Government considers options to reduce shortfall in renewable energy targets 

Options to help make up the shortfall include an EU mechanism to contribute to the financing of renewable energy projects in other countries

The Government is yet to decide on whether to participate in the scheme, with further analysis to take place to consider its cost effectiveness. File picture

The Government is projected to miss its renewable energy targets out to 2030, while options to close the gap are being considered.

Ministers heard that while Ireland met its renewable energy targets for 2024 of 16%, the State is projected to miss its targets in both 2025 (27.6%) and 2027 (33.6%).