Subscribe free to our newsletters via your
  Energy News  


Subscribe free to our newsletters via your




















ENERGY NEWS
Europe 2030: Energy saving to become 'first fuel'
by Staff Writers
Brussels, Belgium (SPX) Mar 02, 2016


File image.

By 2030, more energy will be saved than the amount of energy consumed deriving from oil, according to a JRC analysis. Energy savings can thus be considered as "an energy source in its own right", in line with the European Commission strategy for a resilient energy union. As Europe is likely to miss the intermediary 2020 target of 20% of energy saved, the authors recommend scaling up private investments and introducing a guarantee fund to remove the perceived risk by investors.

The report examines the importance of energy efficiency for the EU's security of energy supply and import dependency in 2030, using projections made by the Commission's Directorate-General for Energy.

It provides scientific evidence that transforming energy efficiency into a mechanism to reduce energy demand will ensure that the EU meets its objectives on security of supply, climate change and competitiveness in a decarbonising economy.

Furthermore, the analysis compares scenarios on improved energy efficiency of 27%, 30% and 40% and shows that if a 40% target is adopted, the sum of energy savings and renewables would overtake the sum of energy from imported fossil fuels all together (oil, gas and solid fuels) in 2030. Member States would hence not increase their dependency on fossil fuels imports.

The work presented in the report supports the upcoming Commission revision of the EU legislation framework on energy efficiency, foreseen for the autumn, and a new directive on renewables, planned in winter 2016.

For the revision round on energy efficiency, JRC scientists recommend including a framework for de-risking energy efficiency investments. The objective is to stimulate and scale-up private investments in energy efficiency projects and to ensure that energy savings compete on equal terms with generation capacity as foreseen by the Energy Union strategy.

The report provides evidence that the objective to transform the EU economy from fossil fuels-based to a low-carbon one is possible if energy savings are made the niche fuel for investors, especially when energy prices are low.

.


Related Links
2030 climate and energy framework:







Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
ENERGY NEWS
New model maps energy usage of every building in Boston
Boston (UPI) Feb 23, 2016
In an effort to help city officials plan for a more energy-efficient future, researchers at MIT have built a model that simulates the energy usage of the entire city of Boston. The simulation estimates the electricity and gas demands of more than 100,000 Boston buildings for every day of the year. "Nobody has ever modeled a city the size of Boston at this level of detail," Christ ... read more


ENERGY NEWS
New model maps energy usage of every building in Boston

The forecast for renewable energy in 2016

US, Canada and Mexico sign clean energy pact

Supreme Court deals blow to Obama climate plan

ENERGY NEWS
Creation of Jupiter interior, a step towards room temp superconductivity

Quantum phase transition underpins superconductivity in copper oxides

New material to enhance battery life

Understanding how turbulence drains heat from fusion reactors

ENERGY NEWS
Adwen Chooses Sentient Science For Computational Gearbox Testing

EU boasts of strides in renewable energy

Offshore U.K. to host world's largest wind farm

Germany aims to build wind energy reputation

ENERGY NEWS
New molecular property may mean more efficient solar and opto-electronic devices

Philippines gets novel lending support for renewables

SoloPower-led team target Indian rooftop PV market

KYOCERA kelps Dominican Republic save money with renewable energy

ENERGY NEWS
Glitch halts Japan reactor days after restart: utility

Mexico issues alert after theft of radioactive material

Lithuania aims synchronization of electricity system with Europe: PM

Japan restarts another reactor, fourth since tsunami disaster shutdown

ENERGY NEWS
A new recipe for biofuel

Scientists unlock key to turning wastewater and sewage into power

WELTEC Group Acquires 3.3 MW Biogas Plant

ONR engineers innovative research in synthetic biology

ENERGY NEWS
China to launch second space lab Tiangong-2 in Q3

China's moon lander Chang'e-3 enters 28th lunar day

Staying Alive on Tiangong 2

China Conducts Final Tests on Most Powerful Homegrown Rocket

ENERGY NEWS
Dartmouth-led team develops method to predict local climate change

Climate 'carbon budget' soon maxed out: study

Mapping the world for climate sensitivity

French environment minister to head UN climate forum




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News








The content herein, unless otherwise known to be public domain, are Copyright 1995-2016 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.