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The EU Policy towards a low carbon economy

The EU Policy towards a low carbon economy. Fabrizio Barbaso, Deputy Director General for Energy, DG TREN, European Commission. EUROPEAN COMMISSION. EU energy mix: business as usual is not sustainable. Energy demand and carbon intensity. 200 5. ~ 80% fossil fuel. Import dependency.

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The EU Policy towards a low carbon economy

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  1. The EU Policy towards a low carbon economy Fabrizio Barbaso, Deputy Director General for Energy, DG TREN, European Commission EUROPEANCOMMISSION

  2. EU energy mix: business as usual is not sustainable Energy demand and carbon intensity 2005 ~ 80% fossil fuel Import dependency SOURCE: Eurostat.

  3. EU-27 efforts in RenewablesPolicy targets RES share in 2005 Flat rate increase of 5.5% Additional effort based on GDP per capita Done To be done 8.5% 5.5% 6% 20% 2020 2005

  4. 13% 16% 13% 30% 18% 25% 16% 18% 20% 23% 17% 13% 42% 23% 11% 13% 10% 14% 34% 15% 31% 24% 25% 14% 38% 49% 15% EU-27 efforts in Renewables RES share in 2020 BE BG CZ DK DE EE IE EL ES FR IT CY LV LT LU HU MT NL AT PL PT RO SI SK FI SE UK RES share in 2020 EU-27

  5. Responding to the triple challenge Competitiveness • With falling renewable energy prices, renewables are increasingly an economically sound alternative FULLY BALANCED INTEGRATED AND MUTUALLY REINFORCED Sustainable Development Security of supply • Close link to greenhouse gas emission target – savings of 600 to 900 mln tonnes of CO2 • Renewable energy mostly generated within the EU

  6. Article 5 creates opportunities for trade of RES-E from third countries to be counted against the national targets Conditions are: • Electricity should be consumed in the Community • Electricity from installation operational after entry into force of the Directive • The electricity is issued with a guarantee of origin part of a system of guarantees of origin equivalent to that laid down in the Directive

  7. Promotion of biofuels - Sustainability criteria for biofuels • GHG savings – minimum of 35% • No raw material from undisturbed forests, biodiverse grassland, nature protection areas • No conversion of wetlands and continuously forested areas for biofuel production (to protect carbon stocks) • All EU biofuels must meet “cross compliance” environmental rules 7 |

  8. Role of technology • Renewables sector has growing importance worldwide – already turnover of €30 billion in the EU, providing approximately 350,000 jobs • But renewable energies are at different stages of technological and commercial development • Increased demand will improve economies of scale and lower costs • Continued international cooperation in research is necessary

  9. For more information: http://ec.europa.eu/energy/index_en.html Thank you for your attention! 

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