EU Impact Assesments

EU Impact Assesments

Following article contains some of the most important framworks, laws and analisys of European Comission regarding energy efficiency. Selected articles clearly show tendencies of European Union, which is of highest importance for developing countries like Bosnia and Herzegovina. Investments in low-carbon technologies One of the most signifficant missions of Europe’s economy is to become leader in reduction of greenhouse

Following article contains some of the most important framworks, laws and analisys of European Comission regarding energy efficiency.

Selected articles clearly show tendencies of European Union, which is of highest importance for developing countries like Bosnia and Herzegovina.

Investments in low-carbon technologies

One of the most signifficant missions of Europe’s economy is to become leader in reduction of greenhouse gasses. EU develops legal framework, that focuses on climate and energy goals for year 2020, as well as coal prices by Emission Trading System
(ETS).

Goals set for year 2020, are just a milestone for long-term goals of reduction of emission of greenhouse gasses up to 80% until year 2050.

Enhancement of energy system in order to reduce usage of fossil fuels, is main challenge for 21st century, especially if we have in mind that currently 80% of all energy produced comes form usage of fossil fuels.

In order to achieve this goal, we have to make efforts in large number of areas, and use large number of methods. Areas and methods used vary from country to country, depending on political will, market requests and resources available.

Energy efficiency is the easiest and the most cost-effective way to reduce emission of carbon dioxide. New technologies have to be applied in transport, buildings and industry, in order to contribute as quickly as possible to EU goals. Smart Cities is initiative that aims to introduce energy efficient solutions it wider market. This initiative is focused on cities that are ready to enhance their transportation systems, energy grids and building by using modern technologies. Participant cities will test and try to prove cost-effectiveness of energy efficiency.

More on investments in low-carbon technologies:

http://ec.europa.eu/energy/technology/set_plan/doc/2009_comm_investing_development_low_carbon_technologies_en.pdf

Impact assessments

Research conducted in European Union showed technologies available for reaching EU goals as shown in chart. There are three main tiers of technology available, and each wave offers new opportunities for new development of efficient technologies.

First tier shows currently available technologies, with accent on energy efficiency in buildings, transport and industry. That basically shows that energy efficiency is applicable right now and they can significantly  change current energy consumption.

Second tier is based on development of green technologies in production of energy, especially on more efficient solar power, bioenergy, ocean energy and development of new generation of nuclear power.

Third tier is focused on development of technology for usage of fusion, and as planned this technology should be available in next 50 years.

More on impact assessment:

http://ec.europa.eu/energy/technology/set_plan/doc/2009_comm_investing_development_low_carbon_technologies_impact_assessement.pdf

Attitudes Towards Energy

Basic steps that European Commission identified as crucial in meeting energy challenges:

  1. insisting on energy efficiency as central idea of development policies of EU
  2. insist on renewable energy sources
  3. increase energy security
  4. enhance efficiency and cleanliness of fossil fuels usage

In order to support their efforts EU focused on consumers, and launched number of campaigns with goals to increase awareness about energy efficiency.

More on this:

http://ec.europa.eu/public_opinion/archives/ebs/ebs_247_en.pdf

European Strategic Energy Plan

European Union adopted Plan of Action with tendency to accomplish sustainability, competitiveness, security and efficiency of energy, by reducing emission of greenhouse gasses for 20%, increase of energy from renewable sources for 20% by the year 2020.

This Plan is based on significant change of Europe’s energy system in coming years, and that change includes legal framework,
infrastructure, consumers and energy industry.

More on European Strategic Energy Plan:

http://ec.europa.eu/energy/strategies/2008/doc/2008_11_ser2/strategic_energy_review_memo.pdf

http://ec.europa.eu/energy/strategies/2008/doc/2008_11_ser2/strategic_energy_review_wd_future_position2.pdf
European Action Plan for Energy Efficiency

Direct annual cost of non-efficient energy use in European Union accumulate up to 100 billion Euro. Recognition of energy saving potential is key element of joint energy policy of EU. The most efficient way to save is to increase energy security, to reduce greenhouse gasses and developing new energy efficient technologies and products. Need for better policies on energy efficiency is stated in ‘green’ publication of European Commission named “European Strategy for Sustainable, Competitive and Secure Energy”.

Main thesis of Action plan is usage of best possible technologies, and although Plan is based on current technologies it points out  importance of new technology development.

More on Action Plan for Energy Efficiency:

http://ec.europa.eu/energy/action_plan_energy_efficiency/doc/com_2006_0545_en.pdf

Renewable Energy Projects in Bosnia and Herzegovina