Abstract
Introduction
The EU’s Climate and Energy Package was introduced in 2009 to ensure
that the region meets its 20-20-20 targets. The EU plans to reduce its GHG
emissions by 20% and increase the share of renewable energy consumption to
20%. As per EU’s Effort Sharing Directive launched in 2006, each member
country has committed to an indicative 9% reduction in energy usage by 2016
compared to 2005 levels.
Features and benefits
• Analysis of key facets of the EU 20-20-20 targets and the UK' s
interpretation of the same.
• Benchmarking of the UK' s performance against that of other major
European countries in terms of energy efficiency and target achievement.
• Analysis of the UK' s performance with respect to its set targets for
emissions control and energy efficiency.
• Key business opportunities generated by UK' s through policies and
measures undertaken to achieve its emissions and efficiency targets.
Highlights
The UK sits just outside the set of EU countries with the highest current
potential for manufacturers. Energy consumption reduction targets will open up
the market for environmental engineering, particularly energy performance
assessments and contracts, electrical installations, plumbing, heating,
lighting and ventilation.
The country does have ambitious targets beyond 2020 and a progressive
framework for energy efficiency in place. This is expected to hold significant
opportunities, particularly in the residential and building sectors with the
household energy efficiency market alone expected to be worth £10bn by
2020.
The UK has signed up to the EU Renewable Energy Directive, which includes a
UK target of 15% of energy from renewables by 2020. This target is equivalent
to a seven-fold increase in renewable energy consumption from 2008 levels and
represents some of the best investment opportunities of any EU member
state.
Your key questions answered
• Assess the UK' s potential for investment in sectors involving energy
efficiency and emissions mitigation.
• Analyze trends for energy usage, emissions control and legislations in
place in the UK in order to meet its EU 20-20-20 targets.
• Identify sectors with high levels of legislative support and their
future outlook.
Table of Contents
OVERVIEW
Catalyst
Methodology
Executive summary
INTRODUCTION
The European Climate and Energy Package and efficiency
targets
EU Emission Trading Scheme
Effort Sharing Decision for sectors not
covered in the EU ETS
Binding national targets for renewable
energy
Energy Efficiency Action Plan
COUNTRY BENCHMARKING
Overview
COUNTRY SNAPSHOT
Macroeconomic indicators
Energy sector overview
EFFORT SHARING DECISION FOR NON-EU ETS SECTORS IN THE UK
Effort Sharing Decision targets
Action areas: the Effort Sharing Decision
Residential
Business
Future outlook
ENERGY EFFICIENCY IN THE UK
Energy efficiency targets and action areas
Residential
Business and public sector
Transport
UK energy efficiency market size
Future outlook
CONCLUSION
Trends for energy efficiency and emissions
Business opportunities due to the ESD targets
APPENDIX
Criteria for increased credit allocation under the Effort
Sharing Decision
Sources
Further reading
Glossary
Biofuel
Biomass
Carbon dioxide (CO2)
Carbon dioxide equivalent (CO2e)
Carbon footprint
Carbon offset
Carbon trading
Cleantech
Climate change
Cogeneration
Compound annual growth rate (CAGR)
Emissions trading
Geothermal energy
Greenhouse gases (GHGs)
Hydropower energy (hydro)
Microgeneration
Photovoltaic (PV) and solar thermal
energy
Renewable energy
Ask the analyst
Datamonitor consulting
Disclaimer
EU 2020 Targets and Energy Efficiency Opportunities in the UK published by Datamonitor in March 29, 2011. This report consists of Pages: 38 and the price starts from US $ 2900.
