EU risks missing efficiency goal

A report by the European Climate Foundation (ECF) concludes that EU's 20% energy efficiency goal for 2020 may not be reached. Despite 2008 economic recession and existing efficiency and renewable energy policies Europe will still have to save 208 million tonnes of oil equivalent.

This is more than half of what is needed to achieve the 20% non-binding target, which is equivalent to energy savings of about 394Mtoe. The gap can be bridged almost entirely by strengthening energy efficiency efforts in end-use sectors: residential, services, transport and industry. Further savings can be achieved by improving the energy efficiency of power generation and refineries.

The 2006 EU action plan on energy efficiency will be reviewed soon.

Source: ECEEE - EU risks missing efficiency goal, report warns

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