With
the
expiration
of
its
existing
policy
framework
–
and
its
flagship
20%
by
2020
renewable
energy
target
–
a
“mere
eight
years
away”,
the
EC
concedes
that
its
original
plan
to
present
a
new
one
as
late
as
2018
has
been
overtaken
by
events.
In
a
statement
setting
out
options
for
beyond
2020,
the
EC
says
the
current
economic
and
financial
situation
has
made
investors
nervous
about
backing
the
“policy-dependent”
renewables
sector.
Without
a
suitable
replacement
framework
“renewable
energy
growth
will
slump”,
it
warns.
“The
Commission
senses
a
growing
belief
among
stakeholders
that…
