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Energy

More info: Stéphanie Brochard at SBR@amchameu.eu

Making the Clean Energy Package work for all

With its Clean Energy for All Europeans Package, the EU aims to be a global leader in the low-carbon economy transition. 

The Clean Energy for All Europeans Package provides an integrated approach to EU energy policy and proposes useful measures to adapt market rules to new generation and consumption patterns. It restores some market signals and a level playing field for all energy sources, empowers consumers and new players, and rewards flexibility. However, some key investment signals are still missing. 

As US business in Europe, we have a unique stake as both investors and energy users.

 


As investors in Europe

clean energy

We need to balance 3 key elements to make the transition to a low-carbon economy: 


As energy users

Learn more in our Clean Energy Package infographic

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Clean Energy for All Europeans Package Recommendations from the perspective of investors & energy users

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Clean Energy Package: Driving investment in the low-carbon economy

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1

Clearing the hurdles for renewable energy in Europe

Corporate procurement of renewable energy is making a sizeable contribution to energy and climate objectives. In the EU, this business model has yet to live up to its potential compared to other regions of the world, particularly the US, where corporate procurement of renewable energy represents over 8GW. 

Removing obstacles to Power Purchase Agreements (PPAs) for renewables could help the private sector achieve the EU’s 2030 targets, despite reduced public funding for renewables.

 


 

Corporate purchasing in the EU could take us across the finish line but

significant challenges remain

 

See the infographic

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Challenge

Reaching agreements on PPAs


Solution

Track progress in removing administrative hurdles

Develop interconnection and market coupling to support cross-border PPAs

Challenge

Doubts about access to Guarantees of Origin (GOs)


Solution

Increase transparency and harmonisation for issuing GOs

Challenge

Administrative requirements make it more costly to develop renewables


Solution

Support investment in infrastructure and storage and balancing mechanisms to better integrate renewable energy into the grid

Learn more in our renewables infographic

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Corporate power purchasing of renewable energy and the Clean Energy Package

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Useful links

EPBD review: Boosting the investment case in the building sector

Read our position


Clean Energy Package: ITRE vote a positive step for energy efficiency

Read our position


AmCham EU travels to Strasbourg to talk energy and transport

Learn more