Europe On Track For 2020 Energy Efficiency Goal: Report

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Europe On Track For 2020 Energy Efficiency Goal: Report

by Wochit 0:47 mins

Europe On Track For 2020 Energy Efficiency Goal: Report

by Wochit 0:47 mins

According to a draft European Commission document seen by Reuters, the European Union is almost on track to reach its goal of improving energy savings by a fifth by 2020 and may consider a significantly higher target for the next decade. Energy efficiency has risen up the agenda in Europe as member states seek ways to reduce dependency on imported fossil fuels in the context of the Russia-Ukraine crisis, which has led to the cut-off of Russian gas to Ukraine. An EU goal to improve energy savings by 20 percent by 2020 versus projected use, or business as usual, was initially a non-binding target.

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