EuroACE was one of the sponsors of this important report on the quantum of buildings in Europe, their energy performance and regulatory measures in force. It also contains scenarios that demonstrate the financial and societal costs and benefits of various pathways for the renovation of Europe’s building stock up to 2050.
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Well-designed financial and fiscal programmes for energy efficiency improvement projects in buildings have a cost-effectiveness to governments of around €20-25/tonne of carbon emissions mitigated, which is lower than virtually all alternative non-traded carbon abatement measures. That is the conclusion of this research report from EuroACE which looked at over 100 instruments currently in place across the EU representing tens of billions of Euros of investment in energy efficiency.
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EuroACE has released a working paper on the existing financial and fiscal incentive programmes for sustainable energy in buildings in the different EU Member States. The survey reflects the wide-range of measures that can be deployed to incentivise energy efficiency investment in buildings, as well as the great potential for information exchange and sharing of best practice within the EU.
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This study, initiated by EuroACE, concludes that moving towards a very low energy level for new buildings at a faster pace will transform the renovation market by raising overall standards.The survey used data collected from five Member States (Denmark, France, Germany, the Netherlands and the United Kingdom) to calculate the savings potential of their current plans to move towards very low energy in new constructions.
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The results of the survey initiated by the European Alliance of Companies for Energy Efficiency in Buildings (EuroACE) demonstrate that the time is ripe for the European Commission to introduce mandatory requirements for EU Member States to establish a political timetable to make very low energy homes the default standard.
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Under the Energy End-use Efficiency and Energy Services Directive, EU Member States need to submit energy efficiency action plans to the European Commission in June this year. EuroACE, through a consultative process with national officials, have developed a flexible template proposal for these plans, focusing on the buildings sector.
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Buildings account for more than 40% of the overall energy consumption in the European Union, and there is a vast potential for energy efficiency improvements. Investments in energy efficiency deliver a significant advantage to society, and contribute directly to the Cohesion policy’s goals to strengthen synergies between environmental protection and growth, and to address the intensive use of traditional energy sources. Energy efficiency projects are typically characterised by a low financial risk and a good cash flow, but the common situation of the borrower provides a challenge for the financing of the projects.
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Some 36 million European households are in high-rise residences, one in six of all households, and yet many of the buildings are in urgent need of refurbishment. This study, which is one in a series being conducted on behalf of the International Energy Agency addressing the energy performance of the existing IEA-wide building stock, identifies a Europe-wide cost-effective energy saving potential of 28% from energy-efficient refurbishment of the high-rise residential building stock.
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Both policy development and implementation are helped by many government actors at the national, regional and international levels. These ministries, energy agencies and other institutions play an increasingly major role in ensuring that energy efficiency in buildings is promoted as effectively as possible. Conclusions and Recommendations There are several conclusions and recommendations that derive from this report. There is much to commend in Europe but there is also a need to avoid self-satisfaction. There are difficult tasks ahead and priority has to be given for the long term, not just until directives are finally set in motion at the national and regional levels.
Download latest version with updated annexes July 2005 (PDF - 357KB)
Previous versions: February 2005 (PDF -418KB) - June 2004 (PDF - 406KB)
The model calculations conducted in the course of this study confirmed that the European Directive on Energy Performance of Buildings will have a significant effect on the CO2 emissions by reducing the heating energy demand of buildings. The main contributor to the total of 725 Mt/a of CO2 emissions from the EU building stock in 2002 is the residential sector (77%) while the remaining 23% originates from non-residential buildings. In the residential sector, single-family houses represent the largest group responsible for 60% of the total CO2 emissions equivalent to 435 Mt/a.
The basis for the analysis is the ECOFYS energy model of the European building stock, which was originally developed to investigate the general contribution of thermal insulation to Energy Saving and Climate protection in Europe.
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