popular articles

Green Energy in Europe: A Solar and Wind Future

Europe's energy sector is undergoing a veritable green revolution, with a recently confirmed ambition to double the share of renewable energies in energy consumption by 2030, from the current 22% to at least 42.5%.
énergies renouvelables

Please share:

Green energy in Europe is growing considerably. This development, recently approved by the EU Council, is a strong signal of Europe’s commitment to energy sustainability and the reduction of greenhouse gas emissions.

Indeed, the EU recently gave its approval, two weeks before an expected announcement concerning support for the wind power sector. This approach is characterized by provisions to speed up authorization procedures for new installations, by establishing “dedicated zones” where approval must be granted within a maximum of 12 months, and increased efforts in the transport and green hydrogen sectors. In addition, a regulatory framework guarantees the “sustainability” of biomass while maintaining its “renewable” status. This recent approval of measures in favor of renewable energies reflects the political will to promote a rapid energy transition. The new measures to speed up plant authorizations and strengthen the regulatory framework bear witness to the strategic importance the EU attaches to this sector.

The dawn of solar power in Europe

In 2022, the war in Ukraine and the need to offset Russian gas requirements have highlightedsolar energy as a key player in solving Europe’s energy trilemma: sustainability, affordability and security of supply. S&P’s Bruno Brunetti predicts that the share of solar power in Europe’s energy mix could double from 8% to 20% by 2030.

However, a number of challenges remain. Inflation and fluctuating prices for raw materials, particularly silicon, can impact solar project costs, while increased dependence on China poses a strategic dilemma. The battery market, which could triple its capacity by the end of 2022, could potentially offer a solution to solar energy storage and distribution problems.

Onshore wind: a cost-effective energy technology

A report by the European Power Service highlights the profitability of onshore renewable energies. The LCOE for onshore wind power is expected to fall by over 50% to €23/MWh by 2050, and although offshore wind power remains costly, a 68% reduction in costs is forecast by 2050. With nearly US$1,000 billion expected to be injected into offshore wind power over the next decade, the outlook for this technology is equally promising.

Europe is also turning to onshore wind power as a cost-effective energy source. Projections of lower costs and massive future investment in offshore wind power demonstrate the region’s commitment to this technology.

Europe’s Renewable Momentum

By combining the advantages of solar and wind power, and backed by strong legislation and investment, Europe is positioning itself as a leader in the green energy transition. The technical progress and decreasing costs of solar and wind power, the integration of advanced battery technologies, and political and financial commitment are strong indicators. They demonstrate that the direction taken is not only possible, but also pragmatic and economically viable.

However, the current trajectory needs to be constantly monitored and adapted to changing global market conditions and technological developments. The planned reform of the EU gas and electricity market in 2023 will be crucial in this process, as the current pricing mechanism is strongly linked to gas prices.

In conclusion, the EU is moving towards an era of renewable prosperity, marked by increased investment and accelerated deployment of green technologies, underpinned by a sound regulatory framework and clear, ambitious renewable targets. The challenge lies in the strategic implementation of these initiatives, balancing economic, environmental and energy requirements for a more sustainable and energy-secure future in Europe.

Final Analysis

This European energy transition is a crucial step towards a more sustainable and energy-secure future. It offers considerable economic opportunities, particularly in the renewable energies sector. Europe is becoming a major player in the green revolution, with massive investment and strong political will. However, challenges remain, including dependence on China and the need for constant market surveillance. The planned reform of the gas and electricity market in 2023 will be a key moment in ensuring the success of this transition.

Ultimately, this energy transformation has the potential to reshape the European energy landscape and make a significant contribution to the fight against climate change. It offers economic, environmental and energy opportunities, and its strategic implementation will be crucial for a greener, safer future in Europe.

Register free of charge for uninterrupted access.

