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EU told to act quickly on renewable energy

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EU told to act quickly on renewable energy
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Spanish sun and French wind will play primary roles in making European renewable energy plans achievable. That is according to a report just published by the independent European Climate Foundation.

For this, Spanish solar development should include funnelling power up from north Africa, while France serves as transport hub for electricity from renewable sources from Spain and Britain to northern and eastern Europe.

The report given to the European climate and energy commissioners in Brussels estimates this will need 52 billion euros per year in investments if begun now, but far more the longer it is delayed.

The European Climate Foundation’s Jules Kortenhorst said: “On the one hand, we point to a future that is sustainable and on the other hand reliable domestic energy supply that is economically affordable, in fact that helps Europe continue its prosperity.”

It was stressed that the work on infrastructures that physically interconnect has to begin now.

Spain’s Secretary of State for Climate Change, Teresa Ribera, said: “We have a great capacity to improve, expand, build technological alliances with third countries that are taking on even steeper electricity supply challenges than Europe is.”

Brussels said the challenge was not only to create a low-carbon society but to take the lead in a worldwide industrial race. The EU carbon emission reduction target for 2050 is 80 percent, based on shifting away from coal and gas.