Tech trends put EU on track to reach 45% renewable energy by 2030 | Ember

Tech trends put EU on track to reach 45% renewable energy by 2030

28 Feb 2023

Heat pump deployment is expected to be 50% higher than Fit-for-55 forecasts, boosted by soaring fossil fuel prices and subsidies in some countries for household purchases. 

Electric vehicle rollout is expected to outpace Fit-for-55 targets by 30%, with record sales last year and newly announced EU policy already setting a faster direction of travel. 

In response to Russia’s invasion of Ukraine, the European Commission’s REPowerEU plan proposed raising the bloc’s 2030 renewable energy target from 40% to 45%, a move overwhelmingly supported by the European Parliament. However, some Member States are resisting this shift towards higher ambition, with negotiations expected to continue in March.

A new energy reality has unfolded across Europe since the Fit-for-55 package was presented eighteen months ago. As 40% renewables no longer reflects where we are heading, sticking with the lower target means aiming for failure. With a more realistic 45% target, the EU can align policy with where the markets are already heading, helping the EU respond to this unprecedented moment.

About Ember

Ember is an independent energy think tank that aims to accelerate the clean energy transition with data and policy. It creates targeted data insights to advance policies that urgently shift the world to a clean, electrified energy future.

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