Eight European companies have issued a statement calling for a strong 2030 EU climate and energy framework, including a legally binding renewable energy target of more than 30%.
The group, comprising acciona Energia, Alstom, DONG Energy, EnBW, ERG, Gamesa, RES and Vestas, outlines three main needs. In the statement, the companies say there is a need for a clear investment signal, to reduce energy prices and risks, and for a coherent overall energy system.
"Europe must remain on the path it has chosen. 2030 is already at our doorstep," the statement says.
The statement later argues that a legally binding renewable energy target will "reduce EU exposure to volatile fossil fuel prices" and "allow the long-term cost reductions in renewable energy technologies to continue."
A copy of the full statement is available HERE.