SlideShare a Scribd company logo
1 of 21
Download to read offline
IEA workshop

The use of economic instruments
to renovate Europe



Bogdan ATANASIU
Buildings Performance Institute Europe
Bogdan.atanasiu@bpie.eu
Economic instruments to renovate Europe


                                          Summary:
                                          - Main barriers for increasing energy
                                            efficiency in the EU buildings
                                          - The EU framework: policies and funding
                                          - Economic instruments within MSs
                                          - Best practice: few examples
                                          - Conclusions




               Available at www.bpie.eu
                                                  Soon at www.bpie.eu
IEA workshop, 18 Nov 2011
Economic instruments to renovate Europe




Identified barriers for energy efficiency in buildings
  Barriers




IEA workshop, 18 Nov 2011
Economic instruments to renovate Europe




EU legislation on EE & RES in buildings


             - Energy end-use efficiency and energy services Directive (2006/32/EC, under recast
 Overarching into Energy Efficiency Directive - merge with the CHP Directive)
             - CHP Directive (2004/8/EC)



                            - Energy performance of buildings Directive (recast 2010/31/EU, 2002/91/EC)
        Buildings           - Renewable energy Directive (2009/28/EC, repealing Directive 2001/77/EC)
                            - Construction products regulation



                      - Ecodesign Framework Directive (recast 2009/125/EC, 2005/32/EC)
   Products           - Energy Labelling Framework Directive (recast 2010/31/EU)
                      - Energy Star EU-US agreement for labelling the office equipment




IEA workshop, 18 Nov 2011
Economic instruments to renovate Europe



   Instruments for Energy Efficiency in buildings in the EU
– Energy tax (at EU and national level)
– Taxation (reduced VAT, accelerated depreciation, tax deductions);
– Incentives and financing for energy efficiency investments (national)
– Public procurement;
– White certificates/Energy savings obligations (national level);
– Promotion of energy services (ESCOs) (national action, but not enough!)
– Energy Audits (at national level)
– Demand side management (not many, at national/regional)
– Minimum Efficiency Requirements-MEPS (at EU level)
– Buildings Codes/standards (at national level but also driven by EPBD)
– Buildings certification and equipment Labelling (national and EU level)
– Voluntary programmes (mainly in the industrial sector at national level,
but also for equipment at EU level)
– Information/awareness (mainly national)



   IEA workshop, 18 Nov 2011
Economic instruments to renovate Europe




EU and carbon financing for energy efficiency in buildings
                              EU Financing                                           Carbon financing
      Structural Funds                      EIB-EIF Loans
                                         European Local ENergy                     AAU trade under Kyoto and
          2007-2013                        Assistance - ELENA                             GIS schemes
        € 347bn. out of               -technical assistance facility               – some countries use it for
             which:                     -min leverage factor: 25                    financing EE in buildings
          € 9,4bn en.             JESSICA: Sustainable development
            eff.&RES                                                               EU ETS Phase 3 (2013-2020)
                                            for urban areas                        – up to € 300mn allowances
         € 86bn R&D,                 JEREMIE: Improved access to                    for demo CCS and RES but
        € 27,4bn SMEs,              finance for micro business and                    there are initiatives for
                                        SMEs in the EU regions                           including also EE
           € 105,3bn
         environment,
                                  European Energy Efficiency Fund (EEE-F)
       € 48,1bn climate
                                   - 3,7% of the EEPR/ € 275 mn in total
             change
                                        - -DB (De), EIP, CDP (It)


  IEA workshop, 18 Nov 2011
Economic instruments to renovate Europe


EU Funds allocations to energy Sector as % of total per MS
2007-2013




  Source: Maud SKÄRINGER, DG Regio: ‘Cohesion Policy support for Sustainable Energy 2007-2013. Energy efficiency investments in
  buildings’ , September 2011, Délégation Conseil National de l’Habitat




  IEA workshop, 18 Nov 2011
Economic instruments to renovate Europe




Economic instruments for EE in buildings within the EU MSs
• About 333 national schemes have been screened
• Wide range of economic instruments (not comprehensive):
                                                -Grants
                                               -Subsidies
                                                 -Funds
                                   Energy                     Preferential
                                   audits                        loans


                                               Financial
                                                                     Tax & VAT
                              Levies        instruments              incentives
                                              in Europe
                                                              Penalties &
                                  TPF/ESCO                       min.
                                                              requirement
                                                 White
                                               certificates
  IEA workshop, 18 Nov 2011
Economic instruments to renovate Europe

Financial instruments for EE in buildings




                              • Most of the schemes:
                                  • Grants, subsidies
                                  • Preferential loans
                                  • Tax incentives and levies

                              • White certificates schemes in
                                UK, France, Italy, Belgium-
                                Flanders and Denmark

                              • ESCO/TPF and audits for
                                buildings are less used



IEA workshop, 18 Nov 2011
Economic instruments to renovate Europe




   Few examples of financing schemes for
   energy efficiency in buildings in the EU




IEA workshop, 18 Nov 2011
Economic instruments to renovate Europe




     Ex. 1: White certificates / Energy savings obligations (1)
Country       Obligation for                         Eligible customers                        Current size of                       Estimated annual
                                                                                               obligation                            expenditure (euro/capita)
Be (Fl)       Electricity                            residential and non                       0,6TWh annual                         26 mn Euro (4)
              distributors                           energy intensive
                                                     industry and service

Fr            All energy suppliers All (including                                              54 TWh over 3 yrs                     180 mn Euro (3)
                                   transport)
                                   except EU ETS
It            Electricity&gas      All including                                               2,2 Mtoe in 2008                      190 mn Euro (3)
              distributors         transport
UK            Electricity&gas      Residential only                                            185 MtCO2 3 yrs                       900 mn Euro (15)
              suppliers                                                                        to 2011
Dk            Electricity,gas &    All except transport                                        0,82TWh annual                        25 mn Euro (5)
              heat distributors    or covered by EU ETS


           Source: Eoin Lees, eceee: ‘Experience of EU Energy Efficiency Obligations – Diverse but Delivering’, 30 Sept 2011, Bucharest Forum



     IEA workshop, 18 Nov 2011
Economic instruments to renovate Europe




Ex. 1: White certificates / Energy savings obligations (2)

                                                                                                                                           % in total
                                                                                                                                           scheme savings
                                                                                                                                           58%

                                                                                                                                           42%

                                                                                                                                           87%

                                                                                                                                           100%




      Source: Eoin Lees, eceee: ‘Experience of EU Energy Efficiency Obligations – Diverse but Delivering’, 30 Sept 2011, Bucharest Forum



IEA workshop, 18 Nov 2011
Economic instruments to renovate Europe
        Ex 2: Germany’s KfW loans
        • Promotional loans for both for new and existing buildings
             New buildings                                                                 Existing buildings
             max. 50.000 EUR per housing unit                                              max. 75.000 EUR per housing unit
                              KfW-Efficiency House standard (KfW-100, 94-55kWh/m2/yr)
                                                                 partial debt relief possible
             -three promotional stages                                       -grants as an alternative for owners of single
                                                                             and two family houses
                                                                             -additional special support available
                                         Higher energy efficiency means better conditions

   Results by 2009:                                                                                             Lesson learned:
    Subsidies for aprox. 3,1 mn homes                                                                           Open to all investor groups
    CO2 reduction of 3,9 m tons per yr.                                                                         Focus on long term loans
    Aprox. 200.000 jobs/year                                                                                    A brand for energy efficiency
    Cumulative savings (heating costs): 950 mn euros                                                            Higher energy efficiency is rewarded
    2009: 10,6 bn Euro en eff and 6,3 bn Euro RES                                                               Distributional network and Funding
Source: Gudrun Gumb, KfW: ‘Supporting the energy efficient rehabilitation of the building stock – The German experience’, November 2010, BPIE Roundtable


           IEA workshop, 18 Nov 2011
Economic instruments to renovate Europe

       Ex 3: Estonia - Revolving fund for housing
          • Switch from grants (2003-2007)
          to a revolving fund

