Energy Efficiency Directive
What is it?
In October 2012, the Council finally adopted a new Energy Efficiency Directive (EED) following a political deal reached with the European Parliament in June 2011, thus only one year after the presentation of the initial Commission proposal for such a policy tool. Published in the Official Journal on 14 November 2012, Directive 2012/27/EU entered into force on 4 December 2012. Member states have to transpose the Directive into national law by 5 June 2014 at the latest.
Against the background of the EU’s 20/20/20 energy targets, and the target of reducing its estimated energy consumption for 2020 by 20%, the EED brings forward binding measures to increase energy efficiency along the energy supply chain, from transformation to distribution and consumption. Measures boosting energy efficiency include targets for the renovation of public buildings, the establishment of energy efficiency obligations schemes, the promotion of energy performance contracting and demand response programmes as well as the obligation to provide information to consumers on their meters and bills and the setting of mandatory energy audits for large companies. While national targets are indicative for the time being, they might become mandatory as of 2014, depending on member states’ progress towards the 20% target.