Coalition calls for energy savings to be treated as objective in its own right
1 July 2013 - The Coalition submitted its response to the European Commission's consultation on the 2030 green paper for a climate and energy framework, taking the opportunity to urge the inclusion of an energy savings targets in the eventual 2030 package.
The Coalition believes that energy efficiency is the economic pillar of a 2030 policy framework for climate and energy, which has to be put in place because, and not in spite of, the economic crises. An energy savings target is needed to drive efficiency policies and should be based on a bottom-up approach that assesses the cost-effective savings potentials in each sector and linked to the 2050 perspectives. It will increase the acceptability and stability of the policy and reinforce the renewable and climate objectives.
By realising its cost-effective energy savings potentials, the EU would achieve over €239 bllion in annual net savings in 2030 and around €500 billion in 2050. Energy efficiency programmes have also been proven to reduce energy bills for industry and households, and public budget allocations for energy efficiency spur private investment that boost employment and innovation.
Energy efficiency is also the largest clean-tech market worth €720 billion globally in 2010 and growing annually by 10%.
Given the recent passage of the Energy Efficiency Directive and the need for the EU to manage the impacts of the economic, employment and social crises, it is imperative that an energy savings target figures into the 2030 climate and energy package. A long-term vision for energy efficiency is what the EU needs to ensure a sustainable, competitive future.
You can read the Coalition's full green paper response here.