          • KredEx (Credit and Export Guarantee Fund of
          the State) supports this

          • Why revolving fund?
             o Opportunity for re-usage of the funds
             o Loan is needed for reconstruction anyway
             o Easier to administrate,
               lower administrative costs
             o End-beneficiary is used to take loan
             o Innovative scheme, help from KfW

          • 03/2011: 231 contracts with multi-apartment
            buildings, total €18,4 million (average €81100,
            saving 33%)
Source: Mirja Adler, KredEx: ‘Revolving Fund with EU Structural Funds for energy efficiency in multi-apartment buildings in Estonia’, JRC workshop, Istanbul 2009
         IEA workshop, 18 Nov 2011
Economic instruments to renovate Europe

    Ex 3: Estonia - Revolving fund for housing




                                       State grant from KredEx for:
                                       – energy audit – 50%, max € 640
                                       – technical inspection – 50%, max € 640
                                       – Building design documents - 50%, max € 3195

•     To save at least 20% of energy in buildings up to 2000 m²
•     To save at least 30% of energy in buildings more than 2000 m²
•     Self-financing 15% (includes works from 01.01.2008)
•     Energy audit is obligatory
•     Renovation according to energy audit (by priorities)
•     Loan period: up to 20 years
•     Interest rate: up to 4,8% (first tranche) fixed 10 years
    IEA workshop, 18 Nov 2011
Economic instruments to renovate Europe

       Ex 4: Czech Republic - Green Savings Programme (GIS)
    • Financed from the trade of the Assigned Amount Units (AAU) under Kyoto ETS.
    • Aprox € 800 mn, by 30 June 2012
    • By 2010: 72000 applications for subsidies (of which 6000 housing
      blocks/168000 flats)
           Measure                                                                                                                  Subsidy
           A.1 Complex insulation (decrease of the need of energy for heating by - at least - 40%)
           Complex insulation (specific heat requirement) <30 kWh.m-2a-1)                                                58 EUR /per m2
           Complex insulation (specific heat requirement) <55 kWh.m-2a-1)                                                40 EUR /per m2
           A.2 Partial thermal insulation
           Partial thermal insulation– (decrease of the need of energy for heating                                       23 EUR /per m2
           by - at least 30%)
           Partial thermal insulation- (decrease of the need of energy for heating by                                    17 EUR /per m2
           - at least - 20%)
           B Construction in the passive energy standard
           block of flats in the passive energy standard                                                                 5770 EUR / per unit
           C Use of renewable energy sources for heating and hot water preparation
           Sources of biomass                                                                                            Max. 960 EUR / per unit
           Installation of low-emission biomass-fired sources and efficient heat                                         Max. 770 EUR / per unit
           pumps in new buildings
           Installation of solar-thermal collectors for the preparation of hot water                                     Max. 960 EUR / per unit
Source: Vit Vanicek, CECODHAS: ‘Green Savings Programme. Using ETS (AAU in Czech Republic) funds for building renovation, BPIE Roundtable, March 2011, Bucharest


         IEA workshop, 18 Nov 2011
Economic instruments to renovate Europe
  Conclusion 1: Lesson learned
• Varied financing instruments and policies among the EU MSs

• Ambition level is imposed by country’s specific conditions such as:
   • Perceived importance of energy efficiency
   • Country’s economic potential (purchase power, existence of related
     industry)
   • Ability to address and integrate the existing financing opportunities
   • Ability to integrate the macro-economic benefits (job creation, tax
     rebates, indirect benefits of en eff. etc.)
   • Ability to introduce tailored policies and measures (on building and
     people categories)
   • Maturity of energy efficiency market (ESCOs, willingness of banks,
     accompanied measures such as training for professionals,
     awareness and information among all stakeholders etc)

   IEA workshop, 18 Nov 2011
Economic instruments to renovate Europe

  Conclusion 2: We have to do more
• However, the actual efforts are far behind the savings potential. The EU MSs
  will fall short on 2020 target of 20% energy savings (est. indicate up to 10%)!

• Reaching the EU 2050 climate and energy goals implies:
   • To renovate the existing building stock
   • To build at very high energy performance standards
      (BPIE nZEB study launched last week, soon on the website)

• Need to reduce/eliminate the actual barriers

• Need for more and innovative financing

• Need for more holistic policies with tailored measures & financing, awareness
  and information, training and education of professionals, RTD support

• Implementation is a key issue!
   IEA workshop, 18 Nov 2011
Economic instruments to renovate Europe

 Conclusion 2’: Proper renovation and market upscale
                                      Renovation speed and depth make the difference!




                                                1,4% Rate, sub-standard retrofit
                                                1,4% Rate, exemplary retrofit
                                                2,0% Rate, sub-standard retrofit
                                                2,0% Rate, exemplary retrofit
                                                3,0% Rate, sub-standard retrofit
                                                3,0% Rate, exemplary retrofit




Market development and capacity building needed!
                                  Required           Current market
               Technology
                                growth factor             size
Insulation materials                2-3              2,010 Mio Euro
Ventilation systems with heat
                                    8-10               130,000 units
recovery
Triple glazed windows               >10                1,500,000 m²
Heat pumps                          2-3                185,000 units
Pellet boilers                      2-3                 43,000 units
Solar thermal systems               2-3                3,700,000 m²
   IEA workshop, 18 Nov 2011
Economic instruments to renovate Europe

Conclusion 3: Key recommendations in BPIE study
At the EU level:
• Renovation roadmap with binding milestones and measures
• EU Deep Renovation Fund (EIB)
• Minimum requirements for allocation the EU Funds on buildings
• Guidance to the MSs for setting policies and financing
• Training and education roadmaps
• RTD support for new technologies

At MSs level:
• Predictable policies and measures (national roadmaps)
• Gradual tightening of building codes and standards by 2020
• Better financing and market conditions
• Increase awareness and confidence of consumers and investors
• Involvement of all stakeholders in developing policies
• Training and education
• RTD support
IEA workshop, 18 Nov 2011
Buildings Performance Institute Europe
                                               Thank you!
• Started to operate in February 2010
• Non-profit association based in Brussels
• Founding partners: European Climate          www.bpie.eu
  Foundation, ClimateWorks (US) and eceee
• Focus on energy efficiency in buildings
  throughout Europe
• Centre of technical expertise in buildings
• European Partner of Global Building
  Performance Network
• Targeted research, policy analysis &
  evaluation, support policy implementation,
  dissemination of information

More Related Content

What's hot

Arnulf knorr
Arnulf knorrArnulf knorr
Arnulf knorrRCREEE
 
Day 1-session 2 German Experience in Developing and Implementing National Ene...
Day 1-session 2 German Experience in Developing and Implementing National Ene...Day 1-session 2 German Experience in Developing and Implementing National Ene...
Day 1-session 2 German Experience in Developing and Implementing National Ene...RCREEE
 
Webinar - Support Schemes for Renewable Energy Development and Grid Development
Webinar - Support Schemes for Renewable Energy Development and Grid DevelopmentWebinar - Support Schemes for Renewable Energy Development and Grid Development
Webinar - Support Schemes for Renewable Energy Development and Grid DevelopmentLeonardo ENERGY
 
Buildings Energy Efficiency Policies: The European Policy package
Buildings Energy Efficiency Policies: The European Policy packageBuildings Energy Efficiency Policies: The European Policy package
Buildings Energy Efficiency Policies: The European Policy packageInternational Energy Agency
 
Session3 renewables financing in mena the perspective of a development bank-a...
Session3 renewables financing in mena the perspective of a development bank-a...Session3 renewables financing in mena the perspective of a development bank-a...
Session3 renewables financing in mena the perspective of a development bank-a...RCREEE
 
Energy services in the netherlands
Energy services in the netherlandsEnergy services in the netherlands
Energy services in the netherlandsJoost van Barneveld
 
Sales of Spanish green certificates in the EU
Sales of Spanish green certificates in the EUSales of Spanish green certificates in the EU
Sales of Spanish green certificates in the EUAlejo Etchart Ortiz
 
