As the cheapest & cleanest energy is the one we don’t need, rapidly increasing energy savings is of outmost importance to address the current crises, says Monica Frassoni in Euractiv, ahead of the first edition of the European Energy Efficiency Day conference.

More than two hundred days have passed since Russia launched a full-scale invasion of Ukraine, starting a tragic conflict in Europe with no clear end in sight. The use of energy as a weapon by Vladimir Putin shows that by delaying plans for a clean energy transition the EU is more vulnerable and insecure.

While emergency plans are underway to respond to the crisis, skyrocketing prices of wholesale fossil gas and electricity pose a real challenge to struggling citizens and businesses and put at great risk the post-pandemic recovery.

Today, the pressing question everyone is asking is: how can we make it through the next winter and how can we reduce quickly energy prices? But the real question should be: how can we make it through the next four-five winters and burning summers, and at the same time accelerate carbon emissions reduction.

Because the cheapest and cleanest energy is the one we do not need, rapidly increasing energy savings is of outmost importance. By mainly focusing on diversification of gas supply many governments are underestimating the massive savings potential that is currently untapped at end-use and system levels via retrofitting, demand-side flexibility and by accelerating the digital transition.

Read the full article by Monica Frassoni on Euractiv

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Energy efficiency measures, coupled with renewables, are the right tools for achieving carbon neutrality and protecting our energy sovereignty, says Francesco Venturini of Enel X Global Retail ahead of the first edition of the European Energy Efficiency Day.

Citizens, businesses and local governments must join forces to equip themselves with facilities for the production and self-consumption of energy from renewable sources by promoting virtuous behaviours.

Today, market transformation is happening in a very disruptive way. The historical events of the past six months demand an impressive acceleration of the trajectory outlined by the European Green Deal in 2019. Looking back at the past eight years, global investments in clean energies have blossomed to $371 billion, an increase of approximately $60 billion compared to 2014 levels.

Is there enough to go around? The answer for most of us is simple: no.

The Ukraine conflict and its consequent war on prices are proving that our society does not have access to abundant, reliable, cheap and clean energy—placing its economic and social progress at stake. 

But we still have a lucky coin in our pocket: energy efficiency measures can substantially reduce Europe’s carbon footprint if combined with consistent investments in renewable energy.

Read the full article here

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Amidst the climate and energy crisis, Europe’s ageing building stock provides a challenge—and an opportunity, says Julie Kjestrup of the VELUX Group ahead of the first edition of the European Energy Efficiency Day.

There are more benefits to energy efficiency measures than simply saving money. Climate change is happening rapidly and so are the consequences of not fighting it adequately, intentionally and consistently. Despite scientists showing us the marked impact of climate change as well as what we need to do to mitigate it, we are not currently on the right path towards meeting the Paris Agreement and the EU’s 2050 climate neutrality goal. Add to that the recent hike in energy prices and fast action is essential. We can still get on track if we all play our part by taking responsibility and acting now. 

Read the full article here

More information on Energy Efficiency Day here & Register here.