EU Drive For New Clean Energy Could See Solar Panels on All New Buildings

All new buildings in the EU would be fitted with solar panels on their roofs under plans to turbocharge a drive for renewable energy to replace the continent's need for Russian oil and gas. From a report: The European Commission wants half the bloc's energy to come from renewable sources by 2030, more than double the current figure. The total cost of achieving this would reach hundreds of billions of euros but be offset by an annual $88.6bn saving on imported fuel, according to a copy of the plan seen by the Financial Times and dubbed RepowerEU. One proposal is to "introduce an obligation to have rooftop solar installations for all new buildings and all existing buildings of energy performance class D and above [the most energy-intensive]." The original EU plan to cut carbon emissions by 55 per cent of their 1990 level by 2030 called for a target of 40 per cent renewables. But the war in Ukraine has spurred Brussels to seek energy independence from Russia, which accounts for 40 per cent of the region's gas and about 20 per cent of its oil supplies. Householders will pay an average of $326 extra a year under the plans.

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