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Renewable Energy Directive (REDII)

Renewable Energy Directive (REDII) refers to the European Union’s directive (2018/2001/EU), which is a revision of the initial Renewable Energy Directive (2009/28/EC). REDII sets out a common framework for the promotion of energy from renewable sources. It came into force on December 24, 2018, and it establishes an EU-wide renewable energy target of at least 32% by 2030. The directive includes measures to support electricity production from renewable sources, sectoral targets for heating and cooling, transport, and specific advancements in bioenergy to ensure sustainability. REDII is part of the EU’s Clean Energy for All Europeans package, designed to facilitate the energy transition and ensure the EU meets its Paris Agreement commitments to combat climate change.

The directive lays down rules concerning:

– The overall EU target for renewable energy consumption by 2030
– National contributions to the collective EU target
– Calculating the share of renewable energy
– Support schemes for electricity from renewable sources
– Self-consumption of renewable energy
– Renewable energy use in heating and cooling
– Renewable energy use in the transport sector
– Sustainability and greenhouse gas emissions saving criteria for biofuels, bioliquids, and biomass fuels

For further information, current insights, and the full legislative text of the Renewable Energy Directive (REDII), consider the following resources:

1. **EUR-Lex – European Union Law**
This website provides access to European Union law, where you can find the official text of the Renewable Energy Directive (REDII).

2. **European Commission – Energy**
The European Commission’s official website includes extensive details on the Renewable Energy Directive as part of the EU’s energy strategy.

Please note that web links are subject to change over time. While they are accurate and active at the time of writing, it’s a good practice to verify their current status as needed.

This A.I.-generated glossary is intended to provide a convenient means to understand terminology used on this website in the context of physical commodities trading. Some terms may have alternative and/or expanded definitions that may not be relevant here and thus not included. Sources provided are for reference and not intended to be an endorsement of the broader content on that website. Suggestions, questions, or corrections can be provided in the comment box on definition pages.