While good progress is being made in some Member States, the tempo in most is insufficient to reach the renewable expansion targets. In addition, the EU's dependence on Russian fossil fuels had to be re-evaluated after Russia's invasion of Ukraine.
In the resulting energy crisis, the European Commission responded first by publishing the "RePowerEU" Plan, providing for energy saving measures, the diversification of supplies, the acceleration of Europe's energy transition and the combination of investments and reforms. In November 2022, the Commission additionally published a proposal for a Council Regulation on an emergency regulation to speed up the rollout of renewables ("Emergency Regulation"). This regulation, formally adopted by the Council, entered into force on 30 December 2022.
Both the "RePowerEU" Plan and the Emergency Regulation provide for mechanisms to accelerate the expansion of renewables in the EU. But how do those mechanisms affect market players in the renewables sector? Christoph Cudlik and Benjamin Schlatter will give an overview in this Lexology Webinar of the acceleration measures, the role of Member States, the effects on permitting procedures and on legal certainty, and much more.
Register for the webinar here.