Arab ee guidline session 6 5effectiveness tests for ee measures plans
Arab ee guidline session 6 5effectiveness tests for ee measures plansArab ee guidline session 6 5effectiveness tests for ee measures plans
Arab ee guidline session 6 5effectiveness tests for ee measures plansRCREEE
 
7 andreas tuerk better_zagreb_09_12 10h03
7 andreas tuerk  better_zagreb_09_12 10h037 andreas tuerk  better_zagreb_09_12 10h03
7 andreas tuerk better_zagreb_09_12 10h03UNDPhr
 
Cost effectiveness of cohesion policy investments in energy efficiency
Cost effectiveness of cohesion policy investments in energy efficiencyCost effectiveness of cohesion policy investments in energy efficiency
Cost effectiveness of cohesion policy investments in energy efficiencyMARIE Project
 
Day 2Energy Efficiency Policy Assessment: Case studies from the region
Day  2Energy Efficiency Policy Assessment: Case studies from the region Day  2Energy Efficiency Policy Assessment: Case studies from the region
Day 2Energy Efficiency Policy Assessment: Case studies from the region RCREEE
 
Course on Regulation and Sustainable Energy in Developing Countries - Session 9
Course on Regulation and Sustainable Energy in Developing Countries - Session 9Course on Regulation and Sustainable Energy in Developing Countries - Session 9
Course on Regulation and Sustainable Energy in Developing Countries - Session 9Leonardo ENERGY
 
Financial instruments for energy efficiency in housing
Financial instruments for energy efficiency in housingFinancial instruments for energy efficiency in housing
Financial instruments for energy efficiency in housingAxelVolkery
 
Course on Regulation and Sustainable Energy in Developing Countries - Session 10
Course on Regulation and Sustainable Energy in Developing Countries - Session 10Course on Regulation and Sustainable Energy in Developing Countries - Session 10
Course on Regulation and Sustainable Energy in Developing Countries - Session 10Leonardo ENERGY
 
Þróunarsjóður EFTA - Óttar Freyr Gíslason
Þróunarsjóður EFTA - Óttar Freyr GíslasonÞróunarsjóður EFTA - Óttar Freyr Gíslason
Þróunarsjóður EFTA - Óttar Freyr GíslasonEnterprise Europe Network
 
Basque Country Energy Cluster
Basque Country Energy ClusterBasque Country Energy Cluster
Basque Country Energy ClusterTR3S PROJECT
 
Day2- session 3Five Tests for DSM Cost Effectiveness
Day2- session 3Five Tests for DSM Cost Effectiveness Day2- session 3Five Tests for DSM Cost Effectiveness
Day2- session 3Five Tests for DSM Cost Effectiveness RCREEE
 
Business models for energy efficiency in buildings
Business models for energy efficiency in buildingsBusiness models for energy efficiency in buildings
Business models for energy efficiency in buildingsDario Di Santo
 

What's hot (20)

Arnulf knorr
Arnulf knorrArnulf knorr
Arnulf knorr
 
Day 1-session 2 German Experience in Developing and Implementing National Ene...
Day 1-session 2 German Experience in Developing and Implementing National Ene...Day 1-session 2 German Experience in Developing and Implementing National Ene...
Day 1-session 2 German Experience in Developing and Implementing National Ene...
 
Webinar - Support Schemes for Renewable Energy Development and Grid Development
Webinar - Support Schemes for Renewable Energy Development and Grid DevelopmentWebinar - Support Schemes for Renewable Energy Development and Grid Development
Webinar - Support Schemes for Renewable Energy Development and Grid Development
 
Buildings Energy Efficiency Policies: The European Policy package
Buildings Energy Efficiency Policies: The European Policy packageBuildings Energy Efficiency Policies: The European Policy package
Buildings Energy Efficiency Policies: The European Policy package
 
Session3 renewables financing in mena the perspective of a development bank-a...
Session3 renewables financing in mena the perspective of a development bank-a...Session3 renewables financing in mena the perspective of a development bank-a...
Session3 renewables financing in mena the perspective of a development bank-a...
 
Energy services in the netherlands
Energy services in the netherlandsEnergy services in the netherlands
Energy services in the netherlands
 
Sales of Spanish green certificates in the EU
Sales of Spanish green certificates in the EUSales of Spanish green certificates in the EU
Sales of Spanish green certificates in the EU
 
SEAP Guidebook
SEAP GuidebookSEAP Guidebook
SEAP Guidebook
 
Arab ee guidline session 6 5effectiveness tests for ee measures plans
Arab ee guidline session 6 5effectiveness tests for ee measures plansArab ee guidline session 6 5effectiveness tests for ee measures plans
Arab ee guidline session 6 5effectiveness tests for ee measures plans
 
7 andreas tuerk better_zagreb_09_12 10h03
7 andreas tuerk  better_zagreb_09_12 10h037 andreas tuerk  better_zagreb_09_12 10h03
7 andreas tuerk better_zagreb_09_12 10h03
 
Cost effectiveness of cohesion policy investments in energy efficiency
Cost effectiveness of cohesion policy investments in energy efficiencyCost effectiveness of cohesion policy investments in energy efficiency
Cost effectiveness of cohesion policy investments in energy efficiency
 
Day 2Energy Efficiency Policy Assessment: Case studies from the region
Day  2Energy Efficiency Policy Assessment: Case studies from the region Day  2Energy Efficiency Policy Assessment: Case studies from the region
Day 2Energy Efficiency Policy Assessment: Case studies from the region
 
Course on Regulation and Sustainable Energy in Developing Countries - Session 9
Course on Regulation and Sustainable Energy in Developing Countries - Session 9Course on Regulation and Sustainable Energy in Developing Countries - Session 9
Course on Regulation and Sustainable Energy in Developing Countries - Session 9
 
Financial instruments for energy efficiency in housing
Financial instruments for energy efficiency in housingFinancial instruments for energy efficiency in housing
Financial instruments for energy efficiency in housing
 
Course on Regulation and Sustainable Energy in Developing Countries - Session 10
Course on Regulation and Sustainable Energy in Developing Countries - Session 10Course on Regulation and Sustainable Energy in Developing Countries - Session 10
Course on Regulation and Sustainable Energy in Developing Countries - Session 10
 
Þróunarsjóður EFTA - Óttar Freyr Gíslason
Þróunarsjóður EFTA - Óttar Freyr GíslasonÞróunarsjóður EFTA - Óttar Freyr Gíslason
Þróunarsjóður EFTA - Óttar Freyr Gíslason
 
Basque Country Energy Cluster
Basque Country Energy ClusterBasque Country Energy Cluster
Basque Country Energy Cluster
 
Day2- session 3Five Tests for DSM Cost Effectiveness
Day2- session 3Five Tests for DSM Cost Effectiveness Day2- session 3Five Tests for DSM Cost Effectiveness
Day2- session 3Five Tests for DSM Cost Effectiveness
 
Eu sme centre esco webinar 2014 05-08
Eu sme centre esco webinar 2014 05-08Eu sme centre esco webinar 2014 05-08
Eu sme centre esco webinar 2014 05-08
 
Business models for energy efficiency in buildings
Business models for energy efficiency in buildingsBusiness models for energy efficiency in buildings
Business models for energy efficiency in buildings
 

Viewers also liked

Облачный документооборот — для предприятий любого масштаба
Облачный документооборот — для предприятий любого масштабаОблачный документооборот — для предприятий любого масштаба
Облачный документооборот — для предприятий любого масштабаDocsvision
 
Classical Evaluation Frameworks for Energy Efficiency Programs
Classical Evaluation Frameworks for Energy Efficiency ProgramsClassical Evaluation Frameworks for Energy Efficiency Programs
Classical Evaluation Frameworks for Energy Efficiency ProgramsInternational Energy Agency
 
Buildings Energy Labels in France: From Profusion to Confusion?
Buildings Energy Labels in France: From Profusion to Confusion?Buildings Energy Labels in France: From Profusion to Confusion?
Buildings Energy Labels in France: From Profusion to Confusion?International Energy Agency
 
The Global Economy & The State of the Gas Market
The Global Economy & The State of the Gas MarketThe Global Economy & The State of the Gas Market
The Global Economy & The State of the Gas MarketInternational Energy Agency
 

Viewers also liked (6)

Multiple Benefits of Energy Efficiency
Multiple Benefits of Energy EfficiencyMultiple Benefits of Energy Efficiency
Multiple Benefits of Energy Efficiency
 
Облачный документооборот — для предприятий любого масштаба
Облачный документооборот — для предприятий любого масштабаОблачный документооборот — для предприятий любого масштаба
Облачный документооборот — для предприятий любого масштаба
 
Classical Evaluation Frameworks for Energy Efficiency Programs
Classical Evaluation Frameworks for Energy Efficiency ProgramsClassical Evaluation Frameworks for Energy Efficiency Programs
Classical Evaluation Frameworks for Energy Efficiency Programs
 
Buildings Energy Labels in France: From Profusion to Confusion?
Buildings Energy Labels in France: From Profusion to Confusion?Buildings Energy Labels in France: From Profusion to Confusion?
Buildings Energy Labels in France: From Profusion to Confusion?
 
