Energy Efficiency

What is energy efficiency?

Energy efficiency is the most cost effective way to reduce greenhouse gases emissions, improve energy security and competitiveness, make energy consumption more affordable for consumers, and create jobs.

The energy efficiency challenge applies to all sectors of the economy and impacts the entire energy landscape, from energy resource management to daily life for people around the world.

Final energy consumption by sector

Source: Eurostat website

KIC InnoEnergy addresses two of the three fields of Energy Efficiency with the widest-reaching impact:

  • Energy efficiency in buildings
  • Energy efficiency in industry

 

What are the EU initiatives?

In 2007 the EU leaders issued a target for 2020 in order to reduce energy consumption. At that time, the energy consumption in 27-EU was 1 167 751 ktoe (1.000 tonnes of oil equivalent). The goal was to to reduce the EU’s projected energy consumption by 2020 by 20%, i.e. 934 200 ktoe.

 

Remaining efforts in reducing energy consumption

Source: Eurostat website

To reach this goal, the EU initiatives globally tackle the sectors of the economy that consume the most energy, which are often the most important sources of CO2 emissions (see figure below). Accordingly, the recently adopted European Directive on Energy Efficiency targets four main sectors: transport, household, industry, and agriculture/forestry.

 

 

 

Correlation between energy consumption and CO2 emissions

Sources: Eurostat website and European Environment Agency

What are the applications for KIC InnoEnergy?

The potential scope of Energy Efficiency applications is therefore very large and includes:

  • Manufacturing
  • Power plants
  • Data centers
  • Buildings
  • Transport
  • Agriculture

The technologies involved in these application sectors are also very diverse, and strong focus is necessary to efficiently tackle the energy efficiency roadmaps. With their focus on buildings and industry, KIC InnoEnergy roadmaps in Energy Efficiency take into account two sectors that cover more than half the final energy consumption in the EU, as well as at least one third of CO2 emissions.


Ventures from this Field

KIC InnoEnergy supports start-ups working on this Thematic Field. Click on the button below to get to find out what they do and how to contact them.