In its Energy Efficiency Communication 2014 released yesterday, the EU Commission proposes a new energy efficiency target of 30% for 2030. Current measures towards the Union’s 20% energy efficiency goal for 2020 will lead to energy savings of 18-19% by 2020, the Communication further states. Yet the goal could be reached without the need for additional measures if Member States properly implemented the already agreed legislation.
The long-term benefits of the new 30% target for 2030 outlined by the Commission include decreasing dependence on external suppliers. In view of the Ukraine crisis and Europe’s dependence on Russian gas this is an important aspect.
Yet a more ambitious energy efficiency goal will first and foremost mean high investments. European leaders will discuss the proposal at a meeting in October. They will also have to decide whether and to what degree the new goal shall be legally binding.
German Minister of Economic Affairs and Energy, Sigmar Gabriel, welcomed the proposal and already announced to strive for a legal binding target.
On 22 January 2014, the European Commission already proposed a new 40% target for 2030 in greenhouse gas reductions and a 27% target for 2030 for renewable energy (see related posts).
Source: European Commission; Federal Ministry of Economic Affairs and Energy
- Commission Proposes 40% Greenhouse Gas Emission Reduction Target for 2030 – Renewables Target without Individual Member Country Target