The heatwaves, currently experienced in Europe, should be a wake-up call to stop ignoring summer domestic energy poverty.
Clean Energy For all Europeans
Energy poverty and climate crisis are interlinked, urgent issues, where inaction costs live. The EU’s 2030 energy package is an opportunity to act on both challenges, to radically improve the well-being of millions of people while tackling climate change. Decision-makers have a duty to ensure everyone, in particular, vulnerable households, can take part and benefit from the transition.
The Clean Energy for all Europeans package is the first opportunity for Europe to align its domestic energy and climate targets with the ratified Paris Climate Agreement and the ratified Sustainable Development Goals (SDGs). However, the Commission’s modelling methodology and results do not reflect well the ratified international agreements and significantly overestimate the cost of energy transition.
My initial research question, for the International Refurbishment Symposium, was about an ex-ante evaluation of the impacts on the renovation market of the European Commission's proposed Smart Finance for Smart Buildings (SFSB) initiative.
The Symposium is a one day event, co-located with the AECB's National Conference at Eco Connect London. This high brow symposium is focussed on productivity, resilience and sustainability in the domestic refurbishment sector. It is about re-thinking assumptions and systems in a time of change.
Energy poverty, described as the inability to afford an adequate heating regime in the household, is increasingly acknowledged as a pressing issue across Europe. The European Commission states that over 54 million people, or 11% of the European population, currently suffer from the consequences of energy poverty, the causes of which are multiple. Despite falling wholesale prices for gas and electricity, consumer costs have gradually increased. When combined with poor energy efficiency in many buildings and a squeeze in living standards, Europe’s citizenry has been left in the dark.
The event is hosted by MEP Gerben-Jan Gerbrandy and MEP Morten Helveg Petersen. The aim is to discuss the Commission proposals related to the Energy Efficiency Directive (EED) and the Energy Performance of Buildings Directive (EPBD).
OpenExp is invited to present on its on-going analysis of the EED and the EPBD impact assessments. As shown in the attached presentation:
The aim of the workshop is to discuss and provide feedback on OpenExp analysis of the commission's impacts assessments related to the Energy Efficiency Directive (EED) and the Energy Performance of Building Directive (EPBD).
As shown in the attached presentation, the Commission scenarios provide evidence about the economic viability of 40% energy savings target. The analysis also shows some modelling weaknesses which require further clarification such as GDP and employment impacts in some Member States when using the general equilibrium model (GEM-E3).