In this policy brief we will show that Europe could double its energy productivity performance on the basis of existing technologies.
High Energy – Productivity Growth Scenario would not only bring no appreciable reduction in lifestyle and prosperity; it would actually add to lifestyle quality by freeing up more money for spending on health, recreation and education. The effect would be felt at the national level – where countries would have more money to invest on desirable social goods. But it would also create a palpable difference at the household level.
The average European consumer would pay around €82,45 per month in energy costs, down from the average €123,27 today.