The EU could make net savings of €250 billion per year by 2030

 €250 billion in annual energy savings possible by 2030!!!

LED (Light-Emitting Diode) bulbs are at least six-times more efficient than their incandescent counterparts. [Shutterstock]
The EU could make net savings of €250 billion per year by 2030 if it reduces energy use 35% below 2005 levels, says a new report commissioned by environmental pressure groups.
The report, Saving Energy, says that the EU will save a further €200 billion annually, if it meets a voluntary 2020 target of using 20% less energy than projected in 2005.