The Global Economy & The State of the Gas Market
The Global Economy & The State of the Gas MarketThe Global Economy & The State of the Gas Market
The Global Economy & The State of the Gas Market
 
Evaluation of Danish Energy Efficiency Programs
Evaluation of Danish Energy Efficiency ProgramsEvaluation of Danish Energy Efficiency Programs
Evaluation of Danish Energy Efficiency Programs
 

Similar to The use of economic instruments to renovate Europe

IT FUTURE 2011 - Energy efficiency
IT FUTURE 2011 - Energy efficiencyIT FUTURE 2011 - Energy efficiency
IT FUTURE 2011 - Energy efficiencyFujitsu France
 
The development of renewable energies in italy results of ten years of exper...
The development of renewable energies in italy  results of ten years of exper...The development of renewable energies in italy  results of ten years of exper...
The development of renewable energies in italy results of ten years of exper...Gestore dei Servizi Energetici
 
Inauguracion kubik campos_isoird_visioninternacional
Inauguracion kubik campos_isoird_visioninternacionalInauguracion kubik campos_isoird_visioninternacional
Inauguracion kubik campos_isoird_visioninternacionalkubikbytecnalia
 
A review of the implementation of the Energy Performance Certification Scheme...
A review of the implementation of the Energy Performance Certification Scheme...A review of the implementation of the Energy Performance Certification Scheme...
A review of the implementation of the Energy Performance Certification Scheme...International Energy Agency
 
Day 1session 2: Energy Efficiency at EU level
Day 1session  2: Energy Efficiency at EU levelDay 1session  2: Energy Efficiency at EU level
Day 1session 2: Energy Efficiency at EU levelRCREEE
 
ESCOs, IPEEC
ESCOs, IPEECESCOs, IPEEC
ESCOs, IPEECnooone
 
The white certificate scheme: the italian experience and proposals for improv...
The white certificate scheme: the italian experience and proposals for improv...The white certificate scheme: the italian experience and proposals for improv...
The white certificate scheme: the italian experience and proposals for improv...Dario Di Santo
 
The White Certificates system in Italy: results and perspectives
The White Certificates system in Italy: results and perspectivesThe White Certificates system in Italy: results and perspectives
The White Certificates system in Italy: results and perspectivesDaniele Russolillo
 
ELENA assistance case study - Pool Engineering S.r.l
ELENA assistance case study - Pool Engineering S.r.lELENA assistance case study - Pool Engineering S.r.l
ELENA assistance case study - Pool Engineering S.r.lMarina Turcati
 
session 5 Regulation&certification of energy_service_providers(article7)
session 5 Regulation&certification of energy_service_providers(article7)session 5 Regulation&certification of energy_service_providers(article7)
session 5 Regulation&certification of energy_service_providers(article7)RCREEE
 
Day2 session 3: Morocco
Day2 session 3: MoroccoDay2 session 3: Morocco
Day2 session 3: MoroccoRCREEE
 
COGEN Europe presentation at COGEN Hungary's Annual Conference
COGEN Europe presentation at COGEN Hungary's Annual ConferenceCOGEN Europe presentation at COGEN Hungary's Annual Conference
COGEN Europe presentation at COGEN Hungary's Annual ConferenceCOGEN Europe
 
Auctions for energy efficiency and the experience of renewables
 Auctions for energy efficiency and the experience of renewables Auctions for energy efficiency and the experience of renewables
Auctions for energy efficiency and the experience of renewablesLeonardo ENERGY
 
Measurement and verification in the Italian white certificate scheme
Measurement and verification in the Italian white certificate schemeMeasurement and verification in the Italian white certificate scheme
Measurement and verification in the Italian white certificate schemeDario Di Santo
 
Practical experiences with internal and external energy performance contracti...
Practical experiences with internal and external energy performance contracti...Practical experiences with internal and external energy performance contracti...
Practical experiences with internal and external energy performance contracti...IEA DSM Implementing Agreement (IA)
 

Similar to The use of economic instruments to renovate Europe (20)

IT FUTURE 2011 - Energy efficiency
IT FUTURE 2011 - Energy efficiencyIT FUTURE 2011 - Energy efficiency
IT FUTURE 2011 - Energy efficiency
 
EU Energy policies for buildings
EU Energy policies for buildingsEU Energy policies for buildings
EU Energy policies for buildings
 
The development of renewable energies in italy results of ten years of exper...
The development of renewable energies in italy  results of ten years of exper...The development of renewable energies in italy  results of ten years of exper...
The development of renewable energies in italy results of ten years of exper...
 
B1_Kelm
B1_KelmB1_Kelm
B1_Kelm
 
Inauguracion kubik campos_isoird_visioninternacional
Inauguracion kubik campos_isoird_visioninternacionalInauguracion kubik campos_isoird_visioninternacional
Inauguracion kubik campos_isoird_visioninternacional
 
A review of the implementation of the Energy Performance Certification Scheme...
A review of the implementation of the Energy Performance Certification Scheme...A review of the implementation of the Energy Performance Certification Scheme...
A review of the implementation of the Energy Performance Certification Scheme...
 
Session 27 Bo Östlund
Session 27 Bo ÖstlundSession 27 Bo Östlund
Session 27 Bo Östlund
 
Energoefektivitātes pakalpojuma līgumi Slovēnijā
Energoefektivitātes pakalpojuma līgumi SlovēnijāEnergoefektivitātes pakalpojuma līgumi Slovēnijā
Energoefektivitātes pakalpojuma līgumi Slovēnijā
 
Day 1session 2: Energy Efficiency at EU level
Day 1session  2: Energy Efficiency at EU levelDay 1session  2: Energy Efficiency at EU level
Day 1session 2: Energy Efficiency at EU level
 
ESCOs, IPEEC
ESCOs, IPEECESCOs, IPEEC
ESCOs, IPEEC
 
The white certificate scheme: the italian experience and proposals for improv...
The white certificate scheme: the italian experience and proposals for improv...The white certificate scheme: the italian experience and proposals for improv...
The white certificate scheme: the italian experience and proposals for improv...
 
