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The UK already has an indicative target for energy savings by 2016 under the EU energy end use efficiency and services directive. The UK is expected to exceed this target and, compared to the baseline, UK policy measures will lead to more than 200TWh energy savings by 2016.(1)
The European Commission has also proposed, in the draft energy efficiency directive, that member states set themselves an indicative primary energy consumption target for 2020, and that member states establish energy efficiency obligation schemes requiring all energy suppliers (or distributors) to meet an annual energy-saving target based on energy sales in the previous year. However, as negotiations are still in process, it is unclear what form these targets might ultimately take and what, if any, target the UK might subsequently adopt. Therefore, we are not currently able to assess any associated costs and benefits.
(1 )DECC, UK report on articles 4 and 14 of the EU end-use efficiency and energy services directive, July 2011