articles | 10 February 2016

Cyprus renewables share rises to 9%

The share of renewables in energy consumption for Cyprus rose to 9% in 2014 from 8.1% in 2013 and just 3.1% in 2004, but it still well below the EU average of 16%.

Eurostat reported on Wednesday that nine Member States had already achieved their 2020 targets. The EU average target is 20% renewables by 2020.

Cyprus has a target of 13% by 2020, while some countries, such as Sweden, Estonia and Latvia, have targets of 40% or more.

For the EU as a whole the 16% share of energy from renewable sources in gross final consumption of energy was almost double that of 2004 (8.5%), the first year for which the data is available.

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 of energy.

However, renewables will continue to play a key role in helping the EU meet its energy needs beyond 2020. For this reason, Member States have already agreed on a new EU renewable energy target of at least 27% by 2030.

Source: InCyprus

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