New IRENA report confirms cost-competitiveness of renewables; warns of mounting grid integration and financing challenges notably in emerging and capital-constrained markets.
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The EU is having difficulties securing the supply of the raw materials it needs to meet its energy and climate goals. This is the conclusion of a new report by the European Court of Auditors (ECA). EU action on import diversification is not producing tangible results, bottlenecks hinder domestic production, and recycling is still in its infancy. Against this backdrop, many EU-supported projects are unlikely to succeed in time, the auditors say.
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