EU 2020 Targets and Energy Efficiency Opportunities in Italy

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 Italy's interpretation of the same.
• Benchmarking of Italy's performance against that of other major European countries in terms of energy efficiency and target achievement.
• Analysis of Italy's performance with respect to its set targets for emissions control and energy efficiency.
• Key business opportunities generated by Italy through policies and measures undertaken to achieve its emissions and efficiency targets.

Highlights

Italian GHG emissions were expected to decrease by 2.5% in 2010 compared to 1990 levels. However, it is unlikely that this was achieved. The greatest contribution is expected from the transport, industrial and housing sectors. This is due to an increased income and employment, and a greater need for transport infrastructure as a result of growth.

The introduction of White Certificates and a government push to increase the participation of energy service companies means that there will be strong opportunities for these companies. In particular, efficient appliance manufacturers, and smart grid industry players will find a lot of opportunities in the Italian market over the next few years.

In the non-ETS sectors, the country is mainly focused on increasing efficiency in the buildings and industrial sector through its White Certificate System. It will be banking on strong emissions mitigation achieved in the housing sector to achieve its non-ETS targets.

Your key questions answered

• Assess Italy's potential for investment in sectors involving energy efficiency and emissions mitigation.
• Analyze trends for energy usage, emissions control and legislations in place in Italy in order to meet its EU 20-20-20 targets.
• Identify sectors with high levels of legislative support and their future outlook.