Fri Oct 09, 2020 by RASHID
THE FUTURE OF SOLAR ENERGY IN EUROPE
Climate change is one of the threatening problems humanity and earth has ever faced as the safety of this habitat is in shambles. Over-reliance of humanity on the conventional sources of energy mainly electricity which is powered by mostly solid fossil fuel or crude oil is the bane to the health of the earth.
Burnt fossil fuels release carbon dioxides and these released into the atmosphere form blanket around the earth. As these gasses increase, the earth gets warmer, sea levels rise and extreme weather conditions occur, which results in wildfires, flooding, drought, etc.
An article by European Environment Agency revealed that, though Europe’s consumption of fossil has seen a drop from 77.8% in 2005 to 71.6% in 2014; fossil fuel continues to dominate the primary consumption of fuels in the EU.
The adverse effect is what the European economy has faced over the years from harsh environmental conditions and drought. Notable is the 2018 and 2019 heatwave and drought which affected agriculture in southern Europe.
However, the European Union for over 2 decades has been relentless in pursuing global renewable energy deployment with some significant progress seen, from a 9% share in 2005 to a 16.7% share in 2015. 2014 saw a great move to push the acceptance of the consumption of renewable energy in the EU.
In October 2014 the European Council agreed on a new set of energy and climate targets, for the period up to 2030, which had a minimum target of 27% share for renewable energy in energy consumed in the EU.
The result for this 27% target and resolution has seen tremendous development with key renewable technologies such as solar PV and offshore wind achieving spectacular cost reductions, exceeding expectations both in terms of speed and extent.
Again according to European Commission and IRENA (International Renewable Energy Agency) reports, technological development has also increased in the end-use sector; with electric vehicles (powered by renewable energy) reaching commercial maturity and could play a major role in renewable energy share in the EU.
Reports indicate that the EU could even exceed the 27% renewable energy share by 2030, with the measures adopted and how fast consumption for renewable energy is growing.
As factories, transport service agencies, households, etc. join this new and safe experience of conserving the environment and protecting our habitat by consuming renewable energy.
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