Financial Mirror (Cyprus)

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

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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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