Community Research and Development Information Service - CORDIS

FP6

Communication from the Commission, Action Plan for Energy Efficiency: Realising the Potential, COM(2006)545 final

Funded under: FP6-SUSTDEV

Abstract

The European Union is facing unprecedented energy challenges resulting from increased import dependency, concerns over supplies of fossil fuels worldwide and a clearly discernable climate change. In spite of this, Europe continues to waste at least 20% of its energy due to inefficiency. The EU can and must lead the way in reducing energy inefficiency, using all available policy tools at all different levels of government and society.
The direct cost of our inability to use energy efficiently amounts to more than 100 billion euros annually by 2020. Realising our savings potential in a sustainable manner is a key element in Community energy policy. It is by far the most effective way concurrently to improve security of energy supply, reduce carbon emissions, foster competitiveness and stimulate the development of a large leading-edge market for energy-efficient technologies and products. This remains equally true when the investment costs required to achieve this savings potential are taken into account. The need for a strengthened policy aimed at more energy efficient consumption and production patterns was underlined in the Commission Green Paper on "A European Strategy for Sustainable, Competitive and Secure Energy". The 2006 Spring European Council called for the adoption as a matter of urgency of an ambitious and realistic Action Plan for Energy Efficiency, bearing in mind the EU energy saving potential of over 20% by 2020.

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Record Number: 8423 / Last updated on: 2007-02-20
Category: COM DOCUMENT