Renewable Energy Prospects for Central and South-Eastern Europe Energy Connectivity

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The International Renewable Energy Agency (IRENA), at the request of the European Commission (EC), has developed a Renewable Energy Roadmap (REmap) analysis for the Central and South-Eastern Europe Energy Connectivity (CESEC) area. 

This study assesses the potential for renewable energy deployment in the CESEC region by 2030, beyond existing plans. It also analyses how an accelerated uptake of renewables would affect energy costs, investments, fossil-fuel consumption, greenhouse gas (GHG) emissions, the environment and people’s health.

Regional Renewable Energy Roadmap (REmap) analysis shows that renewable sources could cover more than one-third of energy demand across the Central and South-Eastern Europe energy connectivity (CESEC) area cost-effectively by 2030.

Investment in renewables could give CESEC members:

  • Savings on energy costs estimated at EUR 3.4 billion (about USD 4 billion) yearly by 2030;
  • Benefits worth up to EUR 35 billion (USD 40 billion) with environmental and health impact factored in;
  • Greatly improved security of energy supply;
  • A more modern, resilient regional energy system;
  • Closer alignment with Paris Agreement climate goals.

 

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