Ireland to miss EU renewables target, facing €75 million bill
Ireland is one of only four currently in the European bloc that is expected to miss its 2020 goals, according to European Commission.
The country has been set a legally binding target to generate a set percentage of its energy needs from renewable power by the end of the decade.
The national targets vary from 49% for Sweden, to only 10% for Malta. Ireland’s target was set at 16%.
However the commission’s new study found that four nations were likely to miss their goals: Ireland, Luxembourg, the Netherlands and the United Kingdom.
Ireland’s current development of renewable-energy growth meant it would fall half a percentage point short of its target – enough to attract a possible multimillion-euro bill for "credits" it will need to buy to make up the difference. ■