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| How much could countries save money |
| Brussels, 08.12.2022 |
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| Boosting the EU’s ambition on renewable energy could halve gas imports and save billions of euros.
A “small step up” in ambition for renewables would make a massive difference, according to energy think tank Ember.
Adopting a target for renewables to make up 45 per cent - instead of 40 per cent - of Europe’s energy mix by the end of the decade would save €43 billion in 2030, it calculated.
In total, €200 billion of gas costs could be avoided between 2025 and 2030. Between these dates, Germany alone would save €49.7 billion, Italy €29.9 billion and the Netherlands €20.2 billion.
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