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Joint Parliamentary Meeting Towards a European Energy Community for the 21st Century? Monday 7 and Tuesday 8 June 2010 Hemicycle, Paul Henri Spaak building European Parliament - Brussels Table of Contents Working Group III: “Energy and Environment - New and Renewable Energies and Technologies” 2 1. Renewable Energy Sources and Technologies 2 1.1. EU RES promotion policy 3 1.2. The Renewable Energy Roadmap and the New RES Directive 4 2. Energy Efficiency and Energy Conservation 6 2.1. Buildings sector 7 2.2. Industry and Transport sectors 8 3. Energy Technology and Innovation 9 3.1. The Strategic Energy Technology Plan (SET-Plan) and industrial initiatives 9 3.2. Financing infrastructure and demonstration projects 12 3.3. Future discussions 13 Working Group III: “Energy and Environment - New and Renewable Energies and Technologies” Continuous growth in global energy demand coupled with growing concerns about energy security and the environment, have challenged the sustainability of the current energy system. Considering that 80% of greenhouse gases emissions are related to energy production and consumption, the development and deployment of innovative energy technologies are needed to reduce emissions, but also create new markets for EU industry and to secure adequate level of supply. To complement its emission trading policy, a coherent EU framework for the promotion of energy policy promoting energy efficiency (EE), renewable energy (RE) and RD in energy innovation is needed if the EU wants to meet its emission targets and make the best of its competitive advantages in this field. Renewable Energy Sources and Technologies Renewable sources of energy – wind power, solar power (thermal, photovoltaic and concentrated), hydro-electric power, tidal power, geothermal energy and biomass – are alternatives to fossil fuels that help reduce greenhouse gasses emissions, diversify energy supply and reduce dependence on volatile fossil fuel markets.The growth