How to go faster and further on building renovation to sever ties with Russia

(EurActiv, 27 Apr 2022) Vladimir Putin’s invasion of Ukraine has prompted the EU to start getting serious about its energy policy and cut its reliance on Russia. To do that, building renovation must be a priority in the EU’s REPowerEU Action Plan, due in May, writes Adrian Joyce.

Adrian Joyce is the director of the Renovate Europe Campaign.

Forty per cent of the EU’s energy demand comes from the buildings sector, which produces around 36% of greenhouse gas emissions. These statistics were already important before Russia’s invasion – now they are shocking.

They are even more shocking when you consider that available technologies can achieve up to 80% energy savings in the building stock in the EU.

The REPowerEU strategy to break away from Russian fossil fuels must put a significant dent in buildings’ energy consumption. Such a wasteful use of our limited energy resources is no longer acceptable in the new geopolitical context.

So, where could the REPowerEU strategy start on buildings? Which levers should be actioned at the EU level to trigger further and faster energy renovation actions on the ground?

Recovery funding

Financing is not an insurmountable problem for energy renovation – far from it. The existing €800 billion COVID recovery fund is already up and running, with member state governments already drawing their first tranches of grants and loans from the EU’s pandemic war chest.

External link

EurActiv, 27 Apr 2022: How to go faster and further on building renovation to sever ties with Russia