On 10 January 2007 the European Commission released ‘Energy for a Changing World’ an integrated energy and climate change package comprised of 9 major policy papers, namely:
- An Energy Policy for Europe
- Renewable Energy Road Map
- Progress in renewable electricity
- Progress in Biofuels
- Internal Market for Gas and Electricity
- Gas and Electricity Infrastructures
- Nuclear Energy
- Sustainable Power Generation from Fossil Fuels
- Strategic Energy Technology Plan
As part of the policy package, the EC committed to cut greenhouse gas emissions by at least 20% below 1990 levels by 2020, in particular through energy measures.
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1) A true internal energy market;
2) Accelerating the shift to low-carbon energy;
3) Energy efficiency through the 20% target by 2020.
In addition, 10% of vehicle fuel should come from biofuels.
The EU wants to make these targets to be binding for the first time. It also wants to make sure all new power stations are carbon neutral in 13 years - they should be built in such a way that carbon can be captured and buried - as well as ensuring there is a big increase in renewable power like wind and wave energy.
The EU wants to fully open up the existing energy market to enable half a billion citizens to get their electricity or gas from anywhere else in Europe.
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