Brussels, 8 March 2011
European Energy Efficiency Plan: Commission gears up for more savings with renovation and smart meters
The European Commission today adopted a plan for saving more energy through concrete measures. Energy efficiency is a key tool for strengthening Europe's competitiveness and reduces energy dependence, while decreasing the level of emissions. The set of measures proposed aims at creating substantial benefits for households, businesses and public authorities: it should transform our daily lives and generate financial savings of up to €1000 per household every year. It should improve the EU's industrial competitiveness with a potential for the creation of up to 2 million jobs.
Günther Oettinger, European Commissioner responsible for Energy, said: "Despite progress, our estimates show that we need a further decisive and coordinated action on energy efficiency, without which the EU will not meet its objective of 20% energy savings by 2020. It paves the way for the longer term policies needed to achieve a decarbonised and resource-efficient economy by 2050 and to place the EU at the forefront of innovation. "
Recent Commission estimates suggest the EU will achieve only half of the 20% improvement in energy efficiency it aims for by 2020 if it continues business as usual.
Against this background, the Action Plan proposes several new actions:
The Commission will monitor the implementation of the Action Plan and translate these actions into a legislative proposal in the coming months.
It will report on progress in spring 2013 in the framework of the new EU 2020 governance. If the review shows that the overall EU target is unlikely to be achieved, the Commission will propose legally binding targets for 2020. For now, the priority is for binding measures to help Member States, companies and citizens alike to achieve their savings objectives and to save on their energy bills.
Questions and Answers on the Energy Efficiency Plan: MEMO/11/149.
Energy Efficiency Plan:
DG ENER Energy Strategy for Europe web page:
Intelligent Energy web: http://ec.europa.eu/energy/intelligent/index_en.html
Covenant of mayors: http://www.eumayors.eu/home_en.htm