A mandatory renewable energy target is a government legislated requirement on electricity retailers to source specific proportions of total electricity sales from renewable energy sources according to a fixed timeframe. The additional cost is distributed across most customers by increases in other tariffs. The cost of this measure is therefore not funded by government budgets, except for costs of establishing and monitoring the scheme and any audit and enforcement actions.
At least 66 countries, including 27 EU countries have renewable energy policy targets of some type. The EU baseline target is 20% by 2020. While the USA does not have a national RET, 29 of its states do. Similarly Canada has 9 provincial RETs but no national target. Targets are typically for shares of electricity production, but some are defined as by primary energy supply, installed capacity or otherwise. While some targets are based on 2010-12, many are now for 2020 which ties in with the IPCC suggested greenhouse gas emission cuts of 25 to 40% by Annex I countries by 2020, although some are for 2025.
Read more about Mandatory Renewable Energy Target: Overview, See Also
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“Off south, the bison multiply so fast
a slaughters mandatory every spring
and every spring the creeks get fat
and Kicking Horse fills up.”
—Richard Hugo (19231982)
“Since the beginning of time, three-quarters of the mental energy and of the lies inspired by vanity have been expended for their inferiors by people who are only abased by such expenditure. And Swann, who was easygoing and unaffected with a duchess, trembled at the thought of being scorned and put on airs when he was with a housemaid.”
—Marcel Proust (18711922)
“But this we know, the obstacle that checked
And tripped the body, shot the spirit on
Further than target ever showed or shone.”
—Robert Frost (18741963)