Three leading European energy utilities have called on the European Commission to create an energy plan which includes binding carbon reduction targets for 2030. Dutch Eneco, Danish Dong Energy and British SSE have called for a Second ‘Climate and Energy Package’, to help power companies bridge the gap between 2020 and 2050.
The EU Low Carbon Roadmap 2050 maintains that current EU policies will miss the current 80-95% carbon emissions reduction by 2050. The coalition believes this has to be addressed in order to allow the industry to create a sustainable and affordable pathway to reach the EU’s carbon emissions objectives.
Among the policy package wished for by the coalition is a stronger EU Emissions Trading Scheme, which SSE say would offer more affordable decarbonisation of the energy system beyond 2020.