Briefings - Speeding Up the Delivery for Renovation

The Renovate Europe Campaign alongside E3G and the support of our national partners publishes two briefings on “Speeding Up the Delivery for Renovation”. One on “Investing in Skills” and a second on “Investing and Advisory Services and One-Stop-Shops”.


Giving a new home to the C4E Forum

Brussels, 27th of April 2022

It is a pleasure to announce that the Renovate Europe Campaign (REC) has given a new home to the C4E Forum (Central and Eastern European Energy Efficiency Forum).

Reducing the EU’s reliance on Russian fossil fuel imports has become an urgent energy security priority and most of the Central and Eastern European (CEE) countries are at the frontline of this energy crisis. In this context, the C4E Forum will serve as a key platform that will support stakeholders in the region to boost energy renovation measures and cut energy waste in buildings.

The C4E Forum was first conceived between the European Climate Foundation (ECF) and Chance for Buildings (C4B), the REC national partner from Czechia. It is an event that takes place every two years in a country in the CEE region and, to date, it has been hosted in Bulgaria, Poland and Romania. For each event, a local partner was identified to co-organise the C4E Forum supported by the ECF and C4B.

Since 2016, over the three occasions of the C4E Forum, it has proven to have a strong presence, credibility, and reputation in the CEE region. “It has provided a valuable platform where ministry officials, civil society, industry and all the energy efficiency community can exchange useful practical information, network in an informal setting and collaborate on energy efficiency initiatives,” commented Renée Bruel, European Climate Foundation. “What makes the C4E Forum unique is its focus on sharing best practices and practical examples, and fostering the creation of a vibrant energy efficient community in the CEE region,” said Ondřej Šrámek, Chance for Buildings.

“We are proud to bring the C4E Forum into the heart of Renovate Europe with its 49 EU and national partners. Giving a home to the C4E Forum is providing us with the opportunity to further build up and breath fresh life into this initiative,” said Adrian Joyce, Director of the Renovate Europe Campaign.

In this regard, Renovate Europe will identify synergies between the C4E Forum and the REC, and undertake communication and other actions between the main in-person events. By ensuring a continuous presence in-between the bi-annual events, the REC aims to maintain close engagement with the energy efficiency community, and raise the visibility and prominence of the C4E Forum.

In the coming weeks and months, the REC will announce the location of the next C4E Forum taking place in 2023 and provide information about further initiatives to engage with stakeholders from the CEE region.

You can follow the latest news on the activities of the C4E Forum by following its specific pages on Twitter and LinkedIn, and by visiting its website.

ENDS


REPowerEU: REC proposes immediate actions on energy renovation

REPowerEU – Energy Security and Resilience through Renovation

The EU must rapidly reduce its dependence on Russian fossil fuels, and Europe’s leaky buildings are in the spotlight. With buildings accounting for the largest share of final energy consumption, at a high of 40% of energy demand, reducing the energy demand of the building stock in the EU has never been so important.

In this context, last March 8, the European Commission made public its communication “REPowerEU: Joint European action for more affordable, secure and sustainable energy”.

So far, the communication misses the potential for energy savings in buildings. Demand-side measures are highly undervalued in favour of short-term supply driven actions which will lead to stranded assets and damage the overall EU Green Deal and Fit-for-55 ambition. This gap must be rectified by proposing concrete bold measures to stop energy waste in buildings in the REPowerEU Action Plan to be published in May.

For such reason the REC office has prepared a briefing the various opportunities that renovation offers to protect energy poor households and deliver real change to people’s lives by reducing energy demand and therefore citizen’s energy bills, while also keeping an eye on the longer-term objectives of lowering GHG emissions in line with EU Green Deal and climate neutrality goals.

More specifically we have come up with a set of immediate actions to stop energy waste in buildings needed for the REPowerEU Action Plan to be published in May:

  • 1. Make Energy Efficiency an energy security priority
    • Establish a Delivery Taskforce for Energy Savings
    • Increase the ambition and fast-track key measures from the Fit-for-55 legislative package
  • 2. Help Member States go faster and further on energy renovation with EU-level financial and technical support:
    • Launch an Energy Savings Facility to accelerate MFF investment in renovation
    • Front-load and maximise RRF investments on energy renovation to their full potential
    • Open a specific DG REFORM Technical Support Call for energy renovation
    • Ensure the new EU Fiscal Framework supports energy renovation
    • Facilitate private sector mobilisation via higher Taxonomy Requirements for buildings
  • 3. Ensure concerted action on Capacity & Delivery by launching an EU-level ‘Renovation Sector Compact’
    • Map existing and potential capacity to address bottlenecks in the renovation market, workforce, and supply chains
    • Help to modernise the construction sector and upskill its workforce by coordinating a 2022 Renovation Summer School

Read our full briefing here.


