The European Commission has released today the "Communication on Energy Efficiency and its contribution to energy security and the 2030 Framework for climate and energy policy". The Communication is a strategy that proposes mid and long-term objectives for the EU's energy efficiency policy and explains how these objectives can be achieved. It assesses progress towards the EU's 20% energy efficiency target for 2020 and proposes a new 30% target for 2030. This new target will drive Europe towards increased competitiveness, sustainability, and security of supply. More specifically, it will generate new jobs, provide opportunities for European businesses such as construction firms, and reduce our natural gas imports by 30%.
The EU is well positioned to reach its new target for 2030, being on track for the 2020 target. The Communication indicates that the EU will achieve the 2020 target provided that the existing legislation is fully and properly implemented by the Member States. Reaching the proposed 2030 target requires these policies to be strengthened over time. The Commission will continue to work closely with the Member States to undertake the necessary short-term and long-term actions.
The Energy Efficiency Communication is an important component of the 2030 Communication on energy and climate change, released in January 2014, which proposed new 2030 targets for greenhouse gas reductions and renewable energy – 40% and at least 27% respectively.