With the Renovation Wave Strategy, the European Commission aims to at least double renovation rates in the next ten years and make sure renovations lead to higher energy and resource efficiency. This will enhance the quality of life for people living in and using the buildings, reduce Europe’s greenhouse gas emissions, foster digitalisation and improve the reuse and recycling of materials.
What’s at stake for Energy Performance Certificates?
According to Building Performance Institute Europe, these are the most salient aspects in the EU Renovation Wave Strategy reinforcing the role of Energy Performance Certificates:
- Introducing mandatory minimum energy performance requirements (MEPS): When gradually phased in, enabled by well-functioning energy performance certificates (EPCs) and financing, MEPS can successfully tackle the worst performing buildings.
- More effective EPCs, integrated with a digital building logbook, building renovation passport, smart readiness indicator, Level(s): As quality and increased availability of EPCs are necessary to guide occupants’ choices, the Renovation Wave suggests reinforcing and strengthening existing EPCs, introducing a more standardised format for digital use and improved accessibility, supported by smart technologies.
- Better data for buildings: Effective building policies and measures can only be designed and implemented with consistent and reliable data, for example on energy consumption or environmental performance. The Renovation Wave proposes the introduction of a digital building logbook as a common repository for all relevant data over the entire lifecycle of the building, and to strengthen data collection through an updated EPC framework, with stringent rules on availability and accessibility of databases. The European Commission will also explore if and how the European Building Stock Observatory can become more reliable and robust.
An additional noteworthy development is the soon to become intrinsic link between Energy Performance Certificates and financing dealt with also via the Platform on Sustainable Finance assisting the European Commission in developing its sustainable finance policies, notably the further development of the EU taxonomy (classification system, establishing a list of environmentally sustainable economic activities). The renovation wave is considered as an opportunity to spur the development of green loan and mortgage financing.
An upgraded system of Energy Performance Certificates demonstrating efficiency gains will allow banks and other financial institutions to offer credit and mortgage financing to green their portfolios and to pool buildings as a collateral for the issuance of covered bonds. A number of market-led initiatives are already piloting innovative schemes for energy efficiency loan and mortgage financing. In a next step, whole life-cycle carbon can be included in this assessment and linked to financing for circular solutions.
Against this backdrop, the four ongoing Horizon 2020 Innovation Actions started in 2020 (H2020_LC-SC3-EE-5-2018-2019) would like to share insights into theirs activities supporting the evolution of current building performance schemes and the overarching roll-out of the Renovation Wave Strategy in a lively and informative panel discussion moderated by EuroACE with several key issues in mind, among others, “What is needed to strengthen the information role of EPCs?”, “What is needed to improve the quality of EPC?”, “What is needed to improve the coverage of EPC?”.
- ePANACEA Smart European Energy Performance AssessmeNt And CErtificAtion (project website and elevator pitch)
- D^2EPC Dynamic Digital EPCs for Enhanced Quality and User Awareness (project website and elevator pitch)
- EPC RECAST Energy Performance Certificate Recast (project website and elevator pitch)
- E-DYCE Energy flexible DYnamic building Certification (project website and elevator pitch)
Programme (approximate timings):
- 12h00 – 12h05 – General introduction by BuildUp Editorial team (overview, practical information on participation (Q&A), etc.)
- 12h05 - 12h25 – Keynote ‘EPCs and the Renovation Wave’ by Adrian Joyce, Secretary General, EuroACE - The European Alliance of Companies for Energy Efficiency in Buildings
- 12h25 - 13h28 – Moderated panel discussion by Eva Brardinelli, Policy and Communications Officer, EuroACE - The European Alliance of Companies for Energy Efficiency in Buildings
- María Fernández Boneta representing ePANACEA team.
- Apostolos Tsolakis representing D^2EPC team.
- Rofaïda Lahrech representing EPC RECAST team.
- Michal Pomianowski representing E-DYCE team.
- Closing remarks by BuildUp Editorial team