Renewable Energy Opportunities in Europe

The last few years have seen a global focus on renewable energies – development, expenditure, and targets – and the EU was one of the first to proclaim its goal to be climate-neutral by 2050.

But 2022 has been a turbulent year for energy markets across all EU member states. Prices have risen drastically and EU countries are scrambling to put measures in place to minimise the impact for consumers while actively working to reduce dependence on Russian-supplied fossil fuels.

In May 2022, the European Commission presented REPowerEU – a comprehensive plan to “strengthen economic growth, security and climate action”, making EU renewables more relevant than ever before.

Opportunities abound in the European renewable energies market, with strong support from governments and communities. Almost every EU Member State has enhanced tax breaks or benefits for renewable energy production and, while opportunities vary across Member States depending on national goals and targets, now is the perfect time to consider expanding your renewable energy business.

Outsourcing can greatly smooth any challenges you may face, as well has help you capitalise on new opportunities for expansion, in this growing sector. Your local outsourcing partner will have the knowledge, experience and defined procedures in place to minimise your regulatory and legislative risks and ensure your international compliance.

Auxadi are a provider of accounting, tax and payroll services to some of the largest renewables companies, with extensive knowledge of the sector in Europe, and have a strong understanding of the various regulatory requirements and international best practice to expand your renewables operations with ease.