2024-03-29, Fri.

Top Stories       Business       Culture & Life       Science & Technology       World

Lecture

Notification

 

NEWS > World


European Parliament Continues to Recognize Primary Woody Biomass as a Renewable Energy Source

Date: 2022-09-15

BETHESDA, MD.-- September 15, 2022 -- Today, the European Parliament once again voted to recognize primary woody biomass as a renewable energy source. This is consistent with its prior classification under both the first Renewable Energy Directive (RED) and RED II. Enviva Inc. (NYSE: EVA), the world’s leading producer of sustainably sourced woody biomass, welcomes the designation as it marks a critical step in the right direction toward more low-carbon, drop-in alternatives to fossil fuels for power and heat generation, as part of an all-in renewables strategy to reduce carbon emissions and limit global dependence on fossil fuels.

Primary woody biomass is an essential renewable energy source for meeting the ambition sought by the EU Parliament to increase renewable energy to 45 percent by 2030, and for achieving the EU’s goal of carbon neutrality by 2050. In the words of Markus Pieper, the Member of Parliament leading on RED III, at the press conference held following the results of the plenary, “We do need wood-based biomass as a source of energy if we genuinely are to undertake this energy transition.”

The Parliament’s vote this week brings its position considerably closer to those of the Council and EU Commission by recognizing primary woody biomass as renewable, ensuring its continued zero-carbon rating in the EU Emissions Trading Scheme, and allowing its use to increase in volume.

“One thing is clear: wood-based biomass is a building block of the energy transition and, despite the vote of left-green Members of the European Parliament, can still be counted as renewable energy. The new directive will set the necessary framework to achieve the greatest possible CO2 reduction effect and not to ensure that our forests are burned in the future. I am counting on the member states to follow our proposals as the procedure progresses (“trilogue”),” continued Mr. Pieper in his statement.

The Council and EU Commission have continued their steadfast support for primary woody biomass and for its increased utilization to deliver climate change benefits and security of energy supply. Today’s vote serves as an initial negotiating position in the European Union’s process. After this vote, the EU Parliament, the Council of the EU, and the EU Commission will begin trilogue discussions, which are negotiations among the three parties, that are estimated to reach a final compromise on RED III in the first half of 2023.

“Heading into trilogues, the EU Parliament brought its position one step closer towards the mainstream views of the Council and the Commission, and away from the earlier minority position taken by the ENVI committee.

“While the process is foreign to those of us in the U.S., as an Austrian native, I can appreciate the complex nature of the EU legislative process, and that a compromise needs to be reached in trilogue negotiations to address the energy transition, security, and affordability crisis facing the EU. Today, biomass accounts for almost 60 percent of renewable energy in Europe.

“All serious pathways for achieving climate neutrality show that the use of bioenergy must and can be increased sustainably. The EU Commission’s own impact assessment for RED III outlines a need to increase bioenergy use from 2030 to 2050 by an average of 69 percent to provide vital grid balancing services, high temperature heat for industry, advanced biofuels, and negative emissions,” said Thomas Meth, President of Enviva.

“A failure to increase woody biomass use in the EU would mean failure in meeting climate goals, increased cost to EU consumers, and further disruption to security of energy supply on the brink of winter, when bioenergy makes up 25 percent of European heating supply and when incremental investments in more woody biomass infrastructure are desperately needed. At Enviva, we are encouraged by the progress made and are confident that a pragmatic and reasonable outcome will be reached,” concluded Meth.



 to the Top List of News

Socialization Dinner for Ambassadors of APO Members and Steering Committee on the APO Vision 2025 Monitoring and Evaluation
United for Bitcoin : 20+ Crypto Organizations Join Global Bitcoin Emoji Initiative
First Doses of BRUKINSA provided to Patients with Chronic Lymphocytic Leukemia in Low- and Middle-Income Countries Under Collaboration
From Commitment to Action: Mary Kay Releases Overview of Transformative Partnership to Advance Women¡¯s Entrepreneurship Globally
Kinaxis Teams Up with Non-Profit Leaders to Accelerate Social and Environmental Impact
Japan Hosted a Conference to Boost Ukraine¡¯s Economic Growth and Recovery
Monaco¡¯s Public Broadcaster Partners with SES to Launch New HD Channel

 

Luxembourg DoD Partners with SES and HITEC to Augment SATCOM Ground In...
New Research by Finnish Child Rights NGO Protect Children Reveals How ...
UAE's ATRC Launches Global Tech R&D Platform at WGS 2024: Allocates US...
Cirium: International Travel Resumes This Spring Festival to China¡¯s ...
Cirium Ascend Consultancy Soars to New Heights: Awarded ¡®Appraiser of...
Republic of Guinea Announces Groundbreaking Round Table of Donors Even...
The Kingdom Concludes Its Participation in WEF AM 2024 With Announceme...
WEF24: Saudi Ambassador to US says Kingdom prioritizing ¡®peace and pr...
Saudi Arabia to Host World Economic Forum Special Meeting in April 202...
Saudi Arabia Expands Partnership with World Economic Forum¡¯s UpLink P...

 

 

60, Gamasanro 27gil, Guro-gu, Seoul, Korea, e-mail: news@newsji.com

Copyright, NEWSJI NETWORK.