In February 2024, the European Commission presented its assessment for a 2040 climate target for the EU. The Commission recommended reducing the EU’s net greenhouse gas emissions by 90% by 2040 relative to 1990.
Achieving the recently agreed EU target of at least 42.5% renewable energy by 2030, with an ambition to reach 45% renewables, will require a massive increase in wind installed capacity with an expected growth from 204 GW in 2022 to more than 500 GW in 2030.
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