The White Certificates system in Italy: results and perspectives
The White Certificates system in Italy: results and perspectivesThe White Certificates system in Italy: results and perspectives
The White Certificates system in Italy: results and perspectives
 
ELENA assistance case study - Pool Engineering S.r.l
ELENA assistance case study - Pool Engineering S.r.lELENA assistance case study - Pool Engineering S.r.l
ELENA assistance case study - Pool Engineering S.r.l
 
session 5 Regulation&certification of energy_service_providers(article7)
session 5 Regulation&certification of energy_service_providers(article7)session 5 Regulation&certification of energy_service_providers(article7)
session 5 Regulation&certification of energy_service_providers(article7)
 
Day2 session 3: Morocco
Day2 session 3: MoroccoDay2 session 3: Morocco
Day2 session 3: Morocco
 
Some Consideration about the White Certificates Mechanisms
Some Consideration about the White Certificates Mechanisms Some Consideration about the White Certificates Mechanisms
Some Consideration about the White Certificates Mechanisms
 
COGEN Europe presentation at COGEN Hungary's Annual Conference
COGEN Europe presentation at COGEN Hungary's Annual ConferenceCOGEN Europe presentation at COGEN Hungary's Annual Conference
COGEN Europe presentation at COGEN Hungary's Annual Conference
 
Auctions for energy efficiency and the experience of renewables
 Auctions for energy efficiency and the experience of renewables Auctions for energy efficiency and the experience of renewables
Auctions for energy efficiency and the experience of renewables
 
Measurement and verification in the Italian white certificate scheme
Measurement and verification in the Italian white certificate schemeMeasurement and verification in the Italian white certificate scheme
Measurement and verification in the Italian white certificate scheme
 
Practical experiences with internal and external energy performance contracti...
Practical experiences with internal and external energy performance contracti...Practical experiences with internal and external energy performance contracti...
Practical experiences with internal and external energy performance contracti...
 

More from International Energy Agency

IEA Executive Director Presentation to G20 Energy Ministers Session
IEA Executive Director Presentation to G20 Energy Ministers SessionIEA Executive Director Presentation to G20 Energy Ministers Session
IEA Executive Director Presentation to G20 Energy Ministers SessionInternational Energy Agency
 
World Energy Investment Launch Presentation - 14th May 2019
World Energy Investment Launch Presentation - 14th May 2019World Energy Investment Launch Presentation - 14th May 2019
World Energy Investment Launch Presentation - 14th May 2019International Energy Agency
 
What role will nuclear power play in meeting energy security and climate goals?
What role will nuclear power play in meeting energy security and climate goals?What role will nuclear power play in meeting energy security and climate goals?
What role will nuclear power play in meeting energy security and climate goals?International Energy Agency
 
Webinar on the Outlook for Fuels, 23rd November 2018
Webinar on the Outlook for Fuels, 23rd November 2018Webinar on the Outlook for Fuels, 23rd November 2018
Webinar on the Outlook for Fuels, 23rd November 2018International Energy Agency
 
IEA Webinar: Energy Efficiency Market Report 2018 (Portuguese version)
IEA Webinar: Energy Efficiency Market Report 2018 (Portuguese version)IEA Webinar: Energy Efficiency Market Report 2018 (Portuguese version)
IEA Webinar: Energy Efficiency Market Report 2018 (Portuguese version)International Energy Agency
 
IEA Webinar: Energy Efficiency Market Report 2018 (Spanish version)
IEA Webinar: Energy Efficiency Market Report 2018 (Spanish version)IEA Webinar: Energy Efficiency Market Report 2018 (Spanish version)
IEA Webinar: Energy Efficiency Market Report 2018 (Spanish version)International Energy Agency
 
IEA Webinar: Energy Efficiency Market Report 2018
IEA Webinar: Energy Efficiency Market Report 2018IEA Webinar: Energy Efficiency Market Report 2018
IEA Webinar: Energy Efficiency Market Report 2018International Energy Agency
 
LNG: Driving global gas growth & improving flexibility
LNG: Driving global gas growth & improving flexibilityLNG: Driving global gas growth & improving flexibility
LNG: Driving global gas growth & improving flexibilityInternational Energy Agency
 
Global energy prospects and their implications for Indonesia
Global energy prospects and their implications for IndonesiaGlobal energy prospects and their implications for Indonesia
Global energy prospects and their implications for IndonesiaInternational Energy Agency
 
Natural gas and LNG in the Future of Global Energy
Natural gas and LNG in the Future of Global EnergyNatural gas and LNG in the Future of Global Energy
Natural gas and LNG in the Future of Global EnergyInternational Energy Agency
 

More from International Energy Agency (20)

IEA Executive Director Presentation to G20 Energy Ministers Session
IEA Executive Director Presentation to G20 Energy Ministers SessionIEA Executive Director Presentation to G20 Energy Ministers Session
IEA Executive Director Presentation to G20 Energy Ministers Session
 
World Energy Investment Launch Presentation - 14th May 2019
World Energy Investment Launch Presentation - 14th May 2019World Energy Investment Launch Presentation - 14th May 2019
World Energy Investment Launch Presentation - 14th May 2019
 
The LNG opportunity for Europe
The LNG opportunity for EuropeThe LNG opportunity for Europe
The LNG opportunity for Europe
 
What role will nuclear power play in meeting energy security and climate goals?
What role will nuclear power play in meeting energy security and climate goals?What role will nuclear power play in meeting energy security and climate goals?
What role will nuclear power play in meeting energy security and climate goals?
 
Energy Efficiency 2018 - South African Webinar
Energy Efficiency 2018 - South African Webinar Energy Efficiency 2018 - South African Webinar
Energy Efficiency 2018 - South African Webinar
 
Webinar on Sustainable Development Scenario
Webinar on Sustainable Development ScenarioWebinar on Sustainable Development Scenario
Webinar on Sustainable Development Scenario
 
WEO-2018 Electricity Webinar
WEO-2018 Electricity WebinarWEO-2018 Electricity Webinar
WEO-2018 Electricity Webinar
 
Webinar on the Outlook for Fuels, 23rd November 2018
Webinar on the Outlook for Fuels, 23rd November 2018Webinar on the Outlook for Fuels, 23rd November 2018
Webinar on the Outlook for Fuels, 23rd November 2018
 
IEA Webinar: Energy Efficiency Market Report 2018 (Portuguese version)
IEA Webinar: Energy Efficiency Market Report 2018 (Portuguese version)IEA Webinar: Energy Efficiency Market Report 2018 (Portuguese version)
IEA Webinar: Energy Efficiency Market Report 2018 (Portuguese version)
 
IEA Webinar: Energy Efficiency Market Report 2018 (Spanish version)
IEA Webinar: Energy Efficiency Market Report 2018 (Spanish version)IEA Webinar: Energy Efficiency Market Report 2018 (Spanish version)
IEA Webinar: Energy Efficiency Market Report 2018 (Spanish version)
 
IEA Webinar: Energy Efficiency Market Report 2018
IEA Webinar: Energy Efficiency Market Report 2018IEA Webinar: Energy Efficiency Market Report 2018
IEA Webinar: Energy Efficiency Market Report 2018
 
Producer Economies Webinar
Producer Economies WebinarProducer Economies Webinar
Producer Economies Webinar
 
Hydrogen: Accelerating & Expanding Deployment
Hydrogen: Accelerating & Expanding Deployment Hydrogen: Accelerating & Expanding Deployment
Hydrogen: Accelerating & Expanding Deployment
 
LNG: Driving global gas growth & improving flexibility
LNG: Driving global gas growth & improving flexibilityLNG: Driving global gas growth & improving flexibility
LNG: Driving global gas growth & improving flexibility
 
Global energy prospects and their implications for Indonesia
Global energy prospects and their implications for IndonesiaGlobal energy prospects and their implications for Indonesia
Global energy prospects and their implications for Indonesia
 
Natural gas and LNG in the Future of Global Energy
Natural gas and LNG in the Future of Global EnergyNatural gas and LNG in the Future of Global Energy
Natural gas and LNG in the Future of Global Energy
 
Water and the Sustainable Development Scenario
Water and the Sustainable Development ScenarioWater and the Sustainable Development Scenario
Water and the Sustainable Development Scenario
 
Low carbon Transition in the Cement Industry
Low carbon Transition in the Cement IndustryLow carbon Transition in the Cement Industry
Low carbon Transition in the Cement Industry
 
Low carbon Transition in the Cement Industry
Low carbon Transition in the Cement IndustryLow carbon Transition in the Cement Industry
Low carbon Transition in the Cement Industry
 
Global energy markets: today & tomorrow
Global energy markets: today & tomorrowGlobal energy markets: today & tomorrow
Global energy markets: today & tomorrow
 

