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EU 2020 Targets and Energy Efficiency Opportunities in Sweden
Datamonitor, March 2011, Pages: 31
Introduction
The EU’s Climate and Energy Package was introduced in 2009 to ensure that the region meets its 20-20-20 targets. The EU plans to reduce its GHG emissions by 20% and increase the share of renewable energy consumption to 20%. As per EU’s Effort Sharing Directive launched in 2006, each member country has committed to an indicative 9% reduction in energy usage by 2016 compared to 2005 levels.
Features and benefits
- Analysis of key facets of the EU 20-20-20 targets and Sweden's interpretation of the same.
- Benchmarking of Sweden's performance against that of other major European countries in terms of energy efficiency and target achievement.
- Analysis of Sweden's performance with respect to its set targets for emissions control and energy efficiency.
- Key business opportunities generated by Sweden through policies and measures undertaken to achieve its emissions and efficiency targets.
Highlights
- Sweden lies in the set of EU countries with the lowest current potential for manufacturers. However, the country does have ambitious targets beyond 2020 and a strong supportive framework for energy efficiency in place. This is expected to hold significant opportunities for companies like efficient heating manufacturers, and control manufacturers.
- New rules for housing and services will also provide new opportunities for manufacturers, especially in district heating and household appliances. This is expected to be the case over the long term as the housing and services sector is estimated by the government to be the most reliable for energy savings and have the highest savings potential.
- While Sweden’s investment potential is below that of larger, more energy consumer countries like France and Germany, the broad scope of initiatives and strong framework in place, makes it an attractive opportunity for companies dealing with energy efficiency and emissions control mechanisms and product lines.
Your key questions answered
- Assess Sweden's potential for investment in sectors involving energy efficiency and emissions mitigation.
- Analyze trends for energy usage, emissions control and legislations in place in Sweden in order to meet its EU 20-20-20 targets.
- Identify sectors with high levels of legislative support and their future outlook.
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