Focus Energy efficiency
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Energy efficiency: the EU will spend about $800 billion by 2023
The EU will spend about $800 billion in the 2014-2023 period for energy-efficient products and services. France, Germany and the UK will probably drive the energy market over the next years.
Only a few weeks ago, the international research institute on green technology, Navigant Research, announced the exponential growth of nearly zero-energy buildings in Europe, by 2019. Recently, the agency has raised the issue once again, announcing investments of approximately $800 billion $800 billion in the 2014-2023 period, for the energy efficiency products and services market.
According to Navigant Research estimates, in fact, over the next ten years it will be possible to observe an almost linear growth of all sectors related to energy efficiency (such as lighting, insulation, water treatment, heating and air conditioning), even if the market segment that will benefit the more from further increases in the share of investments will be the one represented by energy efficient technologies&services and commissioning, that is, the process of plant installation, maintenance and verification, incuding certifications requirements, which are being more and more requested.
In this respect, Europe is boldly tightening its grip around a sort of liberality that has been exhibited up to now, regarding the avaialbility of equipment without adequate statement of compliance, for example, which contributed to the NR’s push towards a definition of the European energy policies as "the most stringent in the world".
How can we forget, for example, the most recent Energy Efficiency Directive (EED), transposed, among others, in Italy by Order no. 102/2014, on energy efficiency for new building design&construction, which imposes a series of structural measures to be taken in the medium and long term, in order to achieve the EU 20-20-20 targets?
Similarly, the European Commission has also developed another regulation, the Energy Performance of Buildings Directive (EPBD), on the energy performance of buildings, taking into account outdoor climatic and local conditions, as well as the requirements cost-effectiveness.
Even though the achievement of the desired results still seems a far off objective for the EU (at least, according to the conclusions drawn by Eric Blomm, principal analyst at NR), however, the above-mentioned regulations seem to play an important role in Europe’s green revolution, since they give a well-defined direction, in terms of economic and environmental sustainability, to the energy efficiency products and services market for residential and commercial buildings, located in the current 28 EU member states, including Norway and Switzerland.
France, Germany and the UK will probably drive the energy efficiency products and services market over the next few years, contributing in large part to the achievement of those 791.7 billion dollars, estimated to be spent in Europe between 2014 and 2023.
Nevertheless, the whole Europe will still have much work to do in the future to combat the problems challenging the development of the sector, such as: the incapacity of the public sector to manage the huge amounts of funds available at Community level, the limited incentives and profitable opportunities to attract investments, and the lack of technical resources within companies to give priority to smart energy choices.
According to Navigant Research estimates, in fact, over the next ten years it will be possible to observe an almost linear growth of all sectors related to energy efficiency (such as lighting, insulation, water treatment, heating and air conditioning), even if the market segment that will benefit the more from further increases in the share of investments will be the one represented by energy efficient technologies&services and commissioning, that is, the process of plant installation, maintenance and verification, incuding certifications requirements, which are being more and more requested.
In this respect, Europe is boldly tightening its grip around a sort of liberality that has been exhibited up to now, regarding the avaialbility of equipment without adequate statement of compliance, for example, which contributed to the NR’s push towards a definition of the European energy policies as "the most stringent in the world".
How can we forget, for example, the most recent Energy Efficiency Directive (EED), transposed, among others, in Italy by Order no. 102/2014, on energy efficiency for new building design&construction, which imposes a series of structural measures to be taken in the medium and long term, in order to achieve the EU 20-20-20 targets?
Similarly, the European Commission has also developed another regulation, the Energy Performance of Buildings Directive (EPBD), on the energy performance of buildings, taking into account outdoor climatic and local conditions, as well as the requirements cost-effectiveness.
Even though the achievement of the desired results still seems a far off objective for the EU (at least, according to the conclusions drawn by Eric Blomm, principal analyst at NR), however, the above-mentioned regulations seem to play an important role in Europe’s green revolution, since they give a well-defined direction, in terms of economic and environmental sustainability, to the energy efficiency products and services market for residential and commercial buildings, located in the current 28 EU member states, including Norway and Switzerland.
France, Germany and the UK will probably drive the energy efficiency products and services market over the next few years, contributing in large part to the achievement of those 791.7 billion dollars, estimated to be spent in Europe between 2014 and 2023.
Nevertheless, the whole Europe will still have much work to do in the future to combat the problems challenging the development of the sector, such as: the incapacity of the public sector to manage the huge amounts of funds available at Community level, the limited incentives and profitable opportunities to attract investments, and the lack of technical resources within companies to give priority to smart energy choices.
