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The EU presented strategies for “greening” energy by 2050

The EU presented strategies for “greening” energy by 2050

Strategies involve reducing greenhouse gas emissions, making the economy greener, creating jobs, and enhancing the EU's competitiveness in eco-technologies.

The European Commission has presented two strategies for reducing greenhouse gas emissions by 2050. This is reported by the press service of the EC on Wednesday, July 8.

This is a strategy for integrating the energy system and the hydrogen strategy. Both provide for the development of “clean” energy in the EU countries, according to the next Generation EU and European green agreement projects.

At the moment, the energy sector is responsible for about 75% of greenhouse gas emissions in the EU.

“The strategies adopted today will contribute to the European green agreement and support our goal of decarbonizing the economy by 2050... This will be a growth tool that will help overcome the economic consequences of the crisis caused by COVID-19, “ said Frans Timmermans, Executive Vice President for the Green agreement.

The steps outlined in the strategies should simultaneously make the economy greener, while at the same time creating new jobs and strengthening the EU's leadership and competitiveness in environmental technologies.

In particular, the strategy for integrating the energy system should strengthen the relationship between the various areas where the transition to the latest technologies should be implemented to reduce the harmful impact on the environment — transport, industry, energy, and the residential sector, in order to reduce the cost of this transition.

“This means a system in which the electricity used to charge cars comes from solar power plants on the roofs of our buildings; housing is heated by heat from a station that is located nearby, and the station itself is powered by pure hydrogen produced by offshore wind farms,” the EC press service explained.

This strategy includes 38 steps, including changes to legislation, financial incentives, research, infrastructure planning, and the like.

In turn, the hydrogen strategy includes a set of measures to promote “green” hydrogen in the European energy sector and decarbonize the economy.

“The priority is the development of renewable hydrogen, which will be produced mainly due to the wind and solar energy,” the report said.

The phased approach assumes that in 2020-2024, at least 6 GW of electrolyzers should be installed in the EU and up to 1 million tons of hydrogen will be produced from renewable energy sources. In 2025-2030, it is proposed to reach 40 GW of electrolyzers and production of 10 million tons of pure hydrogen, and by 2050 these technologies will be widely used in all areas.

In addition, to achieve this goal, the European Clean Hydrogen Alliance is being created, where representatives of industry, government, the public, and the European Investment Bank will cooperate.

Recall that Germany and Spain refuse to use coal. Germany will completely abandon coal in the energy sector by 2038. Spain has already closed half of its coal-fired power plants.

It was also reported that the Cabinet of Ministers approved a Memorandum on the “green” tariff. As part of the agreement, “green” tariffs for solar and wind power plants will be reduced.

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