#EUSEW16: How Can Energy Management Contribute to the EU's Energy Efficiency Targets?
CENCENELEC Meeting Centre, Avenue Marnix 17, 1000 Brussels, Belgium
14 | 06 | 16
Energy management has been given relatively modest attention within EU policy frameworks, with only 1.5% of medium to large companies in Europe having adopted the EN ISO 50001 standard. But are European companies fully aware of the level of energy savings possible through energy management?
During the Energy Days at #EUSEW16, on 14 June 2016, ECI will address this issue with industry and policy makers in a workshop presenting the scale of the highly cost-effective energy savings that can be obtained from broader and more effective adoption of energy management (EM) across the EU.
ECI aims at an open discussion with representatives of the industry and the European Commission on how current EU policy instruments - such as the Energy Performance of Buildings Directive and the Energy Efficiency Directive - could evolve to become more supportive of unlocking these large-scale savings.
A recent analysis - which findings will be presented at the workshop - of the savings potential from greater adoption of effective energy management in the EU’s industrial and service sectors, seeks to address these issues. According to this new report - commissioned by ECI to Waide Strategic Efficiency Limited - adoption of energy management could lead to a reduction of European industry’s energy consumption of 26% by 2035. This equates to 1728 Mtoe of cumulative energy savings from 2015 to 2035, and corresponding CO2 emission savings of 4.8 gigatonnes. However, investments are necessary to deliver these savings and they are estimated at some €91 billion of extra investments in equipment and related services between 2015 and 2035; still these are over twelve times less than the value of the resulting savings in energy bills.
The ECI report analyses as well policies that could help to increase energy management adoption rates across the EU. It also suggests where these measures fit within the broader portfolio of EU energy efficiency policy instruments and concludes with a set of specific policy recommendations.