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European Union

EU solar energy transition: legislation, policy, permitting and investment—targets and trackers including REPowerEU, electricity market reform, Net Zero Industry Act and Critical Raw Materials Act

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Context

Under the European Green Deal, the EU has outlined bold milestones to steadily cut greenhouse gas output to and past 2030, with the end goal of net zero by 2050. Regulation (EU) 2021/1119 of 30 June 2021 (the EU Climate Regulation) makes it a binding legal duty for the Union to deliver a 55% drop in carbon emissions from 1990 levels by 2030 and to attain complete carbon neutrality by 2050. The European Commission estimates that generating and consuming energy is responsible for over three quarters of the EU’s greenhouse gas footprint. Swift decarbonisation of the energy system is therefore essential to hit the 2030 and 2050 targets. To this end, the EU is designing and rolling out a legal and policy architecture for a climate‑neutral, ‘clean’ energy system, centred on renewable energy and renewable hydrogen, together with improved energy efficiency. Moving to a low‑carbon energy system has long featured on the EU policy agenda. The European Green Deal goals build on, and heighten the ambition of, prior EU strategies and action plans—including the 2030 Climate and Energy Framework adopted in 2014 and...

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Web page updated on 21/05/2026

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