New binding targets for energy efficiency and use of renewables from the European Parliament

Today, the European Parliament's Industry and Energy Committee have agreed to a binding target to reduce energy consumption by 40% by 2030 at EU level.

Each EU country will have to set its own corresponding national energy-efficiency targets that are needed to reach the overall goal of 40% reduction in energy consumption. These would cover all stages of the energy chain, including generation, transmission, distribution and end-use.

In a separate vote, which also took place on Tuesday, Industry and Energy Committee MEPs agreed that by 2030, a minimum of 35% of all energy consumed in the EU would need to come from renewable, cleaner sources. For the transport sector, at least 12% of the energy consumed in each member state would have to be produced from renewables, such as the sun or wind.

To read the full press release, please click here.