The EEA analysed figures from EU member states and concluded that Europe is "ahead of the planned trajectory" to reach the target of 20% electricity produced by renewable energy sources by 2020.
EEA based its research on member states' 2012 totals.
Renewable energy in the Europe was due to reach a 13% share by 2012. EEA figures found it had beaten the expectation by reaching a 14.1% share.
EEA's analysis also found that the EU is likely to "surpass" the green house emissions reduction target and energy efficiency is falling faster than expected.
Hans Bruyninckx, executive director at the EEA, said member states' policies were behind the encouraging figures.
The EEA's study follows the report by the EU's Keep on Track monitoring body, which this month found only nine countries would meet the individual legally-binding targets.
The two studies agreed that Spain, Portugal, Malta, France and the Netherlands were behind in reaching their renewable energy targets having not met the 2012 interim targets used in the reports.