New Energy World™
New Energy World™ embraces the whole energy industry as it connects and converges to address the decarbonisation challenge. It covers progress being made across the industry, from the dynamics under way to reduce emissions in oil and gas, through improvements to the efficiency of energy conversion and use, to cutting-edge initiatives in renewable and low-carbon technologies.
Sunny forecast for EU solar market
18/1/2023
6 min read
Feature
The European solar energy market is gathering pace as European Union (EU) member states seek better energy security following Russia’s invasion of Ukraine and the resulting high energy prices. New Energy World’s Brian Davis gives insight into a new report on EU solar prospects for this imperative decade of transition.
A landmark emergency EU law supporting rapid solar installations came into force at the start of this year, to encourage renewable energy development in the face of the current energy crisis.
From January 2023, EU countries will be able to deploy solar projects more quickly. The eagerly awaited move comes in response to record high energy prices. Just before Christmas, EU ministers adopted an emergency piece of legislation which can enable more solar energy to be installed in time for next winter.
Interestingly, the move marks the first time that the EU has used emergency powers to support renewable energy.