EU hits energy reduction target six years early

The EU’s final energy consumption has reduced by the equivalent of Finland’s entire energy usage over 15 years. It has fallen from 1,133 million tonnes of oil equivalent (Mtoe) in […]

The EU’s final energy consumption has reduced by the equivalent of Finland’s entire energy usage over 15 years.

It has fallen from 1,133 million tonnes of oil equivalent (Mtoe) in 2000 to 1,061 Mtoe in 2014, according to a new report from the European Commission’s Joint Research Centre.

That puts the consumption below the 2020 target of 1,086 Mtoe.

The report shows energy usage trends in the four main energy consuming sectors in the EU: residential, services, transport and industry.

The largest decline of energy consumption is in industry (17.62%) followed by the residential sector (9.52%).

Transport has seen a slight increase (2.21%) and services has seen a marked rise of 16.48%. The increasing trend in this sector is expected to continue as Europe moves to a more service-based industry.

Transport accounted for the largest proportion of energy consumption in 2014 at 33.22%.

Energy demand in the building sector depends on weather, climate, building materials and the lifestyles of those who occupy them, the report states. It suggests an increase in more efficient appliances is likely to have caused the 9.5% decline over the period.

Latest Podcast