EU mem­ber states not reach­ing 2020 en­ergy ef­fi­ciency goals, says Com­mis­sion

Financial Mirror (Cyprus) - - FRONT PAGE -

Fur­ther ef­forts are needed by mem­ber states to reach the EU’s en­ergy sav­ing tar­get of 20% by 2020, the Euro­pean Com­mis­sion said in a leaked draft com­mu­ni­ca­tion ob­tained by the EU news and pol­icy site EurAc­tiv.

The Com­mis­sion also wa­tered down con­sid­er­ably in the lat­est draft.

Based on an anal­y­sis of mem­ber state ac­tions and additional fore­casts, the Com­mis­sion now es­ti­mates that the EU will achieve en­ergy sav­ings of around 18-19% in 2020, ac­cord­ing to the draft doc­u­ment. How­ever, the Com­mis­sion also writes that if all mem­ber states now, “work equally hard to im­ple­ment fully the agreed leg­is­la­tion then the 20% tar­get can be achieved with­out the need for additional mea­sures.”

These ef­forts could in­clude in­form­ing con­sumers bet­ter of the en­ergy per­for­mance of build­ings for sale or rent, forc­ing util­i­ties to work­ing with their cus­tomers to ob­tain en­ergy sav­ings, and strength­en­ing mar­ket sur­veil­lance of the en­ergy ef­fi­ciency of prod­ucts.

En­ergy ef­fi­ciency has a fun­da­men­tal role to play in mak­ing Europe more com­pet­i­tive, the EU ex­ec­u­tive be­lieves. While en­ergy pow­ers economies, fu­ture growth needs to be driven with less en­ergy and at a lower cost. The EU can deliver this new par­a­digm, the Com­mis­sion states.

EurAc­tiv pre­vi­ously re­ported that the Com­mis­sion had pro­posed a 40% en­ergy ef­fi­ciency tar­get for 2030 which would grow Europe’s econ­omy at a rate of 4% a year, spark an an­nual 3.15% boost in em­ploy­ment, and cut fos­sil fuel im­ports by EUR 505 bln a year.

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