The “Clean Energy for All Europeans” package confirms the pivotal role of the EU building stock in meeting EU 2030 climate and energy targets. In fact, the projected decarbonisation of the EU energy system is mainly based on the renovation of existing buildings and the increased penetration of renewable energies in heating, cooling and power generation.
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.
Energy transition of the EU building stock, from being an energy waster to being highly energy efficient and an energy producer, is a prerequisite for Europe’s carbon neutrality, as well as for meeting Europe’s Sustainable Development Goals (SDGs). Achieving these targets requires shifting the emerging energy renovation market from a market of step-by-step and shallow energy renovation financed by grants to a market of industrialized and holistic energy renovation leading to zero energy buildings financed by long-term loans.