IMPORTANT NOTICE | Mayberry Investments Limited is a cashless institution.

Mayberry Investments Limited is a cashless institution.
Please note that cash deposits into any Mayberry account held at commercial banks, whether made in-branch or via Automated Banking Machines (ABMs), are not accepted and will not be processed. For information on accepted payment methods, please contact your Investment Advisor.

Renewable energy in the EU: Share of renewables in energy consumption in the EU reached 17% in 2016

January 25, 2018

The statistical office of Europe (Eurostat) on 25 Jan 2018 has reported that eleven member state has already achieved their 20/20 target, regarding the  portion of their energy consumption that derives from renewables. For 2016, the portion of energy consumption that was sourced from renewable alternative reached 17% of gross final consumption in the European Union (EU).  This represent a 100% increase from 2004s (8.5%). The EU’s target is to obtain 20% of energy in gross final consumption of energy from renewable sources by 20/20 and at least 27% by 2030. Each individual country has their own target.

The share of renewable sources in gross final consumption of energy grew significantly in all Member States compared with 2015. A breakdown of the figures by country reveals that Sweden had by far the highest share in 2016 (53.8%), ahead of Finland (38.7%), Latvia (37.2%), Austria (33.5%) and Denmark (32.2%). At the other end of the spectrum, the lowest proportions of renewables were registered in Luxembourg (5.4%), Malta and the Netherlands (both 6.0%).

The chart below shows member states and the portion of their energy consumption that comes from renewable.

More Stories from the Market
shutterstock_148562033
June 4, 2026   Supreme Ventures Limited (SVL) has advised that on June 3, 2026, a Director purchased 100,000 SVL shares.   Dis…
shutterstock_148562033
June 4, 2026   NCB Financial Group Limited (NCBFG) has advised that a connected party purchased 2,000,000 NCBFG shares on June 1, 2026. …
shutterstock_453968572
June 4, 2026   Massy Holdings Ltd. (MASSY) has advised that Mr. Patrick Hylton was elected Chairman Designate of the Board of Directors, ef…
shutterstock_537598660
June 4, 2026 Jamaica is setting its sights on a new era of tourism growth, with Tourism Minister Edmund Bartlett unveiling an ambitious strategy …
shutterstock_453968572
June 4, 2026   United States: Iran Says No Progress in US Talks as Lebanon Sees More Clashes   Iran said there had been no recent …
shutterstock_148562033
June 3, 2026   JFP Limited (JFP) has advised that on June 2, 2026, a connected party purchased 2,489,692 JFP shares and a Director sold 1,9…
shutterstock_609342323
June 3, 2026   Kingston Wharves Limited (KW) has declared a dividend of J$0.26 per stock unit payable on August 14, 2026, to stockholders o…
shutterstock_342262439
June 3, 2026   Scotia Group Jamaica Limited (SGJ) advised that at a meeting of its Board of Directors to be held on June 11, 2026, a divide…