The “Clean Energy for All Europeans” package confirms the pivotal role of the EU building stock in meeting EU 2030 climate and energy targets. In fact, the projected decarbonisation of the EU energy system is mainly based on the renovation of existing buildings and the increased penetration of renewable energies in heating, cooling and power generation.
The report estimates the EU energy renovation market at EUR 109 billion in 2015 and 882,900 jobs. It shows that the size of the EU energy renovation market could increase by almost half the current energy renovation market if a 40% energy savings target is adopted for 2030. This would lead to more than one million additional jobs.