ENERGY EFFICIENCY DIRECTIVE (EED)
As part of the first package of Fit for 55 the European Commission published a new proposal for a revision of the Energy Efficiency Directive (EED) on 14 July 2021 (COM/2021/558 final). The EED was originally adopted in 2012 to help the EU and its Member States make energy efficiency improvements of at least 20 % by 2020. The EED places an upper limit placed on total EU energy consumption and includes a series of provisions to help Member States collectively meet this goal. The EED had undergone a first revision in 2018 to increase the target of energy efficiency improvements to 32.5 % by 2030, with each Member State required to deliver higher annual energy savings obligations (+0.8 %). As part of the Green Deal the EU pledged to reduce greenhouse gas emissions by 55% by 2050. To achieve this the energy efficiency improvements should be accelerated and deepened in comparison to what is enshrined in current legislation, hence why the EED is undergoing another revision under Fit for 55.