Why have energy labels been introduced?
For its energy supplies, the European Union is dependent to a large extent on the import of fossil fuels. In 2015, 53% of the energy the EU consumes was imported from other parts of the world. The Union would prefer to be self-sufficient. Besides this economic reason, there are also environmental and social reasons to address energy policy EU-wide.
For this reason, the EU countries are making a common effort towards a future-oriented climate policy, with as aim the supply of safe, sustainable, competitive and affordable energy. The policy’s five key points are:
- Energy security, solidarity and reliability
- A fully-integrated European energy market
- Energy-efficient contribution to moderating the demand
- Making the economy carbon dioxide-free
- Research, innovation and competition capacity.
To comply with point 3, on 27 October 2005, the European Council approved the introduction of a mandatory and comprehensive European energy policy. The Commission hopes in this way to impose a downwards pressure on energy prices, to reduce the necessity to build new nuclear power stations and also the risk of blackouts, and to improve the reliability of renewable energy supplies and stimulate their market integration.
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