The well-known plan (2020 Green Package) called for the following targets by 2020:
- A 20% energy demand reduction;
- A 20% reduction in greenhouse gas (GHG) emissions;
- A 20% share of renewables in overall EU energy consumption;
- A 10% renewable energy component in transport fuel.
The legally 20-20-20 targets outlined above will represent the energy policy back drop for the next decade and beyond for all Member States. There is currently a debate on-going as to whether as a result of the global recession and the fall in energy demand within Europe’s economies, whether the GHG emission target should be increased to 30%.
Energy Efficiency Action Plan
The Commission has adopted an Action Plan aimed at achieving a 20% reduction in energy consumption by 2020. The Action Plan includes measures to improve the energy performance of products, buildings and services, to improve the yield of energy production and distribution, to reduce the impact of transport on energy consumption, to facilitate financing and investments in the sector, to encourage and consolidate rational energy consumption behaviour and to step up international action on energy efficiency.
Renewable Energy Directive
The Renewable Energy Directive sets ambitious targets for all Member States, in order for the EU as whole to achieve a 20% share of energy from renewable sources by 2020. There is also an additional requirement for a 10% share of renewable energy specifically in the transport sector. The directive also seeks to improve the legal framework for promoting renewable electricity. There is also a requirement for Member State Governments to develop national action plans that establish pathways for the development of renewable energy sources including bioenergy. In addition to this it also creates cooperation mechanisms which are designed to help achieve the targets cost effectively and establishes the sustainability criteria for biofuels. The new Directive should be implemented by Member States by December 2010.
Revisions to existing Directives