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European Parliament greenlights more ambitious renewable targets

The European Parliament has voted the update of the Renewable Energy Directive (RED), which raises the EU’s renewable energy target to 42.5% of final energy consumption by 2030, compared with a previous goal of 32%. Member states should strive to achieve 45%.

In addition, the text will also accelerate procedures to grant permits for new renewable energy power plants, such as solar panels or wind turbines, or to adapt existing ones; national authorities will have to approve new renewable installations within 12 months if located in "renewable go-to areas" and within 24 months for other locations.

In the transport sector, renewables deployment should lead to a 14.5% reduction in greenhouse gas emissions by 2030, by using a greater share of advanced biofuels and a more ambitious quota for renewable fuels of non-biological origin, such as hydrogen.

EU countries must also approve the final bill before it becomes effective. This legislation is part of the Fit for 55 package aimed at reducing greenhouse gas (GHG) emissions by 55% by 2030.

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