Energy efficiency success stories were highlighted in a report launched this week by the European Alliance to Save Energy (EUASE).
The report, Strategic investments for Europe: Evidence from cost-effective energy efficiency stories, called for a strong policy framework to boost investment in the sector, including a binding energy efficiency target that would be more ambitious than the previous 2014 target.
‘Indeed, the current 27% target would merely slow down the current rate of energy productivity in the EU,’ the EUASE said. Its recommendations were offered in advance of an EU legislative package which includes revisions to the Energy Efficiency Directive and is to be finalized in November.
To increase awareness of ‘energy efficiency technologies and services, their impacts and multiple collective benefits’, the report offered 16 successful energy efficiency investments from eight European companies.
Mentions included Hamburg’s district heating network, which has saved €3.7m in fuel costs and 14,000 tonnes of CO2 per year; Aarhus’s biogas-based cogeneration plant that recovers energy from municipal wastewater treatment; Kingspan Energy’s 2.5 MWp rooftop solar photovoltaic (PV) plant in the UK; the conversion of a heating plant and network at Hospital USB Erasmus in Brussels from steam-based equipment to gas-fired cogeneration; and more.
Vice-president of the European Commission Jyrki Katainen said: ‘We need to be creative and wise to identify regulatory schemes for energy efficiency. This kind of publication helps policymakers because it raises awareness on the direct impact on the businesses, quality of life and energy security.’
The full study is available here.