January 10, 2007

EU's energy plan

EU's energy and climate plan has a 20% carbon reduction target by 2020. The plan has three main areas a truly free internal energy market, where users have their choice of suppliers among all European suppliers; an accelerated shift to low-carbon energy, by increasing the share of renewable sources in the energy mix to 20% by 2020; and increased energy efficiency. The commission said it would increase its annual spending on energy research by at least 50% for the next seven years.

For nuclear energy, the EU Commission acknowledged that nuclear energy is currently the most important source of low-carbon energy. It is up to individual states to decide whether to adopt it in the long-term. If states did decide to adopt nuclear energy, they could rely on the EC for assistance with security matters.

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