Policies to mitigate high energy prices should fast-track building renovation

(EurActiv, 29 Nov 2021) It is troubling to see that buildings have been given a relatively small space in the overall strategy to combat rising energy prices, writes Oliver Rapf.

Oliver Rapf is the executive director of the Buildings Performance Institute Europe (BPIE).

Finding solutions to address the challenge of rising energy prices will be on the agenda of Energy Ministers next week and will again be discussed by Heads of States & Governments just before Christmas. Progress on the topic has been slow so far. National leaders are under pressure from their constituencies to solve the energy price crisis which is putting a strain on their electorate.

A few weeks ago, the European Commission published a communication, Tackling rising energy prices: a toolbox for action and support. The Commission’s toolbox provides a welcome list of measures, including targeted support to consumers, direct payments to those most at risk of energy poverty, and cutting energy taxes. Revenue from the ETS should help cover some of these costs.

Businesses, in particular SMEs, will be given relief through state aid or power-purchase agreements on a longer-term basis. The Commission also stressed that tackling the energy price challenge requires accelerating progression towards our target goal of 65% renewable electricity by 2030.

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EurActiv, 29 Nov 2021: Policies to mitigate high energy prices should fast-track building renovation