The first Business Beyond Borders matchmaking event is approaching fast! From 28th of February to the 1st of March 2017, we will be in Madrid for our 2-day matchmaking session for SMEs and clusters at Genera, the international energy and environment trade fair.
Ahead of event, we have prepared an overview of the EU energy sector and why it is a vital tool to enhance the EU’s competitiveness:
- The energy sector – which comprises extraction, production and distribution – amounts to 4% of the non-financial business economy in the EU.
- In 2015, the energy sector comprised 1.6 million workers of the total EU work force.
- There were 89.345 enterprises listed in the EU energy sector in 2015.
- In 2014, nuclear energy was the most produced type of energy in the European Union (28.8%), followed by renewables (24.9%) and solid fuels (19.1%). The biggest EU energy producers were France (nuclear), Netherlands (gases), UK (petroleum and products), Poland (solid fuels) and Germany (renewables, waste & non-renewables).
- On the other hand, petroleum is the most consumed type of energy in the EU (34.4%), followed by gases (21.4%) and solid fuels (16.7%). Staying true to its most produced type of energy, France is also the biggest consumer of nuclear energy among the EU member states.
- Almost 90% of new power for electricity grids in the EU came from renewable energy sources in 2016, with wind energy surpassing coal as the second largest form of power capacity in Europe.
- Spain – the host country of the GENERA energy fair – considers energy & environment a key sector for its trade and development. It accounts for 4% of the areas of the companies allocated in Spain’s 80 Technology Parks.
- Energy efficiency – from generation to final consumption – can play a big role in the EU’s energy sector economic development. Using energy in a more efficient way helps to lower people’s energy bills, reduce the Union’s reliance on energy imports and preserve the environment. The EU Horizon 2020 programme has allocated a total budget of €194 million for energy efficiency-related projects in the period 2016-2017.
- Energy was one of the priorities included in the European 2020 strategy for jobs and growth.In this document, the EU vowed to increase its levels of energy coming from renewable sources by 20% and to meet a 20% energy savings target to by the end of this decade. Lately, the EU has stepped up its game by promising the even more ambitious target of cutting CO2 emissions by at least 40% until 2030.
- In 2015, the EU has initiated efforts for the successful creation of an Energy Union, a mission that falls under the responsibility of EU Commissioners Maroš Šefčovič and Miguel Arias Cañete. Recently, the EU has proposed new rules for consumer centre clean energy transition. This will seek to put energy efficiency first, achieve global leadership in renewable energies and provide a fair deal for consumers.
We hope that these facts and figures are a good amouse-bouche for a very exciting event next week. For those who cannot attend the first Business Beyond Borders event but are nevertheless interested in following it, you can follow us on Twitter and Facebook for live coverage of the event.
See you at Genera!