Legal framework as an accelerator for deployment of renewables – the good, the bad and everything in between
The EU support for renewables, fostered from the outset by climate change and environmental/health as well as energy independence concerns, has prompted across the years a booming renewable business. Then the war in Ukraine broke out and the ensuing energy crisis raised a structural question mark on how EU could best react to these challenges and what role would the renewables play in the process.
Are renewables the solution to the problem or are they part of the problem (the energy price hikes being partially attributed by some analysts to the Green Deal transition)? What will happen with renewables as result of the war: would there be a slow-down or an acceleration in their deployment? These were questions raised in early 2022.