EU: Leading Global Technology and Innovation in the Renewable Sector
The EU: Leading Global Technology and Innovation in the Renewable Sector event took place on 19 January 2015 in the framework of the World Future Energy Summit in Abu Dhabi.
A panel of high-level speakers discussed Europe’s leading role as promoter of effective policies and solutions, and the opportunities offered by its industries as providers of advanced technologies for a global low carbon economy.
This event was the first of a set of international gatherings at the European Commission's initiative on renewable energy, in the run up to the COP21 (Paris, December 2015). The European Commission, alongside its international partners, is dedicated to create a new momentum and showcase the solutions steaming from the renewable sector to climate change challenges.
The policy framework that the European Union has set for itself including a binding target of a 20% share of renewable energy by 2020, has proved to be a very effective tool to drive the technology innovation and deployment of renewable sources in the EU, demonstrating a successful example worldwide. Last October, the heads of State and government of the 28 EU Member States agreed to achieve at least 27% share of renewable energy in the final energy consumption by 2030. Leading up to 2020, renewable energy should be part of the announced €300 billion Jobs, Growth and Investment Package, confirming the strategic role of renewable energy not only for energy security but also for economic and industrial development.
This strategic role is in line with what Jean-Claude Juncker, the new President of the European Commission, stated in his mission letter: "We need to strengthen the share of renewable energies on our continent. I want Europe’s Energy Union to become the world number one in renewable energies. This is not only a matter of a responsible climate change policy. It is, at the same time, an industrial policy imperative if we still want to have affordable energy at our disposal in the medium term".
EU: Leading Global Technology and Innovation in the Renewable Sector featured:
- Keynote introductions from high-level representatives of the European Commission;
- Presentations by leading EU CEOs of renewable companies about:
- EU advanced technologies and best practices that can be deployed worldwide;
- The integration of renewable energy in urban environments;
- Success stories from developing countries