EU Sets Binding Energy Efficiency & Renewable Share Targets

THE European Parliament approved a binding 2030 target on energy efficiency (32.5%) and a target for renewables (32%) that will play a crucial role in meeting the EU’s climate goals.
The Parliament on Tuesday confirmed the provisional agreement reached with the European Council in June on energy efficiency, renewables and governance of the Energy Union - three important legislative files that are part of the Clean Energy for All Europeans package.
By 2030, energy efficiency in the EU has to have improved by 32.5%, whereas the share of energy from renewables should be at least 32% of the EU’s gross final consumption. Both targets are to be reviewed by 2023. These targets can only be raised, not lowered.
By making energy more efficient, Europeans will see their energy bills reduced. In addition, Europe will reduce its reliance on external suppliers of oil and gas, improve local air quality and protect the climate.
For the first time, member states will also be obliged to establish specific energy efficiency measures to the benefit of those affected by energy poverty.
Member states must also ensure that citizens are entitled to generate renewable energy for their own consumption, to store it and to sell excess production.
Energy efficiency rapporteur Miroslav Poche said: “Increased energy efficiency is a win-win policy for all Europeans. It is a good deal for our citizens, as it will bring about major reductions in energy consumption, thus reducing bills. But it is also great news for the competitiveness of European industry, reducing costs and stimulating investment.”
Once the Council formally adopts the deal, the new rules will be published in the Official Journal, and enter into force 20 days after publication. The regulation on governance will be directly applied in all member states, whereas member states will have to transpose the new elements of the other two directives into national law no later than 18 months after its entry into force.
Source: EU - photo Adobe Stock.
Wednesday 14th November 2018
Comments
To Comment you must be a member of The ESA, please login or register to join
News Categories
News Archive
May 2019
January 2019
December 2018
November 2018
October 2018
September 2018
August 2018
July 2018
June 2018
May 2018
April 2018
March 2018
February 2018
January 2018
December 2017
November 2017
October 2017
September 2017
August 2017
July 2017
June 2017
May 2017
April 2017
March 2017
February 2017
January 2017
December 2016
November 2016
October 2016
September 2016
August 2016
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
January 2016
December 2015
November 2015
October 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
March 2015
February 2015
January 2015
December 2014
November 2014
October 2014
September 2014
August 2014
July 2014
June 2014
May 2014
April 2014
March 2014
February 2014
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
December 2012
November 2012
October 2012
September 2012
August 2012
July 2012
June 2012
May 2012
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
There are currently no comments, be the first to comment above.