New study shows urgent need for objective cost-benefit analysis for energy efficiency

Transparent and impartial evidence of the cost and benefits of the wide range of 2030 energy efficiency targets, as proposed by the different EU institutions, is essential to inform legislators. In that context, the Coalition for Energy Savings calls on the Commission to include a cost-benefit analysis with a societal perspective in the Impact Assessment to provide an objective and overarching view of the different options.

A new study from the Coalition, with contribution from Ecofys, discusses the limitations of using a private and short term perspective to assess public policy making - the approach currently used by the European Commission. The study provides an example of a cost-benefit analysis showing that energy bill savings resulting from energy saving targets of up to 40% would exceed the investments costs.

The Coalition for Energy Savings sent a letter to the Commission’s First Vice-President Frans Timmermans to draw his attention to issues related to the modelling of 2030 energy efficiency ambitions.

Monday, 14 March, 2016