Download European Roundtable Financing Energy Efficiency in European


Financing energy efficiency in
European buildings
EUROPEAN
COMMISSION
European Commission
Philip Lowe, Director General, DG ENER
European Roundtable – Concert Noble
Brussels, 16 November 2010
The 20-20-20 EU policy
by 2020
100%
-20%
-20%
+20%
Greenhouse
gas levels
Energy
consumption
Renewables in
energy mix
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 Multiple needs for action
 Face climate change
 Face economic crisis
 Care for affordability
 Care for security
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 New strategies on EU level
Energy efficiency is key priority on EU level

“Energy 2020”
European Strategy for Energy

New Energy Efficiency Plan
European Strategy for Energy Efficiency

Energy Efficiency for European buildings:
Part of the new EEP

Key date: 04 Feb 2011: EU summit on Energy
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 New Energy Efficiency Plan (EEP)
New policy concepts in the EEP:

reach our 20% saving objective

mainstream energy efficiency in all relevant policy
areas

build up commitment towards further energy
efficiency up to and beyond 2020

EEP will address energy saving potential in all
sectors (Energy sector, Buildings, Transport,
Industry etc.)
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 EPBD: legislation on EE for buildings
Buildings use ~40 % of EU’s energy
Buildings responsible for ~36% of CO2-emissions

Cost-effective energy savings potential: ~30% in
2020

EPBD: All MS declared full transposition
Crucial: Practical implementation of EPBD

Problem: Existing building stock
Recast of EPBD: 1000m2-threshold abolished:
EU building stock now completely touched
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 EPBD: legislation on EE for buildings
Energy Performance
Certificate
Energy
Class A
Energy
Class A

Value of buildings:
good performing >>> bad performing
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 How to boost large scale retrofit?
Higher renovation rates of the existing building
stock would speed up the process
Barriers:

high upfront investment costs for renovations

low level of professional training

lack of information
Possible answers:

financial support

targeted technical assistance
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 EU funds EE for buildings
Existing EU Funds financing EE for buildings:
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EU Cohesion Policy Fund
“ELENA” - Commission in cooperation with EIB
EEPR funds
ICT Policy Support Programme 2010
Seventh Research Framework Programme
2020 European Fund for Energy, Climate Change
and Infrastructure
EBRD funds
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 Learn from examples
European Structural and Cohesion funds
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Budget (2007-2013): EUR 308 billion (35,7% of
total EU budget)
Purpose: support of regional growth and job
creation
e.g. ERDF: up to 4% of total ERDF could be used
on Energy Efficiency and renewable energy in
existing housing
Problem: Only small percentage (<20%) is being
used by MS for Energy Efficiency measures
Question: Why do MS not use these existing
possibilities for renovation? Doesn’t EU
encourage MS enough?
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 Learn from examples
“ELENA” (European Local Energy Assistance)
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Budget: EUR 15 million/a
Purpose: support of local and regional authorities
Success: leverage effect could be produced
(EUR 2 Million ELENA grant, mobilizing ~EUR
500 Million in investments)
Problem: large-scale EE/RES-programmes
needed
Question: How to find scaleable and replicable
investment models?
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 EU funds on EE to be developed
EEPR – “unspent funds”
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Budget: ~ EUR 146 million
new fund out of the unspent money of the EEPR
Purpose: make projects on Energy Efficiency and
Renewable Energy projects bankable
Problem: How to tackle the upfront investments
Question: Given the stretched budgetary situation
of many municipalities, could it be a possibility to
support also Public Private Partnerships (e.g.
Energy Performance Contracting)
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 What could help to speed up?
Statements to be discussed:
•
Should public sector lead by example in the field
of Energy Efficiency on buildings?
•
Is it a lack of information/guidance that MS are
not sufficiently investing in Energy Efficiency
though it is a cost-effective way to mitigate
climate change and create new jobs?
•
Should the EU play a stronger role by promoting
the EU funds financing EE for buildings?
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Thank you!
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