EU Commission: Using solar energy to combat electricity price fluctuations

With its focus on solar energy, the EU Commission is driving forward industry access to long-term power purchase agreements and faster project implementation. This article examines the Commission's current work plan and explains why solar energy is considered a key technology for stable energy costs and climate protection.

The rising electricity costs and electricity price fluctuations in recent weeks have kept households and industry on their toes. On all sides, the Demands for alternatives to renewable energy generation louder. Particularly in focus: the numerous advantages of solar energy.

"The EU Commission has just published its work plan for 2022 - with solar energy as the only energy technology mentioned."

Walburga Hemetsberger, CEO of Solarpower Europe

Exploiting the potential of solar and curbing electricity price fluctuations

In 2022, the EU Commission would like to Exploit the enormous potential of solar energy. Currently, for example, there is a discussion on how to simplify the lengthy approval procedures within the framework of legislation. Likewise, there is a Solar obligation for newly built or renovated industrial sites. The Commission's guidelines also provide for the Accelerate the approval of new projects and recommends promoting industry access to renewable energy power purchase agreements.

Legal measures and solar obligation

In the coming months, concrete legal measures are now to be developed in order to, on the one hand through solar energy effective protection against extreme fluctuations in electricity prices and, on the other hand, to protect the earth from high CO2-emissions.

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