USE LESS. Savings on fossil fuel imports compared to business as usual. Gas demand drops dramatically with a 40% target.
ENERGY EFFICIENCY FIRST!
WHY WE NEED A HIGHER TARGET FOR 2030
EU 2030 Energy Efficiency Target
€285BN SAVED
27%
-15.5%
€503BN SAVED
35%
-35%
40%
-42%
€549BN SAVED
400
BILLION € '08
REDUCED DEPENDENCY ON ENERGY IMPORTS
200
2011-15
2016-20
2021-25
2026-30
Costs for investment in power and steam generation and distribution
0 -200
Energy expenditure
-400
Total energy system costs for stationary uses
-600
SAVINGS ON ENERGY INFRASTRUCTURE For every euro invested in energy efficiency the EU will save three euros on infrastructure
€ = €€€ INVESTED
SPEND LESS
Savings on fossil fuel imports compared to business as usual
Costs for investment in energy efficiency
SAVED
USE LESS Gas demand drops dramatically with a 40% target
€5.2
TRILLION Saved by the EU and other IEA countries thanks to energy efficiency improvements over the last 25 years All data unless specified European Commission
SOURCE: The International Energy Agency
STEEPER EMISSIONS CUTS
SAVINGS ON POLLUTION CONTROL COSTS
I E N CY TA R G
EW
A B LE S TAR
35% 27
+
40% 30%
Research group Ecofys estimates that 40% efficiency and 30% renewables translate into up to 54% GHG cuts http://goo.gl/HOHetG
ET
=
35% 25
= =
TA R G
PP
ER
E N D TA R
35% 40%+
SAVINGS PER YEAR
=
€41.5BN
SAVINGS PER YEAR
EMISSION REDUCTIONS BY MEASURE, 2030 Fossil-fuel subsidy reform Upstream methane reductions
Renewables investment
10% 15%
49%
Energy efficiency
17%
“Saving energy is the key measure to achieve a peak in emissions around 2020, using only proven technologies and without harming economic growth” International Energy Agency
9% Reducing inefficient coal
All data unless specified European Commission
€13.5BN
G
ET
40%
EA K
G
U
+
N
ET
35% 27
RE
FIC
ET
EF
W
INCREASED GDP 27%
HIGHER TURNOVER
+1.06%
30% 35%
BASIC 40% MANUFACTURING
35%
40%
+2.02%
+7.5%
30%
ENGINEERING + TRANSPORT EQUIPMENT
+4.45%
35%
+14%
40%
30%
+42%
35%
CONSTRUCTION 40%
MORE JOBS
30%
Energy efficiency jobs
2.4
MILLION
All data unless specified European Commission
T
MILLION
2030
35%+
40%
+3%
B
30%
S TARGE
3.9
WITH A M
OU ITI
2015
35%
TRANSPORT
BUSINESS SERVICES
35% 40%
+3.7%
Friends of the Earth Europe gratefully acknowledges financial assistance from the European Climate Foundation. The contents of this briefing are the sole responsibility of Friends of the Earth Europe and cannot be regarded as reflecting the position of the funder. The funder cannot be held responsible for any use which may be made of the information this briefing contains.
This year the European Commission will propose a new energy efficiency target for 2030. A range of scenarios are being assessed, from 27% savings (the current target) to 40% (the European Parliament’s choice). The key question is, how high will the Commission go? This briefing makes a clear case for the highest possible target. If Europe is serious about tackling climate change, boosting energy security and creating jobs, then a 40% target is the only way forward. But don’t feel you have to take our word for it. With one exception (the impact of 40% efficiency on emissions), all the numbers are from the International Energy Agency and the European Commission itself. So is energy efficiency good for Europe? Of course it is!
“I want higher than 30% energy efficiency”
“We cannot be the leader on climate change if we are not becoming more energy efficient”
“Security of supply means – first and foremost – becoming more energy efficient”
Who said what? Match the person to the quote! The first person to write to us with the correct answer gets a selfie with energy savings man.
For more information:
[email protected] | www.foeeurope.org | @foeeurope FEBRUARY 2016
