This publication is an analytical report aiming to support the on-going review/revision of EU climate and energy policy instruments. The first objective of the report is to contribute to making 2016 the year of delivery for EU instruments aiming to reduce buildings' energy consumption and their related GHG emissions. The second objective of the report is to kick-start work on the paradigm shift introduced by the Energy Union Strategy Framework and confirmed by the Paris Climate Agreement. The aim is to ensure that the energy transition of buildings in the EU will unleash the 4th industrial revolution. In the long run, this will give EU industry a competitive advantage in global markets.
The structure of the report is as follows:
Chapter I presents, for the first time, an estimate of the EU energy renovation market. Estimates of the current EU energy renovation market are based on the market of the 17 Member States covered by EUROCONSTRUCT (Austria, Belgium, Czech Republic, Denmark, Finland, France, Germany, Hungary, Ireland, Italy, Poland, Portugal, Slovakia, Spain, Sweden, The Netherlands and the United Kingdom). The Chapter concludes with an estimate of the energy renovation market for the EU28 if a 40% energy savings target is adopted. It also includes an estimate for job creation. Finally, the Chapter includes analysis of the non-market value of energy renovation such as energy geopolitics and equal access of EU citizens to energy services.
Chapter II analyses the provisions included in the 14 EU policy instruments that target reducing energy consumption in buildings and related GHG emissions. The analysis in the Chapter highlights that the fragmentation of the provisions among various instruments does not lead to the coherent and ambitious renovation strategy that is needed to enhance the EU economy and foster innovation. The Chapter includes specific recommendations to address each gap or loophole identified in the existing provisions.
Chapter III contains a forward-looking vision for the building sector. It proposes the design of a long-term integrated EU investment-climate-energy policy framework for buildings. This framework would combine EU investment policies with the climate and energy policies that target the building sector. The Chapter proposes setting new administrative arrangements by establishing an EU energy renovation facilitator and an EU risk-sharing facility to ensure a smooth and effective implementation of the long-term integrated investment-climate-energy policy framework for buildings.
The report concludes by suggesting the steps to undertake for the design and the implementation of the proposed overarching integrated EU investment-climate-energy policy framework for buildings.
European Climate Foundation, Danfoss and United Technologies Corporation, European Climate Foundation, Danfoss and United Technologies Corporation
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