S.L. 623.7 Art. 7Energy savings obligation. S.L. 423. 50.

(1) The Minister shall ensure that the achieved cumulative end-use energy savings shall be at least equivalent to:

st

(a) new savings each year from 1 January 2014 to st 31 December 2020 of one point five per cent (1.5%) of annual energy sales to final customers by volume, averaged over the st most recent three (3) -year period prior to 1 January 2013. Sales of energy, by volume, used in transport may be excluded, in whole or in part, from this calculation; and st

(b) new savings each year from 1 January 2021 to st 31 December 2030 equivalent to zero point two four per cent (0.24%) of annual final energy consumption, averaged over the st most recent three (3)-year period prior to the 1 January 2019.

(2) Energy savings that stem from policy measures, whether st introduced by 31 December 2020 or after that date, may be counted provided that the said measures result in new individual actions that st are carried out after the 31 December 2020.

(3) New annual savings in accordance with paragraph (b) of sub-regulation (1) shall continue to be achieved for ten (10) year periods after 2030, unless reviews by the Commission by 2027 and every ten (10) years thereafter conclude that this is not necessary to achieve the Union’s long-term energy and climate targets for 2050.

(4) The Minister shall decide how the calculated quantity of new savings shall be phased over the periods referred to in paragraphs

(a) and (b) of sub-regulation (1), provided that the required total cumulative end-use energy savings have been achieved by the end of each obligation period.

(5) Subject to, that at least the cumulative end-use energy savings obligation referred to in paragraph (b) of sub-regulation (1) is achieved, the required amount of energy savings may be calculated by one or more of the following means:

(a) applying an annual savings rate on energy sales to final customers or on final energy consumption, averaged over st the most recent three-year period prior to 1 January 2019;

(b) excluding, in whole or in part, energy used in transport from the calculation baseline;

(c) making use of any of the options set out in sub-regulation (7).

(6) Where the possibilities provided for in sub-regulation (5) are made use of, there shall be established:

(a) the annual savings rate that will be applied in the calculation of the cumulative end-use energy savings, which shall ensure that the final amount of net energy savings is no lower than that required under paragraph (b) of sub-regulation (1); and

(b) the calculation baseline, which may exclude, in whole or in part, energy used in transport.

(7) The Minister may, subject to sub-regulation (8):

(a) carry out the calculation required by paragraph (a) of sub-regulation (1) using values of one per cent (1%) in 2014 and 2015, one point two five per cent (1.25%) in 2016 and 2017, and one point five per cent (1.5%) in 2018, 2019 and 2020;

(b) exclude from the calculation all or part of the sales of energy used, by volume, with respect to the obligation period referred to in paragraph (a) of sub-regulation (1), or final energy consumed, with respect to the obligation period referred to in paragraph (b) of that sub-regulation, by industrial activities listed in Schedule 1 to the European Union

Greenhouse Gas Emissions Trading System for Stationary Installations Regulations;

(c) count towards the amount of required energy savings, energy savings achieved in the energy transformation, distribution and transmission sectors, including efficient district heating and cooling infrastructure, as a result of implementing the requirements set out in sub-regulations (5) and (6)(b) of regulation 21 and sub-regulations (1) to (6) and (10) of regulation 22. The Commission shall be informed about intended policy measures under this paragraph for the period st st from 1 January 2021 to 31 December 2030 as part of the integrated national energy and climate plan. The impact of these measures shall be calculated in accordance with the Fifth Schedule and included in said plan;

(d) count towards the amount of required energy savings, energy savings resulting from individual actions newly st implemented since 31 December 2008 that continue to have an impact in 2020 with respect to the obligation period referred to in paragraph (a) of sub-regulation (1), and beyond 2020 with respect to the period referred to in paragraph (b) of sub-regulation (1), and which can be measured and verified;

(e) count towards the amount of required energy savings, energy savings that stem from policy measures, provided that it can be demonstrated that those measures result in individual actions carried out from 1st January 2018 to 31st December 2020 which deliver savings after 31st December 2020;

(f) exclude from the calculation of the amount of required savings, thirty per cent (30%) of the verifiable amount of energy generated on or in buildings for own use as a result of policy measures promoting new installations of renewable energy technologies;

(g) count towards the amount of required energy savings, energy savings that exceed the energy savings required st st for the obligations period from 1 January 2014 to 31 December 2020, provided that these savings result from individual actions carried out under policy measures referred to in regulations 8 and 9, notified in the National Energy Efficiency Action Plan and reported in the progress report.

(8) The application of the options chosen under sub-regulation (7) shall be separate for the periods referred to in paragraphs (a) and (b) of sub-regulation (1) and the effect thereof shall be separately calculated as follows:

(a) for the calculation of the amount of energy savings required for the obligation period referred to in paragraph (a) of sub-regulation (1), paragraphs (a) to (d) of sub-regulation (7) may be used. All the options chosen under sub-regulation (7) taken together shall amount to no more than twenty-five per cent (25%) of the amount of energy savings referred to in paragraph (a) of sub-regulation (1);

(b) for the calculation of the amount of energy savings required for the obligation period referred to in paragraph (b) of sub-regulation (1), paragraphs (b) to (g) of sub-regulation (7) may be used, provided individual actions referred to in paragraph (d) of sub-regulation (7) continue to st have a verifiable and measurable impact after 31 December