Driving economic growth in Europe with energy renovation
A contribution to EUSEW blogs by EUSEW partner, the European Builders Confederation (EBC), which represents micro, small and medium-sized entrepreneurs in the building sector
The European Builders Confederation (EBC) strongly believes in the great potential of energy efficiency renovation.
The energy renovation market is becoming more and more crucial for the EU economy. Our infographic developed in collaboration with Renovate Europe shows a turnover of EUR 109 billion and the creation of 882 900 jobs related to this activity in 2015.
Buildings currently account for 40 % of EU primary energy demand – more than both transport and industry – and thus offer great possibilities for reduction. In fact the existing building stock on its own has the potential to reduce energy consumption by 61 % by 2030, decreasing environmental pressure as well as Europe’s import dependence. Buildings emit about 36 % of the total CO2 emissions of the EU. Reduced energy demand in better performing buildings will thus result in less combustion of fossil fuels and reduced CO2 emissions, leading to better air quality for EU citizens.
Needless to say, EBC also welcomes the ongoing revision of the Energy Performance of Buildings Directive (EPBD), which:
- puts the principle of “energy efficiency first” into practice;
- will help to improve the performance of 75 % of the built environment that is considered energy inefficient;
- tries to accelerate the cost-effective renovation of existing buildings, which will be a win-win situation for the whole European economy, including the construction sector.
The building sector’s micro, small and medium-sized entrepreneurs are looking forward to continuing to contribute to this important debate.
Energy efficiency of buildings is a focus of the European commission’s Clean Energy for All Europeans package, the theme for this year’s EU Sustainable Energy Week. Find out more about this and other policies for the transition to sustainable energy at EUSEW 2017.
You can also hold an Energy Day any time in May or June to showcase your achievements and inspire others.