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Abstract: This paper will summarise the European Strategy for Energy and Climate Change. In current international negotiations Europe has proposed a 20% reduction in GHG (greenhouse gases) in the developed countries by 2020 or 30% should there be an international agreement in the domain. However it is important to define measures to achieve the targets. One of the principal tools is to improve energy efficiency under the energy efficiency action plan, which will help to achieve a 20% energy saving by 2020. On the other hand, the amount of energy from renewable sources consumed in Europe will have to rise from its current level of 8.5%–20% by 2020. These are ambitious but achievable targets. Nonetheless, these can only be achieved through strong investment in areas of the knowledge triangle which strengthens research and innovation in the energy sector in Europe. The paper covers European Energy and Climate Change Policy, the European Strategic Energy Technology plan, the consequences of the Lisbon Treaty, European and national Road maps to a low carbon economy, the Energy Efficiency Plan for 2011 and finishes with a brief consideration of the EU’s energy infrastructure priorities. [Copyright &y& Elsevier]

This paper defines the diverging interests of multiple actors in typically achieving and advancing energy efficiency. Gaps in the literature include the short elaboration of energy efficiency factors and conditions and the lack of information about developed and developing countries and thorough consideration of their specific features, impeding the development and implementation of detailed energy efficiency management strategies. It is against this backdrop that this paper seeks to identify the essence of energy efficiency and developing specific recommendations for achieving the most beneficial effect and well-balanced energy efficiency on the global scale, within the achievements of international goals in sustainable development. The paper exposes the critical factors of energy efficiency, accurately models the best energy efficiency characteristics, and settles the best energy consumption structure. The methodological purpose is to find different energy efficiency scenarios and disentangle fundamental differences in energy efficiency in developed and developing countries. The paper indicates that the reasonable likelihood of noteworthy achievement results in energy efficiency with insignificant mid-term changes. We give recommendations about well-balanced energy efficiency on the global scale and global progress in sustainable development. • This paper disentangles key differences in energy efficiency in developed and developing countries. • We identify the essence of energy efficiency and develop recommendations for achieving balanced energy efficiency globally. • The paper models the best energy efficiency characteristics and settles the best energy consumption structure. • We give recommendations about well-balanced energy efficiency in sustainable development. • The study shows energy consumption optimization in terms of GDP structure, energy consumption, and sustainability. [ABSTRACT FROM AUTHOR]