The European Union put down the last piece of the bloc's 2020 climate and energy policy puzzle by adopting an Energy Efficiency Directive. The directive is a game-changer for energy companies, which are now required to achieve 1.5% energy savings every year among their final clients. The EU law is also expected to trigger the largest revamp of Europe's existing building stock to date and set new standards for public procurement and energy audits.
Energy companies will have to change their business models from gas and electricity supply only as the EU's Energy Efficiency Directive takes shape, says Jon Slowe, director at Delta Energy and Environment, a consulting firm.
Energy companies will have to change their business models from only gas and electricity supply to personalised consumer energy services as the EU's Energy Efficiency Directive takes shape, an industry expert told EURACTIV in an interview.
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