EU Commission Agrees 30% Energy Savings Goal

THE EU looks set to accept a 30% energy saving target by 2030, with the European Commission proposing the goal in a communication yesterday.

The proposal claims new opportunities for European businesses, affordable energy bills for consumers, increased energy security through a significant reduction of natural gas imports and a positive impact on the environment: these are some of the expected benefits of the energy efficiency target for 2030.

The proposed target of 30% builds on the achievements already reached: new buildings use half the energy they did in the 1980s and industry is about 19% less energy intensive than in 2001.

The proposed target goes beyond the 25% energy savings target which would be required to achieve a 40% reduction of CO2 emissions by 2030. At the same time the framework on energy efficiency put forward today aims to strike the right balance between benefits and costs.

Günther H. Oettinger, Vice-President of the EU Commission responsible for energy said: "Our proposal is the basis to drive the EU towards increased security of supply, innovation and sustainability, all in an affordable way. It is ambitious and at the same time it is realistic. The energy efficiency strategy will complete the 2030 framework on energy and climate which has been presented in January 2014. Our aim is to give the right signal to the market and encourage further investments in energy saving technologies to the benefit of businesses, consumers and the environment."

The Communication on energy efficiency and its contribution to energy security and the 2030 framework presented yesterday also reviews progress towards the European Union's 20% energy efficiency target for 2020. The EU is currently forecast to achieve energy savings of 18-19% in 2020; however, the agreed target of 20% can be reached if all EU countries fully implement the already agreed legislation. The Commission does not intend to propose new measures, but calls on the Member States to step up their efforts to ensure collective delivery of the 2020 target.

Picture: European Commission by JLogan, reproduced under CCL.

Thursday 24th July 2014


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