Recently uploaded

BT & Neo4j _ How Knowledge Graphs help BT deliver Digital Transformation.pptx
BT & Neo4j _ How Knowledge Graphs help BT deliver Digital Transformation.pptxBT & Neo4j _ How Knowledge Graphs help BT deliver Digital Transformation.pptx
BT & Neo4j _ How Knowledge Graphs help BT deliver Digital Transformation.pptxNeo4j
 
WebAssembly is Key to Better LLM Performance
WebAssembly is Key to Better LLM PerformanceWebAssembly is Key to Better LLM Performance
WebAssembly is Key to Better LLM PerformanceSamy Fodil
 
Linux Foundation Edge _ Overview of FDO Software Components _ Randy at Intel.pdf
Linux Foundation Edge _ Overview of FDO Software Components _ Randy at Intel.pdfLinux Foundation Edge _ Overview of FDO Software Components _ Randy at Intel.pdf
Linux Foundation Edge _ Overview of FDO Software Components _ Randy at Intel.pdfFIDO Alliance
 
Continuing Bonds Through AI: A Hermeneutic Reflection on Thanabots
Continuing Bonds Through AI: A Hermeneutic Reflection on ThanabotsContinuing Bonds Through AI: A Hermeneutic Reflection on Thanabots
Continuing Bonds Through AI: A Hermeneutic Reflection on ThanabotsLeah Henrickson
 
Microsoft CSP Briefing Pre-Engagement - Questionnaire
Microsoft CSP Briefing Pre-Engagement - QuestionnaireMicrosoft CSP Briefing Pre-Engagement - Questionnaire
Microsoft CSP Briefing Pre-Engagement - QuestionnaireExakis Nelite
 
1111 ChatGPT Prompts PDF Free Download - Prompts for ChatGPT
1111 ChatGPT Prompts PDF Free Download - Prompts for ChatGPT1111 ChatGPT Prompts PDF Free Download - Prompts for ChatGPT
1111 ChatGPT Prompts PDF Free Download - Prompts for ChatGPTiSEO AI
 
Your enemies use GenAI too - staying ahead of fraud with Neo4j
Your enemies use GenAI too - staying ahead of fraud with Neo4jYour enemies use GenAI too - staying ahead of fraud with Neo4j
Your enemies use GenAI too - staying ahead of fraud with Neo4jNeo4j
 
Working together SRE & Platform Engineering
Working together SRE & Platform EngineeringWorking together SRE & Platform Engineering
Working together SRE & Platform EngineeringMarcus Vechiato
 
Enterprise Knowledge Graphs - Data Summit 2024
Enterprise Knowledge Graphs - Data Summit 2024Enterprise Knowledge Graphs - Data Summit 2024
Enterprise Knowledge Graphs - Data Summit 2024Enterprise Knowledge
 
ECS 2024 Teams Premium - Pretty Secure
ECS 2024   Teams Premium - Pretty SecureECS 2024   Teams Premium - Pretty Secure
ECS 2024 Teams Premium - Pretty SecureFemke de Vroome
 
IESVE for Early Stage Design and Planning
IESVE for Early Stage Design and PlanningIESVE for Early Stage Design and Planning
IESVE for Early Stage Design and PlanningIES VE
 
Simplified FDO Manufacturing Flow with TPMs _ Liam at Infineon.pdf
Simplified FDO Manufacturing Flow with TPMs _ Liam at Infineon.pdfSimplified FDO Manufacturing Flow with TPMs _ Liam at Infineon.pdf
Simplified FDO Manufacturing Flow with TPMs _ Liam at Infineon.pdfFIDO Alliance
 
WSO2CONMay2024OpenSourceConferenceDebrief.pptx
WSO2CONMay2024OpenSourceConferenceDebrief.pptxWSO2CONMay2024OpenSourceConferenceDebrief.pptx
WSO2CONMay2024OpenSourceConferenceDebrief.pptxJennifer Lim
 
Breaking Down the Flutterwave Scandal What You Need to Know.pdf
Breaking Down the Flutterwave Scandal What You Need to Know.pdfBreaking Down the Flutterwave Scandal What You Need to Know.pdf
Breaking Down the Flutterwave Scandal What You Need to Know.pdfUK Journal
 
Secure Zero Touch enabled Edge compute with Dell NativeEdge via FDO _ Brad at...
Secure Zero Touch enabled Edge compute with Dell NativeEdge via FDO _ Brad at...Secure Zero Touch enabled Edge compute with Dell NativeEdge via FDO _ Brad at...
Secure Zero Touch enabled Edge compute with Dell NativeEdge via FDO _ Brad at...FIDO Alliance
 
A Business-Centric Approach to Design System Strategy
A Business-Centric Approach to Design System StrategyA Business-Centric Approach to Design System Strategy
A Business-Centric Approach to Design System StrategyUXDXConf
 
Using IESVE for Room Loads Analysis - UK & Ireland
Using IESVE for Room Loads Analysis - UK & IrelandUsing IESVE for Room Loads Analysis - UK & Ireland
Using IESVE for Room Loads Analysis - UK & IrelandIES VE
 
Intro in Product Management - Коротко про професію продакт менеджера
Intro in Product Management - Коротко про професію продакт менеджераIntro in Product Management - Коротко про професію продакт менеджера
Intro in Product Management - Коротко про професію продакт менеджераMark Opanasiuk
 
Powerful Start- the Key to Project Success, Barbara Laskowska
Powerful Start- the Key to Project Success, Barbara LaskowskaPowerful Start- the Key to Project Success, Barbara Laskowska
Powerful Start- the Key to Project Success, Barbara LaskowskaCzechDreamin
 
ASRock Industrial FDO Solutions in Action for Industrial Edge AI _ Kenny at A...
ASRock Industrial FDO Solutions in Action for Industrial Edge AI _ Kenny at A...ASRock Industrial FDO Solutions in Action for Industrial Edge AI _ Kenny at A...
ASRock Industrial FDO Solutions in Action for Industrial Edge AI _ Kenny at A...FIDO Alliance
 

Recently uploaded (20)

BT & Neo4j _ How Knowledge Graphs help BT deliver Digital Transformation.pptx
BT & Neo4j _ How Knowledge Graphs help BT deliver Digital Transformation.pptxBT & Neo4j _ How Knowledge Graphs help BT deliver Digital Transformation.pptx
BT & Neo4j _ How Knowledge Graphs help BT deliver Digital Transformation.pptx
 
WebAssembly is Key to Better LLM Performance
WebAssembly is Key to Better LLM PerformanceWebAssembly is Key to Better LLM Performance
WebAssembly is Key to Better LLM Performance
 
Linux Foundation Edge _ Overview of FDO Software Components _ Randy at Intel.pdf
Linux Foundation Edge _ Overview of FDO Software Components _ Randy at Intel.pdfLinux Foundation Edge _ Overview of FDO Software Components _ Randy at Intel.pdf
Linux Foundation Edge _ Overview of FDO Software Components _ Randy at Intel.pdf
 
Continuing Bonds Through AI: A Hermeneutic Reflection on Thanabots
Continuing Bonds Through AI: A Hermeneutic Reflection on ThanabotsContinuing Bonds Through AI: A Hermeneutic Reflection on Thanabots
Continuing Bonds Through AI: A Hermeneutic Reflection on Thanabots
 
Microsoft CSP Briefing Pre-Engagement - Questionnaire
Microsoft CSP Briefing Pre-Engagement - QuestionnaireMicrosoft CSP Briefing Pre-Engagement - Questionnaire
Microsoft CSP Briefing Pre-Engagement - Questionnaire
 
1111 ChatGPT Prompts PDF Free Download - Prompts for ChatGPT
1111 ChatGPT Prompts PDF Free Download - Prompts for ChatGPT1111 ChatGPT Prompts PDF Free Download - Prompts for ChatGPT
1111 ChatGPT Prompts PDF Free Download - Prompts for ChatGPT
 
Your enemies use GenAI too - staying ahead of fraud with Neo4j
Your enemies use GenAI too - staying ahead of fraud with Neo4jYour enemies use GenAI too - staying ahead of fraud with Neo4j
Your enemies use GenAI too - staying ahead of fraud with Neo4j
 
