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EU urges member states to meet 2030 energy target

The EU countries passed a binding target in October 2023: to reduce final energy consumption by 11.7 per cent by 2030.

• September 12, 2024
EU Leaders
EU Leaders

European Union members have to step up their efforts to meet the EU 2030 energy consumption reduction target, the European Commission said in its annual Energy Union Report.

The EU countries passed a binding target in October 2023: to reduce final energy consumption by 11.7 per cent by 2030 compared to the projected energy use for 2030 based on the 2020 reference scenario.

They also set themselves a target of reducing greenhouse gas emissions by at least 55 per cent by 2030, compared to 1990 levels.

“All member states must step up efforts to ensure a sufficient level ambition and ensure that the European Union is on track towards its collective energy and climate targets for 2030,” the report said.

It urged member states to submit their National Energy and Climate Plans as soon as possible in order to “address bottlenecks, discuss best practices, and improve regional coordination and enable a rapid and agile delivery of our 2030 objectives.”

The commission said more coordination among member states and market integration and joint action were needed to address emerging challenges.

The emerging challenges include the increase in energy poverty, the price differential compared to other global competitors and the risk of new critical dependencies.

The report also recognises the need to build on industry partnerships to accelerate net-zero technology development and strengthen the EU’s manufacturing base.

(Xinhua/NAN)

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