Joint letter for an EU-wide renewable risk mitigation scheme


  • PUBLISHED: May 21, 2021

EGEC, together with other 16 energy and renewable companies and organisations, asked Executive Vice-President Timmermans and Energy Commissioner Simson to establish an EU-wide renewable risk mitigation scheme.

Member States are obliged to reduce the capital cost of renewable energy technologies under Article 3.5(1) of the Renewable Energy Directive. De-risking capital intensive renewable heating, cooling and electricity projects is the most optimal solution. At present, capital cost risks are a barrier to significant investment in our technologies across the EU.

Read the full join letter on an EU renewable de-risking scheme

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