply issues.
Over the last year there has been a change, with CEE wind and solar capacity growing by around 28%, above the EU-wide average growth of 15%. However, official targets are low, and barriers to renewable deployment persist across the CEE region. According to Ember’s model, replacing these with supportive and coordinated policies could see the region reaching 63% renewables share in 2030, just shy of the EU’s 69% target set in REPowerEU.