Green energy needs milestones to grow-EU Commission

Many in the renewable energy sector agree on the need for strong guidance, and they want legally binding targets. But some of the EU’s 27 member states strongly oppose new legal goals for renewables and would favour non-binding milestones or nothing at all.

The European Union currently has a firm target to increase the share of renewable energy in the mix to 20 percent by 2020, which analysts and industry say it should meet and could exceed.

“We should continue to develop renewable energy and promote innovative solutions. We have to do it in a cost-efficient way,” Energy Commissioner Guenther Oettinger said in the statement.

“This means producing wind and solar power where it makes economic sense and trading it within Europe, as we do for other products and services… Read more

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