24 Jun '11, 12pm

EU Sets Tough Targets for Utilities to Cut Energy Consumption

EU Sets Tough Targets for Utilities to Cut Energy Consumption

Energy companies will be forced to offset sales with energy-efficiency measures and public buildings face green makeovers as part of new EU plans to cut energy consumption by 20 percent. Europe's utilities could be obliged to save 1.5 percent of their energy sales by volume by installing more efficient boilers, fitting double-glazed windows and insulating lofts for their customers, if today's proposed Energy Efficiency Directive is approved. Companies may also have the option of funding programmes or voluntary agreements that generate the same results, depending on their domestic government's implementation of the Directive. The EU estimates that this measure alone will reduce its energy consumption by 6.4 percent in 2020, roughly equating to the current consumption of Poland and Portugal combined. Large companies would have to audit their energy consumption to help identi...

Full article: http://www.greenbiz.com/news/2011/06/23/eu-sets-tough-tar...

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