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European Commission Philip Lowe, Director General, DG ENER European Roundtable – Concert Noble Brussels, 16 November 201

. Financing energy efficiency in European buildings. European Commission Philip Lowe, Director General, DG ENER European Roundtable – Concert Noble Brussels, 16 November 2010. EUROPEAN COMMISSION. The 20-20-20 EU policy by 2020. 100%. -20%. -20%. +20%. Greenhouse gas levels.

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European Commission Philip Lowe, Director General, DG ENER European Roundtable – Concert Noble Brussels, 16 November 201

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  1. Financing energy efficiency in European buildings European Commission Philip Lowe, Director General, DG ENER European Roundtable – Concert Noble Brussels, 16 November 2010 EUROPEANCOMMISSION

  2. The 20-20-20 EU policyby 2020 100% -20% -20% +20% Greenhousegas levels Energyconsumption Renewablesinenergy mix 2/14

  3. Multiple needs for action • Face climate change • Face economic crisis • Care for affordability • Care for security 3/14

  4. 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 4/14

  5. 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.) 5/14

  6. 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 6/14

  7. Energy Class A Energy Class A  EPBD: legislation on EE for buildings Energy Performance Certificate • Value of buildings: good performing >>> bad performing 7/14

  8. 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 8/14

  9. EU funds EE for buildings Existing EU Funds financing EE for buildings: • 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 9/14

  10. Learn from examples European Structural and Cohesion funds • 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? 10/14

  11. Learn from examples “ELENA” (European Local Energy Assistance) • 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? 11/14

  12. EU funds on EE to be developed EEPR – “unspent funds” • 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) 12/14

  13. 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? 13/14

  14. Thank you! 14/14

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