Energy efficiency as the key to consolidating economic recovery

At this month’s G7 meeting in Hamburg, Energy Ministers agreed to commit to energy efficiency as a key element of a future energy policy. Companies, governments and institutions of all types such as political parties and business organisations from a vast majority of countries are all in agreement. In the resolution document, the European Energy Commissioner, Miguel Arias Cañete, reiterated his congratulations on the commitments achieved “we are committed to making use of the huge unused potential to increase energy efficiency”.

At a recent forum in Spain organised by the La Vanguardia newspaper “Future Dialogues KPMG/Banco Sabadell: Energy efficiency”, he put his finger on the problem: “we must have a clear energy policy that sees efficiency as vital element”. In Spain there are hundreds of companies – from industrials to hotels and a host of services activities – that have to decide whether to undertake profitable energy efficiency projects and do not go ahead with them. The reasons are crystal clear: a lack of proper instructions and a failure to transmit confidence to corporate decision-makers so that the real agents behind stimulating activity are businesses and private individuals themselves.

To begin with, Spain’s efficiency framework requires an injection of certainty and good regulatory praxis. This translates into implementing the Energy Efficiency Directive – including the European CHP framework – and decisively overrides the stagnated positions of Spain and Portugal that voted against its approval at the European Council of October 2012. This has to be a priority of the energy policy. Read more…

Javier Rodríguez,
Managing Director, ACOGEN

Article published in: FuturENERGY May 2015