Publicite

Recently published in

François Bayrou souhaite engager un débat sans vote au Parlement sur la programmation énergétique 2025-2035, alors que le projet alimente les tensions politiques et que le Rassemblement national menace de déposer une motion de censure.
The European Court of Auditors warns of the urgency of massive investments in the Union’s ageing power grids, hampered by administrative delays and inadequate planning.
The European Court of Auditors warns of the urgency of massive investments in the Union’s ageing power grids, hampered by administrative delays and inadequate planning.
Several lawmakers and former energy executives are demanding a moratorium on PPE3, criticising a plan they view as disconnected from current economic and geopolitical realities.
Several lawmakers and former energy executives are demanding a moratorium on PPE3, criticising a plan they view as disconnected from current economic and geopolitical realities.
The head of Framatome will be heard on 30 April by both chambers to validate his nomination to lead EDF, following the non-renewal of Luc Rémont by the executive.
The head of Framatome will be heard on 30 April by both chambers to validate his nomination to lead EDF, following the non-renewal of Luc Rémont by the executive.
Following a series of major electricity outages on the island of Upolu, the Samoan government has declared a state of emergency to prioritise essential services and mobilise foreign aid.
The Minister of Industry and Energy expressed openness to a debate and a vote on the 2025–2035 energy strategy, amid criticism from opposition parties over the lack of democratic consultation.
The Minister of Industry and Energy expressed openness to a debate and a vote on the 2025–2035 energy strategy, amid criticism from opposition parties over the lack of democratic consultation.
France’s Ministry of Industry and Energy postpones the 2025 energy voucher to November, citing delayed budget approval and announcing revised allocation rules.
France’s Ministry of Industry and Energy postpones the 2025 energy voucher to November, citing delayed budget approval and announcing revised allocation rules.
France’s decarbonisation pace slowed significantly in 2024, according to Citepa, putting its 2030 climate targets at risk.
France’s decarbonisation pace slowed significantly in 2024, according to Citepa, putting its 2030 climate targets at risk.
Luc Rémont was dismissed as head of EDF by the French executive due to disagreements over industrial contract strategy and financing of the EPR2 nuclear programme.
Just Stop Oil will end its high-profile actions after one of its core demands was integrated into the British government's energy policy.
Just Stop Oil will end its high-profile actions after one of its core demands was integrated into the British government's energy policy.
The surge in solar production and the slow upgrade of electricity infrastructure are blocking thousands of projects in the Netherlands, affecting energy security and consumer costs.
The surge in solar production and the slow upgrade of electricity infrastructure are blocking thousands of projects in the Netherlands, affecting energy security and consumer costs.
The development of French power grids is facing a structural shortage of skilled labour, despite €200bn in projected investments by 2040.
The development of French power grids is facing a structural shortage of skilled labour, despite €200bn in projected investments by 2040.
Luc Rémont's departure exposes ongoing disagreements between EDF and the French State over electricity pricing for industry and the financing terms of the nuclear programme.
The European Investment Bank approves a final tranche of PLN1.7bn for Orlen to modernise electricity distribution infrastructure in Poland via its subsidiary Energa Operator.
The European Investment Bank approves a final tranche of PLN1.7bn for Orlen to modernise electricity distribution infrastructure in Poland via its subsidiary Energa Operator.
Luc Rémont is replaced as head of EDF as French manufacturers criticise a pricing strategy seen as incompatible with national industrial competitiveness.
Luc Rémont is replaced as head of EDF as French manufacturers criticise a pricing strategy seen as incompatible with national industrial competitiveness.
Luc Rémont will not be reappointed as Chairman of Électricité de France, two years after his nomination, despite record profits in 2024 and the revival of the nuclear fleet.
Luc Rémont will not be reappointed as Chairman of Électricité de France, two years after his nomination, despite record profits in 2024 and the revival of the nuclear fleet.
The French government has appointed Bernard Fontana to lead EDF, relying on his experience in nuclear energy and energy-intensive industries, amid strategic restructuring and rising tariff pressures.
Kazakhmys, the leading copper producer in Kazakhstan, partially suspends its operations after the death of eight workers. The company is conducting an inspection of its facilities to ensure operational safety.
Kazakhmys, the leading copper producer in Kazakhstan, partially suspends its operations after the death of eight workers. The company is conducting an inspection of its facilities to ensure operational safety.
The European Southern Observatory (ESO) warns of the potentially devastating consequences of a power plant project near its telescopes in the Atacama Desert, highlighting irreversible light pollution.
The European Southern Observatory (ESO) warns of the potentially devastating consequences of a power plant project near its telescopes in the Atacama Desert, highlighting irreversible light pollution.
The recent elections in Greenland resulted in a victory for the Demokraatit party, which advocates gradual independence from Denmark and increased support for the exploitation of natural resources, prioritizing the mining and energy sectors. This election comes amid heightened international tensions, notably due to proposals by Donald Trump to annex the territory.
The recent elections in Greenland resulted in a victory for the Demokraatit party, which advocates gradual independence from Denmark and increased support for the exploitation of natural resources, prioritizing the mining and energy sectors. This election comes amid heightened international tensions, notably due to proposals by Donald Trump to annex the territory.
The National Federation of Mines and Energy of the General Confederation of Labour (FNME-CGT) has elected Fabrice Coudour as secretary general. He succeeds Sébastien Ménesplier and inherits strategic issues, including the opening of hydropower concessions to competition.
Nigerien authorities have ordered the expulsion of three Chinese executives from oil companies and shut down a hotel owned by a Chinese company. This decision is part of a policy aimed at strengthening national control over the country’s energy resources.
Nigerien authorities have ordered the expulsion of three Chinese executives from oil companies and shut down a hotel owned by a Chinese company. This decision is part of a policy aimed at strengthening national control over the country’s energy resources.
The French government has issued a decree expanding the use of treated wastewater to industrial and nuclear sectors, aiming to reduce pressure on water resources.
The French government has issued a decree expanding the use of treated wastewater to industrial and nuclear sectors, aiming to reduce pressure on water resources.
An incident in a private power plant caused a nationwide blackout in Panama on Saturday night. The national power grid was severely impacted, leading to an interruption in the potable water supply. Authorities are investigating the causes of the event.
An incident in a private power plant caused a nationwide blackout in Panama on Saturday night. The national power grid was severely impacted, leading to an interruption in the potable water supply. Authorities are investigating the causes of the event.

Advertising