The SPICE3 energy efficiency project aims to develop a platform to enable energy efficiency improvements across the European chemical industry, particularly in small and medium enterprises (SMEs). SPICE3 is a Cefic initiative and is carried out in cooperation with a number of national chemical federations and other partners. It is partly funded by the European Commission (EC).
Energy efficiency is key to the transition towards a more competitive, secure and sustainable energy system.
The EU has set itself a 20% energy savings target by 2020. In 2018, European institutions reached a political agreement, which sets a binding energy efficiency target for the EU by 2030 of 32.5%, with a clause for an upwards revision by 2023.
Petrochemicals Europe and the Cefic to which its belongs support the shift towards a low-carbon economy and the measures that accompany them – as long as they are cost-effective, technology-neutral, based on scientific facts and not discriminatory towards one sector over another.
The European chemical industry is proud to perform better in terms of greenhouse gas (GHG) emissions reduction than other industrial sectors. In addition, the European chemical industry enables other industry sectors to innovate in technologies that improve energy efficiency.