Business Edition
nr. 36
11 January 2007
Special:
EU sets 2020 targets for emissions reduction and sustainable energy
At least a 20% reduction in greenhouse gas emissions in 2020 compared to 1990 and an effort to push towards a 30% emissions reduction in 2020 in negotiations with other developed countries, largely to be achieved by a 20% share of renewable energy and 20% extra energy efficiency. Read
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Sectoral targets for renewable energy on national level
A Directive covering all three relevant sectors of energy demand (electricity, transport fuels, and heating and cooling) will be the key piece of legislation in the Renewable Energy Roadmap 2010-2020. An overall EU target of 20% renewable energy in 2020 for all sectors together will be reflected in national sectoral targets that will be mandatory. Read
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Renewables: 2010 targets will be missed
According to the latest estimates, the EU will not meet its targets for power from renewables sources (21% in 2010) or the general target of a share of 12% renewables in total energy demand by 2010. Most probably the 25 Members States will reach a 19% share in power and at the most a 10% share in overall energy. Read
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Renewable energy sector strongly criticises Commission plans
In a reaction to the 10 January Commission Energy Package release, several organisations have criticised the Commission’s plans , especially because of the lack of concrete measures.
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Binding target for biofuels of 10% in 2020
The minimum standard for the share of biofuels has to be 10 % in 2020. This the most outstanding element of the Biofuels Progress Report in which the Commission proposes to revise the Biofuels Directive of 2003. The Commission concludes that the promotion of biofuels is the only way to significantly reduce dependence on oil in transport and move towards a low carbon economy.
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Promotion of sustainable fossil fuel technologies and CCS
The European Commission is convinced that much cleaner coal technologies and a significant reduction of CO2 emissions are necessary to achieve the long term climate change objectives of the EU. The Commission will increase the funding for R&D in the energy area, making the demonstration of more sustainable fossil fuel technologies one of the priorities for 2007 – 2013.
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Proposal for a Strategic Energy Technology Plan
Based on an analysis of the current innovation system and an assessment of the portfolio of energy technologies, the Commission will this year propose the first European Strategic Energy Technology (SET) Plan. Read
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Office of the Energy Observatory
The Commission wants to establish an Office of the Energy Observatory within the Directorate General for Energy and Transport to monitor the progress of the policies of the Energy Package regarding security of supply, competitive energy pricing and sustainability. Read
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Editorial: Energy Package and the prisoner’s dilemma
While greenhouse gas emissions in the EU are still on the rise, every European citizen and every Member State keeps on pointing at his neighbour to do something about climate change – and does nothing in the end. With a huge pile of reports in the ‘Energy Package’, the European Commission finally provided the key to release us all from our prisoner’s dilemma. Read
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In Brief
First FP7 calls announced - EU and USA agreement on energy efficiency of office equipment - EU citizens consider energy research as priority - Commission shows need for carbon constrained future - Popularity of biogas increases - Minimal impact on sealife from large offshore windfarms - EPIA: ‘Photovoltaic industry to grow significantly’ Read
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