EU set to meet its renewable energy targets by 2020

European Union is set to achieve target of deriving at least 20 percent energy from renewable sources by 2020.

The target is part of the EU's so called 20-20-20 strategy, which also foresees a 20 percent reduction in greenhouse emissions below 1990 levels and a 20-percent increase in energy efficiency, all by 2020.

"This is a very positive sign for the environment, as it will help us to cut carbon dioxide emissions and at the same time enhance energy security," Energy  Commissioner  Guenther Oettinger commented.

Source - DPA