A recent study conducted by Ecofys concluded that the European Ecodesign Directive being correctly applied would lead to annual savings of up to 600 TWh of electricity and 600 TWh of heat production energy by 2020, the equivalent of 17% and 10% of the European Union total respectively.
The Ecodesign Directive is one of the most effective tools that the European Union has for cost-effective energy savings. These savings would increase EU supply security, would create jobs and would help the EU to achieve the medium- and long-term targets in terms of energy and climate change.
Apart from the environmental benefits, this study has detected the economic benefits resulting from the Directive being correctly applied. These include a net savings of 90,000 million euros per year - 1% of the current GDP of the EU - by 2020, both for the consumers and for European companies, which would mean a savings of €280 per household per year.
The dependency on energy imports likewise would be reduced by 23% as regards natural gas and 37% in terms of coal. This means that the EU could drastically reduce natural gas imports by more than a half and coal imports could stop completely.
The European Ecodesign Directive was introduced in order to harmonise the ecological design requirements for all energy-related products across the Community. It establishes a framework of ecodesign requirements, applicable to those products (Energy-related Products, ErP) as they account for a large percentage of the natural resources and energy consumed in the European Union and have other significant impacts on the environment. Should they fail to meet these requirements, the products cannot obtain the CE mark and, therefore, cannot be sold within the European Community.
26 September, 2012.