As the ban on using incandescent and halogen lamps in street lights came into effect in 2010, by European Union, it set a whole new level of benchmark in conserving energy by efficiently and effectively consuming it. In the climate change debate, in which the main factor of concern being the reduction of carbon dioxide emissions, EU has taken a strong action by implementing installations of LED street lights in countries such as UK, Germany, Spain, Poland, France, the Netherlands, Croatia, Portugal, Italy, Belgium, and the Czech Republic.
Currently EU’s policy includes a 20-20-20 headline target to be achieved by 2020 that stands for reduction of Greenhouse Gas emissions by 20%, saving energy consumption by 20% and share of renewable energy source by 20%. With the target achieved, i.e. of using LEDs, up to 70% of energy currently used in street lighting would be saved. LEDs are proven to be more energy efficient, have longer life span and cost low in operations and maintenance (O&M) and are constantly declining in prices. Thus, boosting LED lighting market in Europe. The proposed plan of protecting climate is not limited up to 2020, but a 2030 framework is underway as well. To ensure that, a proper investment is needed for sustainable growth, affordable competitive energy prices and energy security for there will be a higher ambitious plan for 80-95% energy saving by 2050.
Due to the fact that Europe’s dependence on fossil fuels is growing with each year, the consequences are too resulting in the form of expensive and unaffordable bills for Europeans. As the large consumption of fossil fuels are bringing harmful outcomes in climate change and economy, there arose the need to set up a plan for better future with low-carbon society by 2050. EU’s vision for 2020 is commendable and although it is right around the corner, it will be wise to chart out a plan for 2030.
Energy policy aims at sustainability combined with competitiveness and security of supply. The proposal is built on these three objectives that focus on the impact of energy policy. The proposals of the European Commission are significant and groundbreaking. It is highly essential that other countries are committed to climate protection and forming policies that benefit near future like no other.