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.
In response to these concerns, the EU Commission and EU Council have swiftly turned the challenges posed by the war into a historical opportunity to accelerate at an even faster pace the green transition across EU. The EU authorities have embraced renewables more than ever before, insisting with every opportunity on the deployment of renewables as a means to fight the weaponization of the gas supply by Russia in the new geopolitical context shaped by the Ukraine war.