Council Regulation (EU) 2022/2577 lays down a framework to accelerate the deployment of renewable energy in the European Union. This regulation is part of the EU's efforts to combat climate change, reduce greenhouse gas emissions, and increase the share of renewable energy in the EU's energy mix.
The regulation aims to create a conducive environment for the development and deployment of renewable energy technologies across the EU. It sets out a framework for member states to increase the share of renewable energy in their energy consumption, sets binding targets for renewable energy deployment, and establishes mechanisms to support renewable energy projects.
Compliance with the regulation is essential for businesses in the renewable energy sector to contribute to the EU's efforts to combat climate change and increase the share of renewable energy in the EU's energy mix.