ENEP to join high level debate on energy efficiency at Energy 2015 in Den Bosch
Kristof De Smet President of ENEP will join up with colleagues from FEDEC in the Netherlands to address the opening session of ENERGIE 2015 – a major trade show and conference for energy-saving technologies and sustainable energies that takes place on 6, 7 & 8 October in Den Bosch. The opening session will investigate whether or not the energy agreements, part of the Dutch Government’s response to the Energy Efficiency Directive (EED), are a successful tool in promoting the ambitious energy transition targets that the EU has set. But there are challenges for these energy agreements in the Netherlands. Other incentives are needed. The recent European Commission communication on energy efficiency has in fact listed all of these demand and supply side measures that Member States should be addressing as part of their response to the EED commitment. The event in Den Bosch will take stock on where we are. In Brussels, the European energy efficiency industry has been calling on the European Commission to renew its calls on the member states to employ innovative mechanisms to finance energy efficiency to avoid hiking consumers’ energy bills.
EURELECTRIC, has been calling on the European Commission to promote the use of emerging financial instruments, such as Energy Performance Contracts (EPC) and Efficiency Services Agreements (ESA), to tackle barriers to energy efficiency investment. It believes that these offer consumers and building contractors financing to implement energy efficiency projects without upfront capital and are a proven success.
The call comes at a time when the latest figures suggest that the EU is set to miss its target of 20% energy savings by 2020. It is here where the European Commission is planning to propose a revision of the Energy Efficiency Directive next year to extend it until 2030 to meet the 27% goal agreed by EU leaders in October where the likely target will move to 30%.
The industry is concerned;-
that private energy efficiency investments remain lower than expected, often due to noneconomic barriers;
that there is a clear need to revise the way in which investments in energy efficiency in the EU are being promoted through financing;
that the EU can play a vital role in sharing lessons learned and information on existing & innovative financing tools as well as standardising processes;
that financing tools which leverage private investment and do not require refinancing via surcharges on the energy bill should be developed - including tools such as Energy Performance contracts (EPC), Energy Savings Agreements (ESA) or on-bill repayment
Last week meanwhile new EU rules on ecodesign and energy labelling for boilers, heat pumps and water heaters will come into effect. The new energy label will display the energy efficiency level of the heating products covered, allowing consumers to select the most efficient models. At the same time, the products will be subject to ecodesign measures which require manufacturers to boost the energy efficiency of their products without affecting its performance. The rules apply to new products, and not those already on the market.