Renewables

Bulgaria one of three EU countries in reaching RES 2020 targets

Published

March 10, 2015

Country

Comments

0

Share

Published:

March 10, 2015

Country:

Comments:

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

Albania to boost solar, wind capacity by ten times through 2023

Albania to boost solar, wind capacity by ten times through 2023

25 January 2022 - Albania's transmission system operator OST said wind and solar capacity connected to its network may reach a combined 220.4 MW next year

Green for Growth Fund Tier II capital Egyptian banks

Green for Growth Fund to provide Tier II capital to Egyptian banks

24 January 2022 - The Green for Growth Fund has been granted approval from the Central Bank of Egypt to provide Tier II capital to banks in the country

INA Koncar contract solar power plants

Oil company INA to install largest solar power plant in Croatia

21 January 2022 - The beginning of construction is planned for the spring, and the power plants are expected to be online in 2023.

Montenegro declares nine energy projects as infrastructure priorities

Montenegro declares 13 energy projects as infrastructure priorities

20 January 2022 - The government's list of priority infrastructure includes 81 projects in the environmental protection sector