EU to Present Energy-Efficiency Plan on March 10, Oettinger Says

European Union Energy Commissioner Guenther Oettinger said he will present on March 10 a plan including “far-reaching” methods to increase energy efficiency in the 27-nation bloc.

The EU member states must boost efficiency in the coming years to avoid missing their political goal of increasing it by 20 percent by 2020, Oettinger told a seminar organized by the European Policy Centre in Brussels today. Adopting binding energy efficiency targets is an option that national governments could consider, he said.

To contact the reporter on this story: Ewa Krukowska in Brussels at ekrukowska@bloomberg.net

To contact the editor responsible for this story: Jones Hayden at jhayden1@bloomberg.net

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