Working together SRE & Platform Engineering
Working together SRE & Platform EngineeringWorking together SRE & Platform Engineering
Working together SRE & Platform Engineering
 
Enterprise Knowledge Graphs - Data Summit 2024
Enterprise Knowledge Graphs - Data Summit 2024Enterprise Knowledge Graphs - Data Summit 2024
Enterprise Knowledge Graphs - Data Summit 2024
 
ECS 2024 Teams Premium - Pretty Secure
ECS 2024   Teams Premium - Pretty SecureECS 2024   Teams Premium - Pretty Secure
ECS 2024 Teams Premium - Pretty Secure
 
IESVE for Early Stage Design and Planning
IESVE for Early Stage Design and PlanningIESVE for Early Stage Design and Planning
IESVE for Early Stage Design and Planning
 
Simplified FDO Manufacturing Flow with TPMs _ Liam at Infineon.pdf
Simplified FDO Manufacturing Flow with TPMs _ Liam at Infineon.pdfSimplified FDO Manufacturing Flow with TPMs _ Liam at Infineon.pdf
Simplified FDO Manufacturing Flow with TPMs _ Liam at Infineon.pdf
 
WSO2CONMay2024OpenSourceConferenceDebrief.pptx
WSO2CONMay2024OpenSourceConferenceDebrief.pptxWSO2CONMay2024OpenSourceConferenceDebrief.pptx
WSO2CONMay2024OpenSourceConferenceDebrief.pptx
 
Breaking Down the Flutterwave Scandal What You Need to Know.pdf
Breaking Down the Flutterwave Scandal What You Need to Know.pdfBreaking Down the Flutterwave Scandal What You Need to Know.pdf
Breaking Down the Flutterwave Scandal What You Need to Know.pdf
 
Secure Zero Touch enabled Edge compute with Dell NativeEdge via FDO _ Brad at...
Secure Zero Touch enabled Edge compute with Dell NativeEdge via FDO _ Brad at...Secure Zero Touch enabled Edge compute with Dell NativeEdge via FDO _ Brad at...
Secure Zero Touch enabled Edge compute with Dell NativeEdge via FDO _ Brad at...
 
A Business-Centric Approach to Design System Strategy
A Business-Centric Approach to Design System StrategyA Business-Centric Approach to Design System Strategy
A Business-Centric Approach to Design System Strategy
 
Using IESVE for Room Loads Analysis - UK & Ireland
Using IESVE for Room Loads Analysis - UK & IrelandUsing IESVE for Room Loads Analysis - UK & Ireland
Using IESVE for Room Loads Analysis - UK & Ireland
 
Intro in Product Management - Коротко про професію продакт менеджера
Intro in Product Management - Коротко про професію продакт менеджераIntro in Product Management - Коротко про професію продакт менеджера
Intro in Product Management - Коротко про професію продакт менеджера
 
Powerful Start- the Key to Project Success, Barbara Laskowska
Powerful Start- the Key to Project Success, Barbara LaskowskaPowerful Start- the Key to Project Success, Barbara Laskowska
Powerful Start- the Key to Project Success, Barbara Laskowska
 
ASRock Industrial FDO Solutions in Action for Industrial Edge AI _ Kenny at A...
ASRock Industrial FDO Solutions in Action for Industrial Edge AI _ Kenny at A...ASRock Industrial FDO Solutions in Action for Industrial Edge AI _ Kenny at A...
ASRock Industrial FDO Solutions in Action for Industrial Edge AI _ Kenny at A...
 

