European renewable energy growth 'outstripping forecasts'

01 Oct 2010
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European renewable energy growth 'outstripping forecasts'

The rate of growth seen in the European renewable energy sector will help EU countries to easily meet and exceed targets set for 2020.

A report from the European Renewable Energy Council (EREC) on the tenth anniversary of its foundation has shown that 2010 green energy objectives set out in 1997 have been surpassed by a significant margin.

For example, the current installed capacity for solar energy in the EU is now 16GW, five times higher than the 1997 targets, while the geothermal energy generation capacity has tripled the amount forecast.

In addition, the 21 National Renewable Energy Action Plans submitted to the European Commission indicate that at least 13 member states are expected to exceed their binding 2020 target for 20 per cent of energy to come from renewable sources.

EREC secretary general Christine Lins said: "Even in economically challenging times, we are convinced that Europe will not only meet the binding target for 2020 of at least 20 per cent, but clearly surpass it."

Later this month, EU environment ministers will be congregating in London to discuss renewable energy matters at the European Future Energy Forum.

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