The energy transition is already happening today. The fourth liberalisation package is going through the EU codecision process and it introduces exciting new elements for a demand-driven electricity system. The 10 millionth heat pump will be installed next month and we will have a million electric vehicles on Europe’s roads in 2017. Renewables are installed in the tens of GigaWatt and energy management is becoming a standard practice in industry. Energy and climate targets for 2020 will be amply met. And these are just some of the success stories.
But developments are not proceeding fast enough to meet long-term goals. To quote the European Environment Agency, the EU and member states “will have to intensify their efforts considerably to meet longer-term energy and decarbonisation objectives for 2050.” Fortunately, the glass is half full and not half empty, but lately we appear to be slowing down whereas we should be speeding up.
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