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EU on track to meet renewable energy targets: report

Xinhua, June 16, 2015 Adjust font size:

The European Union is on track to meet its 20 percent renewable energy targets, the European Commission said on Tuesday.

This was part of the findings of the Commission's 2015 report on progress made in achieving the EU's legally binding target for a 20 percent share of renewable energy, the 10 percent target for renewable energy use in transport, and the binding national targets by 2020.

With a projected share of 15.3 percent of renewable energy in 2014 in the gross final energy consumption, the EU and the vast majority of member states were advancing well, with 25 member states expected to meet their 2013-2014 national targets, said the report.

Moreover, it noted that achieving the 10 percent target was challenging but remained feasible with a projected share of 5.7 percent renewable energy in transport in 2014.

The renewable energy was becoming a widely accepted, mainstream source of energy with the 2020 targets being a key driver for European-led global investment in renewables and supportive energy policies far beyond Europe's borders, said the report. Endit