The International Energy Agency presented a scenario according to which the concentration of greenhouse gases in the atmosphere must be stabilised. The objective is to achieve a concentration of 450 ppm CO2 eq (parts per million of CO2 equivalent), so that the increase in the global temperature does not exceed 2 ºC.
This reduction will require a reduction of 20.9 Gt CO2 in 2035, of which 53% would be achieved by improving efficiency in energy consumption.
The diagram below shows CO2 emission savings worldwide by technology in the 450 scenario, compared with the scenario of current policies.
This scenario, known as the 450 Scenario, should derive from a combination of the following instruments:
- carbon markets
- sectoral agreements
- adoption of national policies and measures to reduce greenhouse gas emissions.
The European energy policy has established ambitious targets for energy efficiency, particularly in the Climate and Energy Package, which emphasises “stresses the need to increase energy efficiency in the EU so as to achieve the objective of saving 20 % of the EU’s energy consumption compared to projections for 2020”.
Given this context, and fully aware of the increasing importance of energy efficiency, Galp Energia has developed products, solutions and services that reward more rational use of energy from cleaner sources.