Commission welcomes Energy Community’s agreement
Commission welcomes Energy Community’s agreement on 2030 energy and climate targets.
The 20th Ministerial Council meeting of the Energy Community, held in Vienna on December 15th, has reached agreement on a number of important issues which will further enhance energy cooperation between the EU, the Western Balkans and the three Eastern Partners – Ukraine, Moldova and Georgia. Crucially, the Contracting Parties agreed on an ambitious renewable energy target of 31% for 2030, as well as energy efficiency and greenhouse gas emissions targets.
At the Ministerial meeting today, the Parties also agreed to implement the EU electricity market rules. Once this is achieved, they will be able to fully access the EU electricity markets, and therefore to freely trade electricity with the EU. Member countries also agreed on strengthened compliance and enforcement of agreed energy rules. The meeting was chaired by Yaroslav Demchenkov, Deputy Energy Minister of Ukraine, which currently holds the rotating Presidency of the Energy Community.
Read more about it here.