EU 2020 Targets and Energy Efficiency Opportunities in France
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
Highlights
France is among the group of countries, also including Germany, Italy and Spain, where the most promising energy efficiency market exists for energy service companies and control manufacturers.
The residential and building sector offers some of the most promising opportunities. the building renovation market was worth €75bn ($107bn) in 2008 and will continue to grow thanks to increasing support from the French government.
France has a progressive policy framework within which renewable energy and energy efficiency market can develop. France has already become an attractive destination for foreign companies involved in the energy industry as business from the likes of Japan, Germany and Sweden have set-up offices and facilities in the country to take advantage.
Your key questions answered
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 France's interpretation of the same.
- Benchmarking of France's performance against that of other major European countries in terms of energy efficiency and target achievement.
- Analysis of France's performance with respect to its set targets for emissions control and energy efficiency.
- Key business opportunities generated by France through policies and measures undertaken to achieve its emissions and efficiency targets.
Highlights
France is among the group of countries, also including Germany, Italy and Spain, where the most promising energy efficiency market exists for energy service companies and control manufacturers.
The residential and building sector offers some of the most promising opportunities. the building renovation market was worth €75bn ($107bn) in 2008 and will continue to grow thanks to increasing support from the French government.
France has a progressive policy framework within which renewable energy and energy efficiency market can develop. France has already become an attractive destination for foreign companies involved in the energy industry as business from the likes of Japan, Germany and Sweden have set-up offices and facilities in the country to take advantage.
Your key questions answered
- Assess France's potential for investment in sectors involving energy efficiency and emissions mitigation.
- Analyze trends for energy usage, emissions control and legislations in place in France in order to meet its EU 20-20-20 targets.
- Identify sectors with high levels of legislative support and their future outlook.
Contents
OVERVIEWCatalyst
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 FRANCE
Effort Sharing Decision targets and action areas
Future outlook
ENERGY EFFICIENCY IN FRANCE
Energy efficiency targets and action areas
Residential and buildings
Industry
Transport
Future outlook
CONCLUSIONS
Trends for energy efficiency and emissions
Business opportunities
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)
Micro-generation
Photovoltaic (PV) and solar thermal energy
Renewable energy
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Datamonitor consulting
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