ABSTRACT
The paper presents a regional case study of the European Union's clean energy policy impact on the European electricity market transformation reaching a tremendous milestone for the EU as confirmed by the European Commission's Directorate-General for Energy (ENER) on 9th April 2021 - the renewable energy sources for the first time in the history overcoming the combined fossil fuels in electrical energy generation mix of the year 2020. This achievement, although influenced by exceptional circumstances of the COVID-19 pandemics and the electricity demand shock, is primarily an effect of the Clean Energy for all Europeans Package implementing the European Green Deal strategy designed to position the EU as a global leader in the green transformation, leading by example and turning climate challenges into a growth opportunity, as such presenting optimistic policy perspective for a global transformation towards a 100% renewable energy world, thus mitigating dire threats of the global warming by drastically cutting greenhouse gases emissions. © 2021. The Authors. Published by International Solar Energy Society Selection and/or peer review under responsibility of Scientific Committee.