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The revised Energy Efficiency Directive has been finally adopted in the European Union. It provides a framework for Member States to reduce emissions and energy use in buildings, from homes and workplaces to schools, hospitals and other public buildings.
The directive is also referred to as the ‘Forced Renovation Directive’ because it puts pressure on buildings to renovate buildings in an accelerated manner.
European Union has expressly stated that increasing the energy efficiency of buildings is key to saving energy and achieving a zero-emission and fully decarbonised building stock by 2050.
The regulatory change also sets a new expectation for construction companies, real estate developers, modern energy service providers and lenders, who can offer customers informed solutions with these developments in mind.
