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EU to set member states stricter renewable energy targets for 2020 - report

February 6, 2008 · No Comments

FRANKFURT (Thomson Financial) - The European Commission is poised to clash with member states over strict national targets it plans to set for boosting the proportion of energy they generate from renewable sources, Handelsblatt reported, citing unnamed EU diplomats.

By 2020, Commissioner Andris Piebalgs wants Sweden to lift its ratio of energy coming from renewable sources to 50 pct, while the proposed target for Austria is 34 pct, 20 pct for Spain and 18 pct for Germany, the newspaper said.

The rate in Germany was 9 pct in 2007, according to the BEE association of renewable energy companies.

As part of the package of new rules, the EU also wants to introduce carbon dioxide emission targets for each member state and set stricter conditions for trading in emission certificates, the newspaper added.

Member states are already claiming the proposed individual targets are too strict, saying they will hurt their economies, the sources were quoted as saying.

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