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May 2, 2025 · In addition to energy efficiency, the development of renewable energy is crucial to achieving the goal of carbon neutrality by 2050.
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4 FAQs about Large-scale Solar Power Generation & Energy Storage
How does the Benelux/NSEC benefit Luxembourg?
The Benelux/NSEC provides Luxembourg with access to the sea (in a manner of speaking) and to offshore wind energy. The European Commission has estimated that offshore wind in the North Sea could supply up to 12% of the EU's electricity consumption by 2030.
How will energy-demand flexibility help the integration of renewables?
Consumers will be involved in the implementation of energy-demand flexibility to facilitate the integration of renewables. The energy system will be heavily electrified. This electrification will make it possible to make the best use of electricity produced from renewable energy sources.
How will Luxembourg benefit from the European financing mechanism?
In addition to these bilateral or multilateral initiatives, Luxembourg also intends to make full use of the European Financing Mechanism, which allows European countries to join together to develop and finance renewable energy projects, from which the money will be invested in concrete and clearly identifiable projects for Luxembourg taxpayers.
What are Luxembourg's priorities for achieving the necp objectives?
The following are some of the priorities for achieving the objectives set out in Luxembourg's Integrated National Energy and Climate Plan (NECP): Self-consumption and sharing of renewable electricity. Targeted expansion of heat produced by renewable energy: heat pumps will become standard in new and renovated buildings.
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