European Energy Efficiency Policy Handbook, 2010: Policy Measures Driving Energy Efficient Practices
Report Reserve, a premium market research report store, adds European Energy Efficiency Policy Handbook, 2010: Policy Measures Driving Energy Efficient Practices.
- (1888PressRelease) March 26, 2011 - Report Reserve announces inclusion of a new market research report to its premium store.
GlobalData's new report "European Energy Efficiency Policy Handbook, 2010: Policy Measures Driving Energy Efficient Practices" provides an in-depth analysis of the policy initiatives by the European Union (EU), and top countries by strength of policy implementation. This report presents an in-depth analysis of the energy efficiency policies across major countries in Europe. It details the key policy instruments adopted by the governments in European countries and analyzes the different forms of incentives and subsidies provided for the development of the energy efficient technologies.
The report also provides information for top countries in Europe. The report analyzes financial instruments such as tax reforms, subsidies, loans and other types of incentives. The report details market-based instruments such as certificates driving the energy efficiency appliance market. The report discusses in detail the energy efficiency measures being taken by the industrial, residential, tertiary and transportation sectors of each country. The report assesses the key regulations and policies and their impact on the growth of the energy efficient appliance market. The report also discusses the role of the public sector in the deployment of energy efficiency measures. The report suggests investment decisions in building equipment, heating, ventilating and air conditioning (HVAC), lighting, automotive equipment and boiler suppliers by providing trends and information on various policy instruments by country.
The European Commission's Energy Services Directive Encourages Energy Efficiency Measures in the EU
As per the Energy End-use Efficiency and Energy Services Directive (ESD 2006/32/EC), the Member States of the EU should set an indicative 9% reduction in end-use energy consumption by 2016. The energy savings will be achieved by providing mechanisms, incentives and institutional, financial and legal frameworks. The ESD not only promotes energy efficiency, but also aids in the security of energy supplies. Energy efficiency is one the easiest methods of curbing carbon emissions and current technologies can offer energy savings of up to 30%. The existing policy measures and initiatives in energy efficiency could cut approximately 20% of emissions. The ESD provides various articles and clauses for improving efficiency by industrial, tertiary and residential sectors. The framework provides the list of equipment, appliances and solutions eligible for energy efficiency measures. The directive also provides guidelines for the measurement of energy efficiency initiatives so that the energy savings achieved are harmonized across all the Member States.
Figure 1: EU 27, Energy Consumption by Sector, 2007
Source: GlobalData / Eurostat
The EU's Decision to Phase out Traditional Lamps Strengthens Energy Efficient Bulbs Market
In December, the EU decided to phase out energy-guzzling incandescent light bulbs and inefficient halogen bulbs between 2009 and 2012. The phasing out will reduce energy and hence carbon emissions. However, it has a challenge of higher initial costs, although this is overcome by the longer lifetime of new lamps and lower electricity costs. The introduction of new energy efficient lamps is driven by the EU's Eco-Design Directive which promotes the penetration of products that are highly energy efficient.
Approximately 85% of the lamps in European homes are inefficient and consume excess energy and hence the shift will help in achieving energy savings up to 75% with same light quality. Special purpose incandescent lamps such as traffic lights and infrared lamps are exemptions from the phase out.
Agreements on Energy Savings in Buildings Reinforces Energy Savings in EU
In November 2009, the EU has reached an agreement on improving the energy efficiency of buildings. The recast of the Energy Performance of Buildings Directive (EPBD) will require the public sector's rented or owned buildings to achieve "nearly zero "energy standards by 2018. The new buildings would be highly energy efficient and would adhere to energy-performance standards and most of them would obtain their energy from renewable sources after the end of 2020. Whenever the building is sold or rented out, energy performance certificates are mandatory. The EC will have to develop voluntary European-wide initiatives for buildings in non-residential sector by 2011.
New Eco-Design Rules Promote Market for Energy Efficient Products
The new eco-design rules for energy-related products were drawn up by the European Parliament last April and as per the new eco-design rules, the products that have an indirect/direct impact on energy use are considered for reducing energy consumption. Currently, the directive is applied to products which consume energy directly. The next batch of ten product groups will be considered for new eco-design standards and energy savings from these products will be focused on. As per the revised directive, the commission will review the effectiveness of the current measures in 2012. It will further assess and extend the scope of the directive to non-energy related products. A further improved design will be proposed and will aid in energy efficiency. For more details, please vist http://www.reportreserve.com/reportdet.php?company=GlobalData&reportid=10017
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