In its annual State of the Energy Union Report that was published on Thursday, 6 November, the European Commission points out that new renewable energy installed capacity in 2024 is estimated at around 77 GW (12.9 GW for wind and 65.5 GW for solar). This represents an annual increase of 17% compared to 2023.
Despite this positive development, the report indicates that the EU’s target of 42.5% renewables in EU energy consumption by 2030 will require a “much faster” uptake of...