On October 9, 2023, the European Union Council officially adopted the new Renewable Energy Directive III (RED III). It was published in the Official Journal of the European Union on October 31, with an effective date 20 days after this publication. EU member states will have 18 months from the directive’s entry into force to transpose it into national legislation.
RED III aims to increase the share of renewable energy in the overall energy consumption in the European Union to 42.5% by 2030, with an additional indicative increase of 2.5% to achieve a target of 45%. RED III sets ambitious sectoral targets in transport, industry, construction, centralized heating and cooling, some of which will have a positive impact on the hydrogen industry.
The Renewable Energy Directive (RED) serves as the legal basis for the development of clean energy in all sectors of the EU economy.
In 2009, the Renewable Energy Directive (RED) was adopted to ensure a minimum of 20% of renewable energy sources (RES) in final energy consumption in the EU by 2020.
In 2018, RED was revised, and the updated directive was named RED II. It set the EU’s target for the minimum share of RES in final energy consumption by 2030 (RED II) and became legally binding in June 2021.
On July 14, 2021, the EU Commission presented the “Fit for 55” package to align the European Union’s legislative framework on climate and energy to achieve climate neutrality by 2050 and reduce net greenhouse gas emissions by at least 55% by 2030 compared to 1990 levels. This package included a significant portion of the RED II document.
On May 18, 2022, the European Union launched REPowerEU in response to the challenges and disruptions in the global energy market caused by Russia’s invasion of Ukraine.
REPowerEU’s main goals are energy conservation, diversification of energy supply, and the accelerated deployment of renewable energy sources to replace fossil fuels in buildings, industry, and electricity generation.
Discussions on the revision of RED II took place between the Commission, the European Parliament, and the Council of the European Union; on March 30, 2023, a preliminary agreement was reached between the Parliament and the Council to strengthen RED.
As a result, on October 9, 2023, the European Union Council officially adopted the new Renewable Energy Directive III (RED III), which increases the share of renewable energy in the overall energy consumption in the European Union to 42.5% by 2030, with an additional indicative increase of 2.5% to achieve a target of 45%.
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