Energy efficiency measures could save €410bn by 2030, says EU report
Harmonising energy efficiency rules and eco-design product standards around the world could result in “enormous” emissions savings, according to the European Commission. A study published by Commission last week said that up to 7,600TWh of electricity would, with the changes, be saved by 2030––against a business-as-usual scenario. The study said that global energy efficiency and eco-design measures could save the equivalent of almost double the annual electricity consumption of the US in making an estimated €280bn-€410bn in savings on energy spending. At the same time, 4,450Mt of carbon emissions would be avoided.