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Cyprus Complies with EC Energy Directive

Cyprus Complies with EC Energy Directive

Cyprus is one of just five EU countries which has fully transposed the European Commission’s new Energy Efficiency Directive.

 

The deadline for complying with the directive was designated as June 5, and the EC reports that only Cyprus, Italy, Denmark, Malta and Sweden complied accordingly.

 

Through the directive, the European Commission proposes a higher and achievable energy savings target for 2030.

 

“New opportunities for European businesses, affordable energy bills for consumers, increased energy security through a significant reduction of natural gas imports and a positive impact on the environment: these are some of the expected benefits of the energy efficiency target for 2030 put forward,” the Commission said. 

 

“The proposed target of 30% builds on the achievements already reached: new buildings use half the energy they did in the 1980s and industry is about 19% less energy intensive than in 2001.”

 

The proposed target goes beyond the 25% energy savings target, which would be required to achieve a 40% reduction of CO2 emissions by 2030. 

 

The Communication on energy efficiency and its contribution to energy security and the 2030 framework also reviews progress towards the European Union’s 20% energy efficiency target for 2020. 

 

The EU is currently forecast to achieve energy savings of 18%-19% in 2020; however, the agreed target of 20% can only be reached if all EU countries fully implement the already agreed legislation. 

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