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In the context of accelerating energy transition globally, countries must take actions to accelerate the development of the new energy industry. According to the final version of the bill, EU countries will finalize a new renewable energy target to make 42.5% of the EU's energy come from renewable sources by 2030.

The European Union and its member states are working hard to decarbonize their economies to combat climate change and increase supply security by developing European green industries to avoid energy dependence on any one country. EU diplomats will review the final bill on Wednesday that confirms a political deal reached with the European Parliament in late March.

The final text still needs to be formally approved by EU countries and the European Parliament - a step that usually takes the form of ratifying the agreement without any amendments. The EU's existing target is to reach 32% of renewable energy by 2030. The new bill sets a new binding target of 42.5%, and says member states should aim for 45%. In the transport sector, the bill will require member states to achieve at least 29% renewable energy or reduce the greenhouse gas intensity of transport by at least 13%.

In terms of industry, EU countries need to increase their use of renewable energy by 1.6% per year. 42% of hydrogen used in industrial processes must come from renewable sources by 2030, increasing to 60% by 2035. Negotiations have become tense after France pushed to include nuclear hydrogen production in the talks.

In the final version, the EU agreed that countries could cut their industrial renewable fuel targets by 20% if they produced less than 23% of hydrogen from fossil fuels by 2030 - a move that would push countries using nuclear power to move away from fossil fuels. eliminated from its energy mix.

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