10 EU countries pledge to decarbonize energy by 2035 shutterstock

10 EU countries pledge to decarbonize energy by 2035

Katerina Belousova

These countries represent more than 60% of the EU's energy sector

An analysis by the Beyond Fossil Fuels campaign group has shown that only four of the 10 EU countries that plan to phase out fossil fuels by 2035 or earlier have committed to replacing coal and gas with renewable energy sources.

Other countries rely on inappropriate power generation technologies, Euronews reports.

The analysis emphasized that only Austria, Denmark, Lithuania, and Luxembourg plan to replace coal and gas with renewable energy sources. Belgium, France, Germany, Greece, Italy, and the Netherlands have also pledged to decarbonize their energy sector by 2035. However, they are not clear enough about the need to specifically phase out coal and gas in their plans or rely on inappropriate electricity generation technologies.

The report adds that the amount of bioenergy that can be sustainably obtained from ecosystems is limited, especially in the context of the climate crisis and declining biodiversity. In addition, the construction of new nuclear power plants is quite expensive and constantly postponed, and carbon capture and storage technologies have not yet been launched.

It is noted that these 10 countries represent more than 60% of the EU energy sector.

The International Energy Agency recommends 2035 as the time when European countries must decarbonise their energy sectors to achieve a 1.5℃ limit on global warming.

"It is encouraging that many European governments share the desire to usher in an era without fossil fuels by committing to the energy sector by 2035. Now more people need to follow suit," said Beyond Fossil Fuels campaigner Tara Connolly.

The article said that Portugal, Sweden and Romania have similar obligations, but do not meet this date. Although they could increase the number of decarbonized energy capacities of the EU to 70%.

Beyond Fossil Fuels emphasized that specific national commitments are the first step in transforming Europe's energy sector. After all, it provides clear signals to industry and the financial sphere about the direction of the energy transition.

"Meeting the 2035 timeline is only part of the challenge. Governments must clearly state their commitment to phase out coal and gas and replace them entirely with renewables," Connolly said.

Earlier, EcoPolitic wrote, that, according to the EU climate and weather monitoring service Copernicus, in February, the average temperature exceeded the pre-industrial period by 1.77°C and reached a new historical record.

As EcoPolitics previously reported, a study by Polish economists showed that, according to some indicators, a number of EU countries have already achieved the seventh UN Sustainable Development Goal by 2030, i.e. in the field of sustainable energy, during 2020-2021.

Related
The Decarbonization Fund will change the terms of loans: what to expect
The Decarbonization Fund will change the terms of loans: what to expect

Among the clients now are many energy service companies and other private legal entities

EU allocates additional €2.7 billion in ETS revenues for decarbonization and energy efficiency projects
EU allocates additional €2.7 billion in ETS revenues for decarbonization and energy efficiency projects

Among them are projects of modernization of multi-apartment buildings, development of electricity storage systems, reduction of CO2 emissions during heat production, and others

Financing of the Decarbonization Fund will almost double next year
Financing of the Decarbonization Fund will almost double next year

In 3 months of active work, the institution provided loans for the implementation of more than 30 projects

European Commission allocates €4.6 billion of ETS revenues for decarbonization projects
European Commission allocates €4.6 billion of ETS revenues for decarbonization projects

They will be supplemented by national funding schemes