We have put many of the pieces together in the EU to develop quite a robust energy efficiency strategy. But one area that has been left aside is in comprehensively tackling the one area where there is tremendous potential – our existing buildings.
This current report by Dr. Yamina Saheb of OpenEXP provides important evidence of the importance of the renovation industry. The report also shows that renovations can and should play an important role in Europe meeting its climate change goals, following the December 2015 climate change conference in Paris.
While many of us have focused on the two lead EU energy efficiency directives – the 2010 Energy Performance of Buildings Directive and the 2012 Energy Efficiency Directive – for a comprehensive renovation strategy, there are actually about 14 EU instruments that play an important role. This is important for all of us to appreciate, as the European Commission is to publish its energy efficiency package in early October, a package that is to recommend changes to the existing directives in order to improve overall impact.
The report also provides valuable insight into how the renovation strategy can be structured. It builds on an earlier report by Dr. Saheb, prepared for the EC’s Joint Research Centre.
This new report is a discussion paper and EiD readers should be prepared to play their role in the discussion.
The following is a description of the report from the OpenEXP website.
Energy Transition of the EU Building Stock – Unleashing the 4th Industrial Revolution in Europe
The report estimates the EU energy renovation market at EUR 109 billion in 2015 and 882,900 jobs. It shows that the size of the EU energy renovation market could increase by almost half the current energy renovation market if a 40% energy savings target is adopted for 2030. This would lead to more than one million additional jobs.
Increasing the size of the emerging EU energy renovation market would require the design of an overarching, integrated and streamlined framework for buildings based on the “Efficiency First” principle. Such an overarching framework would, as required by the better regulation package, streamline reporting and ensure coherence between the investment-climate-energy provisions currently included in at least 14 EU policy instruments. It would also simplify implementation for Member States, avoid double counting and facilitate compliance checking. The first step towards this transformation is to address the gaps and loopholes identified in the 14 existing EU instruments aiming to increase investments in reducing energy consumption in buildings and their related GHG emissions. The report suggests a specific recommendation for each of the identified gaps and loopholes.
The “Efficiency First” investment-climate-energy proposed framework for buildings would require new governance structure at EU level including setting-up an EU Energy Renovation Facilitator and an EU Risk Sharing Facility. This would give industry confidence to invest in the industrialisation of energy renovation that would unleash the 4th industrial revolution in Europe. The report suggests the first steps towards the design of such a framework.
The report is available here.