Greece will most likely reach a RES energy mix target set for 2020, but problems subduing investment activity in the renewable energy sector, bureaucracy and insufficient network investments being two key concerns, remain, the European Court of Auditors has observed in a special report focused on renewables and electricity generation.
Greece, along with Latvia and Austria, will most probably meet their 2020 target if they continue to implement measures targeting renewables at the current pace, the report noted, adding all three EU member states currently require increases of less than 2 percentage points.
Inspections were conducted in Greece, Germany, Poland and Spain for the report, titled “Wind and solar power for electricity generation: significant action needed if EU targets to be met.”
Specific national targets for the share of gross final energy consumption coming from renewables have been set, ranging from 10 percent to 49 percent.
Greece’s RES target for 2020 is 39.8 percent. Spain has a target of 39 percent, Germany is aiming for 38.6 percent and Poland’s figure is 19.1 percent.
Germany and Spain maintained high rates of progress between 2010 and 2017, while Greece is behind schedule. In 2017, the country was 7 percentage points off target, the report noted.