Can Europe achieve its 2030 goals with solar?

The success of solar is evident on rooftops across Europe. From 1 gigawatt (GW) of installed capacity in 2004 to 269 GW in 2023, Europe is well on its way to reaching its 2030 goals. “Solar PV is on a mission to support Europe to become the most secure, cleanest and most prosperous continent in the world.”

What is Solarpower Europe's dream scenario?

Based on SolarPower Europe’s dream scenario, electricity costs across Europe would drop by 25 per cent by 2030 and 33 per cent by 2040. As well as projections, SolarPower Europe also offers a comprehensive action plan to enable Europe to meet its climate and energy transition goals. This plan includes four key aspects:

How flexible is the EU energy system?

That is two-thirds of the total EU energy system flexibility needs! Conversely, and despite a much larger electrification of the energy system, fossils fuels and nuclear ramp ups are minimised to 7% and 3% respectively, which render additional economic and environmental benefits.

Is the sun shining brightly on Europe's energy sector?

The sun is shining brightly on Europe's energy sector. The European Union is on track to become a global solar powerhouse, with ambitious goals of reaching 750 GW by 2030. But the sun doesn't always shine. The challenge now lies in creating a system that can handle the fluctuating nature of renewables, upending energy management as we know it.

What enabling technologies play a role in the smart grids sector?

In this report, the focus is on the role played by a subset of enabling technologies in the smart grids sector: Transmission innovation (TI), Grid-scale storage services (GSSS), Electric vehicles smart charging (EVSC), Advanced meter infrastructure (AMI) and Home energy management systems (HEMS).

Will Europe reach a 42 per cent renewable electricity goal by 2030?

Reaching Europe’s goal of a 42 per cent total share of renewable electricity by 2030 will require almost doubling what we have at the moment, panel host Robert Hodgson warns. In the electricity sector, that figure is even higher, roughly 70 percent by the end of the decade.