Update of the EU Renewable Energy Directive published in official journal
The final version of the updated Renewable Energy Directive (RED II) has now been published in the official journal of the European Union, and Member States must transpose its provisions into national law by the end of June 2021.
The Directive sets a binding target of 32% renewables in the EU energy mix by 2030, though this target is to be reviewed and potentially increased following a review in 2023.
Within the overall target, a 14% subtarget has been set for the transport sector, and the Directive states that EU Member States will no longer subsidise first-generation biofuels, whilst biofuels made from soybeans and palm oil will be capped at 2019 levels, and phased out from 2023. The agreement also sets the first ever European target for advanced biofuels of 3.5% by 2030.
Click here to access the directive in the Official Journal of the EU