The Clean Energy Package sets a renewable energy target of at least 32% by 2030. For investors, this
target is the minimum to keep momentum going in the fast-growing sector that is the renewable
energy industry. Meeting this target is necessary for Europe to reap the economic benefits resulting
from a clean and efficient energy system by 2050. This will strengthen European competitiveness at
the global level boosting domestic jobs and growth.
For the EU to be world leaderin renewables and leading force on climate action, European and national
policies must help increasing renewable energy shares in the final energy demand: in electricity,
heating & cooling and transport. This is of utmost importance to decarbonize the EU economy. A
higher share of renewable energy in all final energy uses will create more jobs, push technological
innovation, boost infrastructure development at the local, regional and national levels.