REPowerEU Plan boosts Fit for 55 package on energy savings
Brussels, 18 May 2022
As a follow-up to the REPowerEU communication published on the 8th of March 2022, today’s plan lays out a set of measures to reduce EU’s dependency on Russian fossil fuel imports, including a legal proposal to revise upwards the 2030 energy efficiency target and an EU “Save Energy” plan.
With the REPowerEU plan, the European Commission acknowledges that the clean energy transition must be accelerated beyond the Fit for 55 Package to increase the EU’s energy security, notably by enhancing proposals that are already under review by the co-legislators, including the Energy Efficiency Directive (EED).
The Commission has proposed an amendment to its July EED recast proposal to increase the EU 2030 binding energy efficiency target from 9% to 13%. While this is a clear signal that saving energy must be boosted to achieve EU energy independence, this increase is still below the full cost-effective energy savings potential, which recent analysis showed to be at 19% as a minimum given the surge in energy prices.
Media Contact: Milena Vergara +32 4 79 35 01 03 | milena.vergara@energycoalition.eu | @EUenergysavings
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