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Finland leading EU renewables push - only country exceeding 2020 targets and average increase

Finland leading EU renewables push - only country exceeding 2020 targets and average increase

Feb 23, 2016
Renewables & smart grid
Bioenergy & biofuels
Solar energy

Finland has joined the prestigious group of countries that have exceeded the 2020 renewable energy targets, according to Eurostat. Finland, with a target of 38%, is however leading the pack in being the only coutry to both overachieve its targets while also exceeding the EU average increase in renewables share for 2014.

Along with Finland, Sweden, Bulgaria, Estonia, Lithuania, Croatia, Romania, Italy and the Czech Republic have reached their 2020 renewable goals.

Some of the EU’s biggest polluters, however, still have a lot to do to reach their goals. Germany, France and the UK, together accounting for 45% of greenhouse gas emissions in the EU, lag behind their targets.

As a whole, the EU generated 16% of its energy from renewables and is on schedule to meet its 2020 target of 20%. In the EU, solar and wind are the fastest-growing renewable energy sources for electricity generation.

Image: Wärtsilä

Source: Climate Central, Carbon Brief

Companies in the sector

Savo-Solar

Solar energy

St1 Biofuels

Bioenergy & biofuels

Moventas

Wind energy