On the October 24th 2014, the EU approved its long awaited targets for emission cuts, energy savings and clean energy. The announcement has been met with significant criticism from the environmental lobby, for their less than ambitious targets, but those within the energy efficiency industry can see the big opportunities the new goals could bring. The EU set initial objectives for 2020, dubbed the “20-20-20 targets”, which promise: A 20% reduction in EU greenhouse gas emissions from 1990 levels; Raising the share of EU energy consumption produced from renewable resources to 20%; A 20% improvement in the EU’s energy efficiency. As a precursor to the 2030 Framework for Climate and Energy where, the following, more ambitious targets have been approved: A binding EU target of at least 40% reduction of greenhouse gas emissions by 2030, compared to 1990; A binding target of at least 27% of renewable energy used at EU level; An energy efficiency […]