As we have mentioned in our other posts, Europe aims to reduce its primary energy use by 20% by 2020, a target which is not legally binding. The Energy Efficiency Directive was proposed by the European Commission in mid-2011 as part of its effort to reach this objective.
The proposed directive has been seen as a game-changer mainly because it imposes an annual 1.5% energy-savings obligation on energy utilities – considerably more than the existing legislation – and it is expected to trigger a major energy-efficient revamp of the EU’s existing building stock.
As utilities will have to achieve additional savings every year, they will start implementing energy efficiency measures for their customers – measures which will see electricity prices go down in the long-run, but which require initial upfront costs.
Bogdan Atanasiu, of the Buildings Performance Institute Europe, said there are two ways governments can do this. “You either take money from the public budget – to which not every citizen really contributes – or you raise the energy bills, ensuring everyone will pay.” For the latter, a fair solution would be to help those who cannot afford the building renovation, Atanasiu said.
Source: http://www.euractiv.com/energy-efficiency/eu-energy-efficiency-law-braces-news-513959





