Month: July 2014
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Commission Publishes Energy Efficiency Communication
On 23 July 2014, the European Commission published a Communication on Energy efficiency and its contribution to energy security and the 2030 Framework for climate and energy policy. The European Commission proposes a target of increasing energy efficiency by 30 % by 2030, and suggests extending the current energy efficiency framework into the new 2030 package of EU climate and energy policies. The Commission has left it to
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Publication Of BP’s Statistical Review
In June, BP published its 63rd Annual Statistical Review of World Energy. The report shows that the year 2013 saw an acceleration in the growth of global energy consumption, despite a stagnant global economy. Oil remains the world’s leading fuel, with 32.9% of global energy consumption, but it also continued to lose market share for the fourteenth consecutive year. Globally, natural gas accounted for 23.7% of primary energy consumption. Coal’s share of global primary energy consumption reached 30.1%, the highest since 1970. Nuclear output accounted for 4.4% of global energy consumption, the smallest share since 1984. The data in this review shows a flexible global energy system adapting to a changing world. To view the report please click here.
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Italian Presidency Of The Council Of The European Union
In July, Italy took on the rotating Presidency of the European Council until December 2014. Italy’s energy priorities will be to reach an agreement on the EU 2030 climate and energy policies framework, to address energy supply security and to make progress on the Medium Combustion Plant (MCP) Directive.