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EU 2020 Targets and Energy Efficiency Opportunities in Germany
Datamonitor, April 2011, Pages: 35
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 Germany's interpretation of the same.
- Benchmarking of Germany's performance against that of other major European countries in terms of energy efficiency and target achievement.
- Analysis of Germany's performance with respect to its set targets for emissions control and energy efficiency.
- Key business opportunities generated by Germany through policies and measures undertaken to achieve its emissions and efficiency targets.
Highlights
- Germany shows one of Europe's largest investment potentials for low carbon and energy efficiency. While the rate of energy efficiency improvement has slowed over the recent years, the German government has put in place strong climate protection legislation.
- Germany backs its ambitious long-term climate and energy policies with regulatory certainty for businesses, and couples fiscal measures such as the ecological tax reform, vehicle tax and HGV toll based on carbon emissions with generous subsidies and funding, to achieve its 2020 objectives and beyond.
- Companies that provide low-carbon solutions such as renewable power generators and infrastructure providers, sustainable building specialists, as well as the transport industry will be able to tap into a dynamic market that is bound to grow vastly over the coming years.
Your key questions answered
- Assess Germany's potential for investment in sectors involving energy efficiency and emissions mitigation.
- Analyze trends for energy usage, emissions control and legislations in place in Germany 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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