- Press Releases
(SeeNews) - Nov 28, 2013 - The European Commission (EC) has filed an appeal with the European Court of Justice against Cyprus for its failure to include the European Union (EU) laws for renewable energy in the national law.
The EC has proposed a daily fine of EUR 11,404 (USD 15,490) from the date of the publication of the judgement, the Cyprus Mail said Wednesday.
According to the EU's Renewable Energy Directive, some 20% of the total power generation in the EU must come from renewable energy sources by 2020 and carbon dioxide emissions (CO2) must be cut by 20% as compared to 1990 levels. All member countries were presented with specific targets and were required to pass laws and implement the policy. They had a deadline until December 2010 to transpose the renewable energy directive.
For Cyprus, the 2020 renewable energy target stands at 13%.
(EUR 1.0 = USD 1.3581)