Tuesday, October 26, 2021
2 min read
Solar power is expected to be a key enabler for a transition to a low-carbon society. However, while it is an eligible activity in the EU taxonomy, it is not automatically considered to be a sustainable activity. The technical screening criteria set out a number of requirements for solar power to qualify as sustainable.
Here are some top takeaways that you should know about solar power and the taxonomy:
- Generating electricity from solar power is enough to qualify as making a substantial contribution to climate change mitigation, but there are also requirements that the activity does no significant harm in other key areas.
- Solar power installations should use equipment and components of high durability, recyclability and that are easy to refurbish and dismantle in order to be in compliance.
- A climate risk and vulnerability assessment will need to be carried out to identify physical climate risks that may impact the activity.
- Solar power can also make a substantial contribution to pollution prevention and control if installations meet pollutant thresholds set out in the new draft annex.
- There are currently five pollution thresholds covering life-cycle emissions. They address the most significant air pollutant emissions resulting from solar power production in the European Union.
- An Environmental Impact Assessment should be completed for the activity to identify possible risks as well as mitigation or compensation measures required to protect the environment.