EU Set To Roll Out Permits For Renewables Projects At Faster Pace

OilPrice.com | May 9, 2022 at 4:30 PM
  • The European Commission is expected to propose next week faster permitting for renewable energy projects as part of its plan to increase the uptake of renewable energy to cut reliance on Russian energy and speed up the energy transition, Reuters reported on Monday, quoting a draft document it had seen.
  • After Putin’s invasion of Ukraine, the EU has signaled that doubling down on renewables was one way to cut its reliance on Russian oil and gas.
  • The Commission’s REPowerEU plan to make Europe independent from Russian fossil fuels well before 2030 includes diversification of gas supplies, speeding up the roll-out of renewable gases, increasing electricity generation from renewables, and replacing gas in heating and power generation.