The EU Clean Energy Policy Under the European Green Deal and COVID-19 Pandemics - How the Renewables Historically Won the Majority Share in the Eu's Electrical Energy Mix
Abstract
The paper presents a regional case study of the European Union's clean energy policy impact on the European electricity market transformation reaching a tremendous milestone for the EU as confirmed by the European Commission's Directorate-General for Energy (ENER) on 9th April 2021 – with renewable energy sources for the first time in the history overcoming the combined fossil fuels in electrical energy generation mix of 2020. This achievement, although influenced by exceptional circumstances of the COVID-19 pandemics and the electricity demand shock, is primarily an effect of the Clean Energy for all Europeans Package implementing the European Green Deal strategy designed to position the EU as a global leader in green transformation, leading by example and turning climate challenges into a growth opportunity, as such presenting an optimistic policy perspective for the global transformation towards 100% renewable world, deserving a thorough study.