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 December 2018, European institutions adopted the Energy Efficiency Directive, that was part of the Clean energy package and set 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.