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EU Court of Auditors says more renewables auctions are needed.

News • BPVA •
EU Court of Auditors says more renewables auctions are needed.

The audit agency said at least half the EU member states will be unable to reach their 2020 renewable energy targets, including the Netherlands, France, Ireland, Poland and the U.K. It recommends citizen participation and more renewable energy auctions to increase investment and raise volume in the EU clean energy sector. 

Cross border renewables trade and grid improvements are also highlighted as necessary for a successful energy transition. Around half of the EU member countries will be unable to hit their 2020 renewable energy targets, according to the Wind and solar power for electricity generation: significant action needed if EU targets to be met report published by the European Court of Auditors (EAC). To bridge the gap and enable further renewables development in sight of more ambitious 2030 targets, the audit agency – which oversees how the EU budget is applied – has made recommendations to an EU market that, the report notes, has seen a deceleration in solar and wind deployment since 2014.