The Ecodesign framework is undergoing review in order to adapt the energy performance requirement and the labelling of applicances for heating and cooling in particular to reflect changes in technologies.
The European Investment Bank is currently in the process of drafting its updated energy lending policy. As the European Union is progressing towards decarbonisation, and the 2050 horizon is nearing quickly, EGEC joined other industry associations and think tanks to call for the EIB to promptly stop funding fossil fuel projects.
Sustainable finance is an increasingly important topic in European policy making. A proposed regulation by the European Commission on this topic will have a major impact on the private financial sector, and its relationship with geothermal and other renewable energy investments.
The State Aid Guidelines on Energy and the Environment were initially release to adapt the rules on public support for the energy sector from a competition law perspective to reflect notably the framework of the 2020 EU Climate and Energy objectives. The purpose of this review is to put the State Aid framework in line with the 2030 Clean Energy for All European package, and reflect the changing market dynamics in the energy sector.
One of the key issues of the current debate on the next European Commission regards the priorities that should shape its action over the next five years, the matter of ambition for the energy transition is at the foreground.
In the process of the implementation of the Governance Regulation, which defines how the EU targets on climate and energy will be achieved by 2030, Member States have submitted draft National Energy and Climate Plans (NECPs), in which they outline the level of ambition they would pursue in the coming decade, and the policies measure that should enable it.
The EIB’s energy lending criteria are the set of rules, revised regularly, which the Bank sets for its activities to be compliant with the European Union’s policy objectives.
EGEC co-signed a letter in the framework of the discussions on the objective of the European Union for the long-term energy transition.
EGEC, alongside other renewable associations (Bioenergy Europe, EREF, EHPA, ESTELA, EUREC, Ocean Energy Europe, Solar Heat Europe) has co-signed a joint statement denouncing proposal to make fossil fuels eligible for funding in the ERDF.
Brussels, 13 November 2018 - EGEC welcomes the adoption of the Renewable Energy Directive, the Energy Efficiency Directive and the Governance Regulation by the European Parliament today. The new legislations will be the basis for the European climate and energy regulatory framework after 2020.