Negotiators from the EU Parliament and Council have agreed on new energy saving targets for 2030.

The directive is designed to update the current rules on the subject, which stipulate that by the end of the decade the EU should collectively reach a savings target of 32.5 per cent of energy used. The agreement between member states and MEPs raises the ambition: the final EED requires that we collectively reduce energy consumption by at least 11.7 per cent more than the level of effort in the old baseline.

All Member States will have to participate in achieving the EU 2030 target through indicative national trajectories and contributions.

The agreement signed on 10 March 2023 will now be submitted to the Permanent Representatives Committee in the Council and the ITRE Committee of the Parliament for approval. It can then be formally adopted by the Parliament and the Council, and then be published in the Official Journal of the EU and enter into force.