POST Online Media Lite Edition



 

Ireland to miss EU renewables target, facing €75 million bill

Staff Writer |
Ireland is facing a bill of up to €75 million each year after official predictions that it will fall short of its EU renewable-energy targets.

Article continues below






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.


What to read next

Record 40% of Scotland's electricity is from renewables
Ireland's budget deficit falling quickly
Ireland started to build new wind farm