Political agreement Energy Efficiency Directive reached on 13th June 2012

Commissioner Günther Oettinger welcomes the political agreement between EU Parliament and EU Commission reached 13th June 2012 on the Energy Efficiency Directive.

The cheapest energy is the one we do not consume. The countdown to achieve Europe's 20% energy efficiency target for 2020 has started. Without the Energy Efficiency Directive, Europe would only achieve approximately 10 % out of 2020. With the legally binding measures introduced by the Energy Efficiency Directive, it is estimated that the EU could reach approximately 17 %.

The Energy Efficiency Directive brings forward legally binding measures to step up Member States efforts to use energy more efficiently at all stages of the energy chain – from the transformation of energy and its distribution to its final consumption. These include:

the legal obligation to establish energy efficiency obligations schemes or policy measures in all member states to drive energy efficiency improvements in households, industries and transport sectors, an exemplary role to be played by the public sector, a right for consumers to know how much energy they consume, to encourage energy audits for SMEs and households and an obligation for large companies to assess their energy savings possibilities, Increased efficiency in energy generation, transmission and distribution.

Improved energy efficiency will help the EU economy to be more competitive, and create growth and up to 400 000 additional jobs.

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