Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home » The Parliament wants binding 40% energy efficiency target for 2030

    The Parliament wants binding 40% energy efficiency target for 2030

    npsnps28 November 2017Updated:28 June 2024
    — Filed under: Focus
    Share
    Facebook Twitter LinkedIn Pinterest Email

    — last modified 28 November 2017

    EuroACE welcomes the strong position of the Industry and Energy Committee of the European Parliament (ITRE) in favour of a binding 40% energy efficiency target for 2030, with the adoption of the Report on the Energy Efficiency Directive (EED).

    It demonstrates the Parliament’s support for continuing successful energy efficiency policies and programmes after 2020. A strong signal ahead of negotiations with a feet-dragging Council, which is reluctant to commit to any target, even if energy efficiency actions, especially in buildings, are a true engine for jobs and growth.

    This morning, ITRE MEPs showed their support for the future of strong and consistent energy efficiency policies, by voting in favour of the EED Report with 33 votes in favour.

    “It is reassuring to see the ITRE MEPs committed to a binding 40% energy efficiency target for 2030, as well as binding national targets in that matter”, commented Adrian JOYCE, Secretary General of EuroACE, the European Alliance of Companies for Energy Efficiency in Buildings. EuroACE members employ over 280,000 persons in Europe in the manufacture, distribution, and installation of energy efficient products, equipment and services in buildings. A 40% binding energy efficiency target for 2030, coupled with strong national renovation strategies, would truly bring out the cost-effective potentials in buildings and other key sectors of the European economy, as shown by the European Commission.

    The ITRE position also intends to strengthen the annual 1.5% savings obligation in Article 7, which is crucial for the buildings sector. Loopholes would be eliminated, while keeping sufficient flexibility for Member States to implement those provisions in a way that is most suited to their national circumstances. “This will give sufficient predictability and confidence to investors and to industry to plan their investments in Europe, especially for upgrading our buildings, which are key assets for citizens”, Adrian JOYCE added.

    EuroACE also welcomes the ITRE vote, as the Parliament will soon enter negotiations with the Council, after the Plenary vote. “Last June, the Council adopted a weak General Agreement, although several Member States, led by France and Germany, spoke up in favour of keeping ambition”, said Céline CARRE, EuroACE President. “We call on the Parliament to keep the same level of ambition in the Plenary vote, so as to kick start interinstitutional discussions on the right basis, as adopted today in the ITRE committee, as energy efficiency is an engine for jobs and growth”, she added.

    EuroACE

    Add A Comment
    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    nps
    • Website

    Related Content

    Business conference - Image by SNCR GROUP from Pixabay

    The Hidden Workforce Behind Successful Business Events: Event Staffing Explained

    Airport terminal - Photo by Pim de Boer on Unsplash

    Euro-Parliament greenlights new EU rules on package travel

    EDF logo

    Project Manager, Europe Methane, EDF

    Oil tanker - Image by Erich Westendarp from Pixabay

    Middle East conflict raises risks for prices and supply chains in Europe the longer it lasts

    Sustainable finance - Image by Nattanan Kanchanaprat from Pixabay

    Civil society warns: ESRS cuts risk hiding companies’ impacts on people and nature

    Sponsor: WWF12 March 2026
    Psychiatrist - Photo by SHVETS production on Pexels

    Professional licensing evaluations: when careers depend on psychiatric opinions?

    LATEST EU NEWS
    Airport terminal - Photo by Pim de Boer on Unsplash

    Euro-Parliament greenlights new EU rules on package travel

    12 March 2026
    E-commerce - Photo by Antoni Shkraba Studio on Pexels

    A third of online shoppers in the EU experience issues

    12 March 2026
    Farming women - Photo by Anna Shvets on Pexels

    EU launches platform to promote women in agriculture

    11 March 2026
    Euro - ECB-Photo by Mika Baumeister on Unsplash

    March currency outlook – Euro currency news daily

    11 March 2026
    Jorgensen - Ribera - Photo © European Union 2026

    EU energy package to focus on cleaner, cheaper energy

    10 March 2026

    Subscribe to EUbusiness Week

    Get the latest EU news

    CONTACT INFO

    • EUbusiness, 117 High Street, Chesham Buckinghamshire, HP5 1DE, United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Privacy Policy
    • Terms
    • EU News

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2026

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?