Scientific paper ID 1131 : 2015/4

Renewable energy sources (wind, solar energy, hydropower, ocean energy, geothermal energy, biomass and biofuels) are alternatives to fossil fuels that contribute to reducing greenhouse gas emissions, diversify energy supply and reduce dependence on unreliable and volatile markets of fossil fuels, especially oil and gas. The EU is a leader in technology for renewable energy. It holds 40% of world patents in the field of renewable energy sources and in 2012 almost half (44%) of global production capacity for renewable energy (excluding hydroelectric power) is located in the EU. In the sector of energy production from renewable sources in the EU currently employs about 1.2 million people. EU legislation on the promotion of renewable energy has developed considerably in recent years. Currently discussing future policy framework for the period after 20