Renewables

Bulgaria one of three EU countries in reaching RES 2020 targets

Published

March 10, 2015

Country

Comments

comments icon

0

Share

Published:

March 10, 2015

Country:

Comments:

comments icon

0

Share

Energy from renewable sources in gross final consumption in the European Union (EU) reached 15 %  in 2013, compared with 8.3 % in 2004, Eurostat said. The share of renewables in gross final consumption of energy is one of the headline indicators of the Europe 2020 strategy.

The target to be reached by 2020 for the EU is a share of 20 % energy from renewable sources in gross final consumption. Each EU Member State has its own Europe 2020 target. The national targets take into account the member states’ different starting points, renewable energy potential and economic performance.

Three out of the 28 states have already reached the level required to meet their national targets: Bulgaria, Estonia and Sweden. Moreover, Lithuania, Romania and Italy are less than 0.5 percentage points from their 2020 targets. Bulgaria had previously agreed to produce 16 percent of its energy from renewable sources by 2020. This goal was achieved in 2012 and in 2013 the target was exceeded to a 19 % share.

 

Related Articles

serbia auctions regulations quota wind solar

Serbia proposes regulations for its second round of wind, solar auctions

22 October 2024 - The Ministry of Mining and Energy issued, for public consultation, the draft decrees on an upcoming round of auctions for premiums

UGT Renewables UGTR Hyundai Engineering US Serbian solar battery Adam Cortese interview

UGT Renewables, Hyundai Engineering opening new era in US-Serbian relations with giant solar-battery project

22 October 2024 - UGT Renewables and Hyundai Engineering are at the forefront of the US-Serbia energy cooperation agreement, UGTR's CEO Adam Cortese said

Final Greek NECP changes goals for renewable energy, pumped hydro and hydrogen

Greece adjusts goals for renewables, pumped hydropower, hydrogen in final NECP

21 October 2024 - After a lot of back and forth during the last several months, Greece has presented its final version of the NECP

iea energy security electricity

IEA warns geopolitical tensions pose risk for energy security, urges faster clean energy transition

18 October 2024 - Demand for fossil fuels is expected to peak by the end of the decade, as the world is moving fast towards the "age of electricity"