Why energy savingsA fast, fair and attractive energy transition energy efficiency directiveenergy efficiency first
Reducing energy demand is the bedrock to lower energy bills and ensure an independent, inclusive, and climate neutral EU. Reducing energy consumption through energy efficiency measures brings multiple benefits for citizens and society as a whole, with reduced energy imports, lower greenhouse gas emissions, a cut in energy bills, improved health for EU citizens and new and local jobs.
For example, as modelled in a recent Cambridge Econometrics’ study, each additional 1% increase of the 2030 energy efficiency target in the recast Energy Efficiency Directive (EED) would in 2030:
- Reduce by 9.86 billion euros energy and transport bills for households in the EU.
- Save 3.2 billion euros in fossil fuel imports.
- Reduce by an additional 22.7MtCo2eq EU’s greenhouse gas emissions (or about a 0.8% cut).
- Create at least 56,000 jobs.
- Grow the EU GDP by an additional 7.9 billion euros.
The benefits of enhanced energy efficiency policies are clear. They must guide policymakers at the EU, national and local levels and be at the core of the upcoming political agreement on the revision of the EU energy efficiency framework, notably the recast of the EED and of the Energy Performance of Buildings Directive.
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