Briefing 3/2020: Financing Deep Energy Renovation: The Roles Of Policy Action, Public-Private Partnerships And Financial Tools For Private Dwellings

As part of the final month of the #GreenDeal4Buildings campaign, Renovate Europe has produced two complementary briefings looking at the issue of financing deep energy renovation. While this briefing focuses on the need for strong policy, the potential of public-private partnerships, and the particular challenges of financing renovation in the residential sector, a complementary briefing examines ways to leverage funds through the Just Transition Mechanism and carbon revenues.

Within the EU context and existing 2030 energy savings targets, Renovate Europe notes an annual investment gap of €130-200bn. Some 80% of the investment is needed on the demand side, of which 71% must be directed to the residential sector, which is noted as being particularly challenging because the need for both action and financing is extremely granular.

Over the longer term – i.e. to 2050 – boosting the energy renovation rate to 3% annually would achieve the ambitious goal of reducing energy demand in buildings by 80% while drastically cutting carbon dioxide (CO2) emissions. In turn, this would cut total EU energy demand by 30%, reduce energy bills for all consumers, enhance productivity and increase property value and rentals. Such benefits could boost GDP by 0.7% annually; in 2020 alone, that would equal €39bn in additional public finances.

Renovate Europe calls upon EU institutions to ensure that the European Green Deal creates the ecosystem for deep energy renovation, including establishing stability that will eliminate the current ‘stop-go’ dynamic that erodes investor confidence. This includes making energy efficiency a top priority and planning beyond short-term measures.

You can read the briefing in full here.

 


Briefing 2/2020: Financing Deep Energy Renovation: Leveraging The Just Transition Mechanism And Carbon Revenues

As part of the final month of the #GreenDeal4Buildings campaign, Renovate Europe has produced two complementary briefings looking at the issue of financing deep energy renovation. This briefing focuses on leveraging funds through the Just Transition Mechanism and carbon revenues, and a complementary briefing examines the need for strong policy, the potential of public-private partnerships, and the particular challenges of financing renovation in the residential sector.

Calculating the actual cost of renovating 97% of the existing building stock in the EU is no easy task. Various methodologies have been applied, each being met with both applause and critiques. Generally, a realistic number seems to be in excess of €300bn per year for the next 30 years. To drive that number home, it’s helpful to think of this way: ~€1 bn per day, every day until 2050.

While that is a lot, it is worth noting that the International Energy Agency estimates that aggressively implementing energy efficiency on a global scale could – by slashing energy bills, reducing energy imports and alleviating energy poverty – deliver benefits of €500bn per year.

Within the EU context and existing 2030 energy savings targets, Renovate Europe notes an annual investment gap of €130-200bn. Some 80% of the investment is needed on the demand side, of which 71% must be directed to the residential sector. Over the longer-term – i.e. to 2050 – boosting the energy renovation rate to 3% annually would achieve the ambitious goal of reducing energy demand in buildings by 80% while drastically cutting carbon dioxide (CO2) emissions. In turn, this would cut total EU energy demand by 30%, reduce energy bills for all consumers, enhance productivity and increase property value and rentals. Such benefits could boost GDP by 0.7% annually; in 2020 alone, that would equal €39bn in additional public finances.

Renovate Europe calls upon EU institutions to ensure that the European Green Deal creates the ecosystem for deep energy renovation, including establishing stability that will eliminate the current ‘stop-go’ dynamic that erodes investor confidence. This includes making energy efficiency a top priority and planning beyond short-term measures.

You can read the full briefing here.


Briefing 1/2020: Proof of how buildings renovation can help meet the European Green Deal

During its first 100 days in office, the Renovate Europe Campaign will be tracking the development of the EUGreenDeal – and proving why it must include a strategy for deep energy renovation of the building stock in the EU. We’re launching a social media campaign to call for an ambitious GreenDeal4Buildings. The new European Commission have now been in office for over a month, and so are one-third of the way into their first 100 days as a Commission, at the end of which a number of pieces of legislation should be proposed. On December 11, 2019, a communication on the European Green Deal was published.

Launched as “the EU’s Man on the Moon moment”, the European Green Deal is massively ambitious in scope and scale. While we appreciate the breadth of its eight “deeply transformative policies” and are pleased to see these backed up with a Roadmap of 50 related measures, Renovate Europe finds that the vital and underpinning roles of energy efficiency and building renovations are not fully considered. This, the second article published as part of the Renovate Europe 100 Day Campaign, offers a sampling of projects already undertaken to show that it is technically possible and financially feasible to dramatically reduce the energy demand of EU buildings – by up to 80% on average. This article is not only proof of what is possible today but demonstrates the value of building renovation as a means to help achieve the goals of the European Green Deal.

The article can be read in full here.

Keep up to date with the #GreenDeal4Buildings campaign via the Renovate Europe Twitter & LinkedIn.