Commissioner Günther Oettinger welcomes political agreement on the Energy Efficiency Directive

“This is a big step ahead: for the very first time we have legally binding energy efficiency measures. Europe is now much better placed to achieve its 20% energy efficiency target for 2020”, Energy Commissioner Günther Oettinger stated.

“The measures will reduce our energy bill while generating further growth and jobs. They stimulate investments and make our energy using products more efficient.”

“The European Parliament and the Council have played a constructive role in finding a compromise. It also shows Europe’s ability to act in difficult economic times.”

Yesterday evening, the European Parliament, the Council and the EU Commission reached a political agreement on the Energy Efficiency Directive. Today, Coreper endorsed the agreement. European Parliament and the Council still need to give their approval.

To read the complete memo from the EC, click here.