The European Commission (EC) presented yesterday in Brussels a package of measures to keep the European Union competitive as the clean energy transition is changing the global energy markets, which will ensure “clean energy for all Europeans”.
The Clean Energy for All Europeans package, which contains several legislative proposals, has three main goals: putting energy efficiency first, achieving global leadership in renewable energies and providing a fair deal for consumers.
The Commission wants the EU to lead the clean energy transition, for this reason the EU has committed to cut CO2 emissions by at least 40% by 2030 while modernising the EU’s economy and delivering on jobs and growth for all European citizens.
“The future is clean” and consumers are active and central players on the energy markets of the future, explained The Vice-President for Energy Union Maroš Šefčovič in a press conference at the European Commission.
“We are ensuring the rights of everyone to produce renewable energy, self-consume, store or sell it into the grid” added Maroš Šefčovič.
The package also increased transparency and better regulation give more opportunities for civil society to become more involved in the energy system and respond to price signals.
In this regarding the Vice-President for Energy Union explained the new package “boots energy cooperatives in an unprecedented way. Also, it empowers energy consumers, encourage them to take advantage of the new power offering them right to request smart meters, electronic billing, electricity contract…”
The proposals provide “a strong market pull for new technologies, set the right conditions for investors, empower consumers, make energy markets work better and help us meet our climate targets”, said Commissioner for Climate Action and Energy Miguel Arias Cañete.
“I’m particularly proud of the binding 30% energy efficiency target, as it will reduce our dependency on energy imports, create jobs and cut more emissions. Europe is on the brink of a clean energy revolution”, added Energy Miguel Arias Cañete.
But also, several measures to protect the most vulnerable consumers like the issue of energy poverty, in which “EC cannot be silent on it”, pointed Maroš Šefčovič.
The proposals are designed to show that the clean energy transition is the growth sector of the future, since clean energies in 2015 attracted global investment of over 300 billion euros, as the Commission explained.
As well, the EU is well placed to use its research, development and innovation policies to turn this transition into a concrete industrial opportunity. By mobilising up to 177 billion euros of public and private investment per year from 2021, this package can generate up to 1% increase in GDP over the next decade and create 900,000 new jobs.
The legislative proposals presented yesterday cover energy efficiency, renewable energy, the design of the electricity market, security of electricity supply and governance rules for the Energy Union. In addition, the Commission proposes a new way forward for Ecodesign as well as a strategy for connected and automated mobility.
Now the Commission counts on European Parliament and the Member States to make it a reality.