In terms of greenhouse gas emissions, energy efficiency and renewable energy, Europe is on track to reach its 2020 targets. To further drive this process, the Commission today is announcing a new Energy Union tour.
The EU as a whole has continued to make good progress on delivering the Energy Union objectives, in particular on the 2020 energy and climate targets (see MEMO/17/162 and MEMO/17/163). It has already achieved its 2020 final energy consumption target. The same is true for greenhouse gas emissions: in 2015, EU greenhouse gas emissions were 22% below the 1990 level. The EU is also on track in the renewable sector where – based on 2014 data – the share of renewables reached 16 % of the EU's gross final energy consumption. Another important trend is that the EU continues to successfully decouple its economic growth from its greenhouse gas emissions. During the 1990-2015 period, the EU's combined Gross Domestic Product (GDP) grew by 50 %, while total emissions decreased by 22 %.