European Commission adopts Energy Efficiency Plan 2011

On 8th March 2011, the EC adopted its Communication, "Energy Efficiency Plan 2011", which puts energy efficiency at the heart of the Europe 2020 Strategy for what it calls “smart, sustainable and inclusive growth and the transition to a resource efficient economy.”

According to the Communication, “energy efficiency is one of the most cost effective ways to enhance security of energy supply, and to reduce emissions of greenhouse gases and other pollutants. In many ways, energy efficiency can be seen as Europe's biggest energy resource.”

Despite steps taken by the EU to save 20% of its primary energy consumption by 2020, compared to projections, recent Commission estimates suggest that the EU is on course to achieve only half of the 20% objective. On 4th February 2011, the European Council called for Member States to take “determined action to tap the considerable potential for higher energy savings of buildings, transport and products and processes.” The new Energy Efficiency Plan is the EC’s response to this.

The Energy Efficiency Plan will be coordinated with other policy actions under the Europe 2020 Strategy's Flagship Initiative for a Resource Efficient Europe, including the 2050 Roadmap for a low-carbon economy.

According to the Communication, the combined effects of full implementation of the existing and new measures will “transform our daily life and have the potential to generate financial savings of up to EUR 1 000 per household every year; improve Europe’s industrial competitiveness; create up to 2 million jobs; and reduce annual greenhouse gas emissions by 740 million tonnes.” The greatest energy saving potential lies in buildings, says the Communication, followed by the transport sector and lastly, industry.

Concrete measures proposed included renovation of buildings and a greater use of ‘smart meters’.

For further information:
http://ec.europa.eu/energy/efficiency/action_plan/action_plan_en.htm

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