Description: The Department of Energy & Climate Change (DECC) released its third National Energy Efficiency Action Plan (NEEAP) setting an energy efficiency target of 129. 2 Mtoe for final energy consumption, which represents an 18% reduction in final energy consumption relative to the 2007 business-as-usual projection. The target requires final energy savings of 1.5%/year relative to the average final energy consumption between 2010 and 2012, i.e. 324 TWh.
The UK introduced an energy saving obligations system called Energy Efficiency Commitment (EEC) in 2002 that was replaced by the Carbon Emissions Reduction Target (CERT) in 2008 with saving obligations in terms of CO2 (lifetime savings). The CERT target required energy companies to save 293 MtCO2 over the 2008-2012 period. They achieved 297 MtCO2. In 2013 the CERT scheme was replaced by the Energy Companies Obligation (ECO),which applies to gas and power suppliers with at least 250 000 customers and that supply more than 400 GWh of electricity or 2 000 GWh/year of gas in the UK (i.e. the big six energy suppliers). The obligated suppliers must achieve carbon and cost savings (proportionally to their respective market shares in terms of customers) in respect of three distinct targets by 31 March 2015: 20.9 MtCO2 lifetime savings under the Carbon Emissions Reduction Obligation (CERO), 6.8 MtCO2 lifetime savings under the Carbon Saving Community Obligation (CSCO) and £4.2bn (€5bn) under the Affordable Warmth target.
National energy efficiency target: An energy Efficiency target of 129.2 Mtoe (for final energy consumption on a net calorific value basis), which represents an 18% reduction in final energy consumption, relative to the 2007 business-as-usual projection.