European Final Energy Consumption Already Below 2020 Targets

The European Union has already managed to reduce its energy consumption below targets it had initially set for 2020, reducing final energy consumption down to 1,061 Mtoe in 2014.

The figures come courtesy of the European Commission’s science and knowledge service, the Joint Research Centre, the science wing of the greater European Union, in a new report detailing energy consumption and energy efficiency trends in the 28 member states of the EU between 2000 and 2014.

Specifically, final energy consumption in 2014 rests at 1,061 million-tonnes of oil equivalent (Mtoe), down from 1,130 Mtoe in 2000, and down on the target set by the European Energy Efficiency Directive of 1,086 Mtoe by 2020.

The report also claims that, having already met the target for final energy consumption, the EU is also on track to reach the target value of primary energy consumption as well, which was set at 1,483 Mtoe by 2020, and in 2014 was already down to 1,505 Mtoe.

The report showed that the transport sector accounted for 33.22% of total final energy consumption in 2014, growing to 352.5 Mtoe.