Renewable-based Pathway Key to Palau’s Welfare
28 June 2022 | Articles
For more than two decades, the European Union (EU) has been at the forefront of global renewable energy deployment. The adoption of long-term targets and supporting policy measures has resulted in strong growth in renewable energy deployment across the region, from a 9% share in gross final energy consumption in 2005 to 16.7% in 2015.
The REmap study by the International Renewable Energy Agency (IRENA), prepared in co-operation with the European Commission, identifies cost-effective renewable energy options for all EU Member States, spanning a wide range of sectors and technologies.
The Executive Summary of the report is available in English and French (français).
Key findings:
Tapping the additional renewable energy potentials identified in the study would propel the EU further on a decarbonisation pathway compatible with the ‘well-below’ 2°C objective established in the Paris Agreement. The importance of both an EU-wide target and national-level commitments are critical, as is the faster deployment of renewables, feasible with today’s technology. Finally, substantial socio-economic and environmental benefits across the EU would be garnered from additional renewables deployment.
The study forms part of IRENA’s global REmap analysis, which sets out a practical roadmap for doubling renewables in the global energy mix.