Report: Buildings Have The Greatest Potential To Reduce EU's Energy Reliance

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A new report aimed at outlining how investment in energy efficiency could help to reduce Europe's energy usage, has found that buildings could hold the key.
According to a recent article on Sourceable, the Energy Efficiency Financial Institutions Group (EEFIG) recently launched its final report exploring the issue, entitled 'Energy Efficiency – The First Fuel for the EU Economy: How to Drive New Finance for Energy Efficiency Investments'.
The group argues that energy efficiency investments should be made a greater priority in light of unstable energy prices, imports, and European leaders' desire to reduce their carbon footprints. And with the report finding that buildings account for the biggest proportion of the EU's energy consumption (40%) they present a massive opportunity for change.
What's more, the report notes that they could save the most energy in the long term, due to the fact that more than half of Europe's existing high-rise, industrial and commercial buildings will still be standing by 2050.
The greatest challenge, the article continues, will be harnessing the latest technology to build structures that are as efficient as possible, whilst also renovating and improving existing building stock. Developers will also need to focus on creating better connected cities with more efficient public transport, to create dynamic future cities that waste less energy and have better economies as a result.
Another challenge will be creating uniform economic strategies that make it easier for developers and business owners to make use of new technologies in their infrastructures. Planning laws should also promote the retrofitting of these technologies into existing buildings. As more people gain a deeper understanding of climate change, and as communities express a greater desire for change, the report predicts that these challenges will be easily overcome.
The EEFIG strongly believes that by investing more in the energy efficiency of our buildings, as well as in businesses and transport, we can significantly reduce and manage energy demand and help to move towards a system that's more secure, sustainable and competitive - something that all businesses should be striving for.
To see in practice how AVReporter Energy management Software can contribute towards the energy efficiency of building complexes, click here.
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