Monday, December 5, 2016

EC's new Clean Energy for All Europeans package: energy efficiency first



The European Commission has proposed a binding EU-wide target of 30% for energy efficiency by 2030. EC plans to reach this target through:

- Setting the framework for improving energy efficiency in general;
- Improving energy efficiency in buildings;
- Improving the energy performance of products (Ecodesign) and informing consumers (energy labelling);
- Financing for energy efficiency with the smart finance for smart buildings proposal.
Commissioner for Climate Action and Energy Miguel Arias CaƱete said, that by "mobilising up to 177 billion euros of public and private investment per year from 2021, this package can generate up to 1% increase in GDP over the next decade and create 900,000 new jobs”.
The proposal could contribute to take out from energy poverty between 515,000 to 3.2 million households in the EU (from a total of 23.3 million households living in energy poverty).
Energy efficiency is also one of the most cost-effective ways to ensure energy security. An ambitious 30% energy efficiency target will improve energy security by reducing fossil fuel imports by 12% in 2030 which correspondents to import saving of 70 billion euros.
Energy efficiency measures also will help to achieve EU's 40% CO2 emissions reduction target by 2030. Read more at http://europa.eu