Energy Efficiency Saves Now and Into the Future for Europe

THE European Commission is to shift focus to the building industries energy efficiency after energy imports into the EU reduced by $27 billion last year due to energy efficiencies.

Arias Canete, European Commissioner for Climate Action and Energy, highlighted the building industry, “which accounts for an inefficient 40% of our energy consumption”, and he feels offers a huge opportunity for further energy and cost savings. He added that an update to the Energy Performance of Buildings Directive is to be proposed soon.

Canete also stated at an event in Brussels: “The electricity market..…..will also be driven by a technological revolution that will give consumers a chance to become active players in the markets through demand response, self-consumption or storage.

“But this sort of change doesn’t happen overnight and it doesn’t happen without a clear policy and regulatory framework and perhaps more importantly, reforming the electricity market shouldn’t be seen in isolation but as a cornerstone of the decarbonisation of our entire energy system. After all, a decarbonised power supply can provide an important contribution to our efforts to green the transport and heating sectors as well.

“And that is exactly why before the end of the year we will propose a comprehensive package of measures that will help to achieve a radical overhaul of the EU’s entire energy system.”

The program Smart Financing for Smart Buildings is the device that the European Commission reckons will speed up building energy efficiency upgrades.

Picture of European Commission by Amio Cajander under CCL BY-SA 2.0.

Friday 28th October 2016

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