Smart meters are key to EU energy targets

10.03.11

The European Commission is backing smart metering and energy efficiency measures to get Europe on course to meet its energy efficiency targets.

According to the Commission, the EU will achieve only half of its target of improving energy efficiency by 20 percent by 2020, if it continues "business as usual".

"Despite progress, our estimates show that we need a further decisive and co-ordinated action on energy efficiency," said energy commissioner Günther Oettinger. "[The plan] paves the way for the longer-term policies needed to achieve a decarbonised and resource-efficient economy by 2050 and to place the EU at the forefront of innovation."

The Commission aims to have 80% of consumers with smart meters by 2020.

To read the full story, click here.