Stimulating consumers’ demand for energy efficiency investments

Wed Nov 22 09:30:43 CST 2023 Source: www.refindustry.com Collect Reading Volume: 19037
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Energy efficiency in buildings, industries and products are a key enabler for the ambitious climate ambitions of the EU and the EC has developed a broad policy foundation for energy efficiency including legislative instruments such as Ecodesign Regulation, Energy Labelling Framework Regulation, the Energy Efficiency Directive (EED) and the Energy Performance of Buildings Directive (EPBD). This policy framework is supplemented by policies and programmes at the national, regional and local levels through transposing EU policies and by initiating others including different financing programmes and support facilities to promote energy efficiency. However, the demand for energy efficiency investments from the consumers and final energy users’ side is still sub-optimal to sufficiently contribute to the Europe Green Deal, the objectives of the REPowerEU Plan and the EU’s commitments to the Paris Agreement on climate change. The objectives of the WG were to identify and assess the main barriers and drivers to stimulate demands for EE investments from consumers and final users, identify best practices, and formulate general and specific recommendations on what tools and policy instruments are likely to be most effective in increasing consumers and final users demand for EE investments.

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Editor: Amanda