The use of economic instruments to renovate Europe

  • 1. IEA workshop The use of economic instruments to renovate Europe Bogdan ATANASIU Buildings Performance Institute Europe Bogdan.atanasiu@bpie.eu
  • 2. Economic instruments to renovate Europe Summary: - Main barriers for increasing energy efficiency in the EU buildings - The EU framework: policies and funding - Economic instruments within MSs - Best practice: few examples - Conclusions Available at www.bpie.eu Soon at www.bpie.eu IEA workshop, 18 Nov 2011
  • 3. Economic instruments to renovate Europe Identified barriers for energy efficiency in buildings Barriers IEA workshop, 18 Nov 2011
  • 4. Economic instruments to renovate Europe EU legislation on EE & RES in buildings - Energy end-use efficiency and energy services Directive (2006/32/EC, under recast Overarching into Energy Efficiency Directive - merge with the CHP Directive) - CHP Directive (2004/8/EC) - Energy performance of buildings Directive (recast 2010/31/EU, 2002/91/EC) Buildings - Renewable energy Directive (2009/28/EC, repealing Directive 2001/77/EC) - Construction products regulation - Ecodesign Framework Directive (recast 2009/125/EC, 2005/32/EC) Products - Energy Labelling Framework Directive (recast 2010/31/EU) - Energy Star EU-US agreement for labelling the office equipment IEA workshop, 18 Nov 2011
  • 5. Economic instruments to renovate Europe Instruments for Energy Efficiency in buildings in the EU – Energy tax (at EU and national level) – Taxation (reduced VAT, accelerated depreciation, tax deductions); – Incentives and financing for energy efficiency investments (national) – Public procurement; – White certificates/Energy savings obligations (national level); – Promotion of energy services (ESCOs) (national action, but not enough!) – Energy Audits (at national level) – Demand side management (not many, at national/regional) – Minimum Efficiency Requirements-MEPS (at EU level) – Buildings Codes/standards (at national level but also driven by EPBD) – Buildings certification and equipment Labelling (national and EU level) – Voluntary programmes (mainly in the industrial sector at national level, but also for equipment at EU level) – Information/awareness (mainly national) IEA workshop, 18 Nov 2011
  • 6. Economic instruments to renovate Europe EU and carbon financing for energy efficiency in buildings EU Financing Carbon financing Structural Funds EIB-EIF Loans European Local ENergy AAU trade under Kyoto and 2007-2013 Assistance - ELENA GIS schemes € 347bn. out of -technical assistance facility – some countries use it for which: -min leverage factor: 25 financing EE in buildings € 9,4bn en. JESSICA: Sustainable development eff.&RES EU ETS Phase 3 (2013-2020) for urban areas – up to € 300mn allowances € 86bn R&D, JEREMIE: Improved access to for demo CCS and RES but € 27,4bn SMEs, finance for micro business and there are initiatives for SMEs in the EU regions including also EE € 105,3bn environment, European Energy Efficiency Fund (EEE-F) € 48,1bn climate - 3,7% of the EEPR/ € 275 mn in total change - -DB (De), EIP, CDP (It) IEA workshop, 18 Nov 2011
  • 7. Economic instruments to renovate Europe EU Funds allocations to energy Sector as % of total per MS 2007-2013 Source: Maud SKÄRINGER, DG Regio: ‘Cohesion Policy support for Sustainable Energy 2007-2013. Energy efficiency investments in buildings’ , September 2011, Délégation Conseil National de l’Habitat IEA workshop, 18 Nov 2011
  • 8. Economic instruments to renovate Europe Economic instruments for EE in buildings within the EU MSs • About 333 national schemes have been screened • Wide range of economic instruments (not comprehensive): -Grants -Subsidies -Funds Energy Preferential audits loans Financial Tax & VAT Levies instruments incentives in Europe Penalties & TPF/ESCO min. requirement White certificates IEA workshop, 18 Nov 2011
  • 9. Economic instruments to renovate Europe Financial instruments for EE in buildings • Most of the schemes: • Grants, subsidies • Preferential loans • Tax incentives and levies • White certificates schemes in UK, France, Italy, Belgium- Flanders and Denmark • ESCO/TPF and audits for buildings are less used IEA workshop, 18 Nov 2011
  • 10. Economic instruments to renovate Europe Few examples of financing schemes for energy efficiency in buildings in the EU IEA workshop, 18 Nov 2011
  • 11. Economic instruments to renovate Europe Ex. 1: White certificates / Energy savings obligations (1) Country Obligation for Eligible customers Current size of Estimated annual obligation expenditure (euro/capita) Be (Fl) Electricity residential and non 0,6TWh annual 26 mn Euro (4) distributors energy intensive industry and service Fr All energy suppliers All (including 54 TWh over 3 yrs 180 mn Euro (3) transport) except EU ETS It Electricity&gas All including 2,2 Mtoe in 2008 190 mn Euro (3) distributors transport UK Electricity&gas Residential only 185 MtCO2 3 yrs 900 mn Euro (15) suppliers to 2011 Dk Electricity,gas & All except transport 0,82TWh annual 25 mn Euro (5) heat distributors or covered by EU ETS Source: Eoin Lees, eceee: ‘Experience of EU Energy Efficiency Obligations – Diverse but Delivering’, 30 Sept 2011, Bucharest Forum IEA workshop, 18 Nov 2011
  • 12. Economic instruments to renovate Europe Ex. 1: White certificates / Energy savings obligations (2) % in total scheme savings 58% 42% 87% 100% Source: Eoin Lees, eceee: ‘Experience of EU Energy Efficiency Obligations – Diverse but Delivering’, 30 Sept 2011, Bucharest Forum IEA workshop, 18 Nov 2011
  • 13. Economic instruments to renovate Europe Ex 2: Germany’s KfW loans • Promotional loans for both for new and existing buildings New buildings Existing buildings max. 50.000 EUR per housing unit max. 75.000 EUR per housing unit KfW-Efficiency House standard (KfW-100, 94-55kWh/m2/yr) partial debt relief possible -three promotional stages -grants as an alternative for owners of single and two family houses -additional special support available Higher energy efficiency means better conditions Results by 2009: Lesson learned: Subsidies for aprox. 3,1 mn homes Open to all investor groups CO2 reduction of 3,9 m tons per yr. Focus on long term loans Aprox. 200.000 jobs/year A brand for energy efficiency Cumulative savings (heating costs): 950 mn euros Higher energy efficiency is rewarded 2009: 10,6 bn Euro en eff and 6,3 bn Euro RES Distributional network and Funding Source: Gudrun Gumb, KfW: ‘Supporting the energy efficient rehabilitation of the building stock – The German experience’, November 2010, BPIE Roundtable IEA workshop, 18 Nov 2011
  • 14. Economic instruments to renovate Europe Ex 3: Estonia - Revolving fund for housing • Switch from grants (2003-2007) to a revolving fund • KredEx (Credit and Export Guarantee Fund of the State) supports this • Why revolving fund? o Opportunity for re-usage of the funds o Loan is needed for reconstruction anyway o Easier to administrate, lower administrative costs o End-beneficiary is used to take loan o Innovative scheme, help from KfW • 03/2011: 231 contracts with multi-apartment buildings, total €18,4 million (average €81100, saving 33%) Source: Mirja Adler, KredEx: ‘Revolving Fund with EU Structural Funds for energy efficiency in multi-apartment buildings in Estonia’, JRC workshop, Istanbul 2009 IEA workshop, 18 Nov 2011
  • 15. Economic instruments to renovate Europe Ex 3: Estonia - Revolving fund for housing State grant from KredEx for: – energy audit – 50%, max € 640 – technical inspection – 50%, max € 640 – Building design documents - 50%, max € 3195 • To save at least 20% of energy in buildings up to 2000 m² • To save at least 30% of energy in buildings more than 2000 m² • Self-financing 15% (includes works from 01.01.2008) • Energy audit is obligatory • Renovation according to energy audit (by priorities) • Loan period: up to 20 years • Interest rate: up to 4,8% (first tranche) fixed 10 years IEA workshop, 18 Nov 2011
  • 16. Economic instruments to renovate Europe Ex 4: Czech Republic - Green Savings Programme (GIS) • Financed from the trade of the Assigned Amount Units (AAU) under Kyoto ETS. • Aprox € 800 mn, by 30 June 2012 • By 2010: 72000 applications for subsidies (of which 6000 housing blocks/168000 flats) Measure Subsidy A.1 Complex insulation (decrease of the need of energy for heating by - at least - 40%) Complex insulation (specific heat requirement) <30 kWh.m-2a-1) 58 EUR /per m2 Complex insulation (specific heat requirement) <55 kWh.m-2a-1) 40 EUR /per m2 A.2 Partial thermal insulation Partial thermal insulation– (decrease of the need of energy for heating 23 EUR /per m2 by - at least 30%) Partial thermal insulation- (decrease of the need of energy for heating by 17 EUR /per m2 - at least - 20%) B Construction in the passive energy standard block of flats in the passive energy standard 5770 EUR / per unit C Use of renewable energy sources for heating and hot water preparation Sources of biomass Max. 960 EUR / per unit Installation of low-emission biomass-fired sources and efficient heat Max. 770 EUR / per unit pumps in new buildings Installation of solar-thermal collectors for the preparation of hot water Max. 960 EUR / per unit Source: Vit Vanicek, CECODHAS: ‘Green Savings Programme. Using ETS (AAU in Czech Republic) funds for building renovation, BPIE Roundtable, March 2011, Bucharest IEA workshop, 18 Nov 2011
  • 17. Economic instruments to renovate Europe Conclusion 1: Lesson learned • Varied financing instruments and policies among the EU MSs • Ambition level is imposed by country’s specific conditions such as: • Perceived importance of energy efficiency • Country’s economic potential (purchase power, existence of related industry) • Ability to address and integrate the existing financing opportunities • Ability to integrate the macro-economic benefits (job creation, tax rebates, indirect benefits of en eff. etc.) • Ability to introduce tailored policies and measures (on building and people categories) • Maturity of energy efficiency market (ESCOs, willingness of banks, accompanied measures such as training for professionals, awareness and information among all stakeholders etc) IEA workshop, 18 Nov 2011
  • 18. Economic instruments to renovate Europe Conclusion 2: We have to do more • However, the actual efforts are far behind the savings potential. The EU MSs will fall short on 2020 target of 20% energy savings (est. indicate up to 10%)! • Reaching the EU 2050 climate and energy goals implies: • To renovate the existing building stock • To build at very high energy performance standards (BPIE nZEB study launched last week, soon on the website) • Need to reduce/eliminate the actual barriers • Need for more and innovative financing • Need for more holistic policies with tailored measures & financing, awareness and information, training and education of professionals, RTD support • Implementation is a key issue! IEA workshop, 18 Nov 2011
  • 19. Economic instruments to renovate Europe Conclusion 2’: Proper renovation and market upscale Renovation speed and depth make the difference! 1,4% Rate, sub-standard retrofit 1,4% Rate, exemplary retrofit 2,0% Rate, sub-standard retrofit 2,0% Rate, exemplary retrofit 3,0% Rate, sub-standard retrofit 3,0% Rate, exemplary retrofit Market development and capacity building needed! Required Current market Technology growth factor size Insulation materials 2-3 2,010 Mio Euro Ventilation systems with heat 8-10 130,000 units recovery Triple glazed windows >10 1,500,000 m² Heat pumps 2-3 185,000 units Pellet boilers 2-3 43,000 units Solar thermal systems 2-3 3,700,000 m² IEA workshop, 18 Nov 2011
  • 20. Economic instruments to renovate Europe Conclusion 3: Key recommendations in BPIE study At the EU level: • Renovation roadmap with binding milestones and measures • EU Deep Renovation Fund (EIB) • Minimum requirements for allocation the EU Funds on buildings • Guidance to the MSs for setting policies and financing • Training and education roadmaps • RTD support for new technologies At MSs level: • Predictable policies and measures (national roadmaps) • Gradual tightening of building codes and standards by 2020 • Better financing and market conditions • Increase awareness and confidence of consumers and investors • Involvement of all stakeholders in developing policies • Training and education • RTD support IEA workshop, 18 Nov 2011
  • 21. Buildings Performance Institute Europe Thank you! • Started to operate in February 2010 • Non-profit association based in Brussels • Founding partners: European Climate www.bpie.eu Foundation, ClimateWorks (US) and eceee • Focus on energy efficiency in buildings throughout Europe • Centre of technical expertise in buildings • European Partner of Global Building Performance Network • Targeted research, policy analysis & evaluation, support policy implementation, dissemination of information