Recent reports suggest the European Union will exceed its target of getting 20% of its energy from renewable sources in 2020. The latest national projections submitted by governments to the EU executive suggest the 27-nation bloc could reach an overall renewable share of 20.3% by the end of the decade. Spain and Germany are projecting the largest surpluses in 2020, predicting they will exceed their national renewable targets by 2.7 and 0.7 percentage points, respectively. However, there are projected shortfalls in several EU countries, including Italy, which expects to miss its 17% target by 1 percentage point. EU governments that miss their 2020 targets will be forced to buy surplus renewable production from other countries to make up the difference, or could face legal action from the Commission.
Tags: 2020, EU, European Union, renewable sourcesEU Meeting Renewable Goals
Recent reports suggest the European Union will exceed its target of getting 20% of its energy from renewable sources in 2020. The latest national projections submitted by governments to the EU executive suggest the 27-nation bloc could reach an overall renewable share of 20.3% by the end of the decade. Spain and Germany are projecting [...]
WHAT TO DO NOW?