EU energy transition has reached a major milestone according to the EU Commission State of Energy Union 2024 report, with renewable energy accounting for 50% of electricity generation, and signicant progress in clean energy and economic growth from clear data showing GHG emissions dropped by 32.5% since 1990. While challenges and opportunities remain for EU to meet its 2030 targets, no one can deny resilience in face of adversity and risks and the amazing progress achieved, which further demonstrates how leadership, commitment and coordinated effort between governments, legislators, industry alliances working together can advance a global vision for the benefit of all. See full report here and more insightful updates and plans to achieve EU’s 2030 energy and climate goals.
The 2024 State of the Energy Union report highlights the EU’s significant progress in ensuring secure, competitive, and affordable energy, while also laying the groundwork for future economic growth and competitiveness. The report reflects the EU’s success in overcoming energy security challenges, reducing reliance on Russian gas, and accelerating the clean energy transition.
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