EU countries strike deal on renewable energy law with ammonia caveat

European Union countries’ ambassadors struck a deal on Friday on a landmark renewable energy law after the Commission agreed to possibly exempt
certain ammonia plants from renewable fuel targets.
The Commission declaration ends a stalemate on passing the law after France and other states held up its approval for weeks to seek carve-outs for non-renewable fuels such as nuclear.
The law significantly increases the EU’s renewable energy targets, requiring 42.5% of EU energy to be renewable by 2030, replacing the bloc’s current 32% target for that date.
“Meeting the target…will, in certain cases, entail high adaptation costs of plants…This is the case of certain ammonia production plants,” the declaration seen by Reuters showed.
“The Commission, on a case by case basis…will not take into account these existing plants while considering whether they have been fully amortised and when the final investment decision for retrofitting has been taken.”