CLEAN ENERGY FOR ALL EUROPEANS

Discurso de apertura-la perspectiva de la UE

Mesa redonda sobre la financiación de eficiencia energética en España25 Abril 2018, Madrid

Paula Rey Garcia- Jefa de equipo eficiencia energética en edificios & financiación, Comisión Europea

THE WIDER LEGAL FRAMEWORK: THE CLEAN ENERGY FOR ALL EUROPEANS PACKAGE

REVISION OF THE ENERGY EFFICIENCY DIRECTIVE

2030 ENERGY EFFICIENCY

TARGET-LONGER TERM PERSPECTIVE FOR INVESTORS

PROVIDING A FURTHER BOOST TO BUNDLING

SMALL-SCALE PROJECTS THROUGH CONTINUATION

OF ENERGY SAVING OBLIGATIONS FOR MEMBER STATES IN

ARTICLE 7

Improving coherence with the

EPBD

CLEAN ENERGY FOR ALL EUROPEANS

• 2050 vision for a decarbonised and highly efficient building stock

• Intermediary milestones in 2030 and 2050

• Stronger financing component

• Reinforcement of EPCs in connection with financial support

• A smart readiness indicator for buildings, for the benefit of consumers

• Reinforced building automation and controls

• Enhanced transparency of national building energy performance calculation methodologies

• Targeted support to e-mobility infrastructure deployment in buildings' car parks

• Simplification of the deployment of recharging points (including simpler permitting procedures)

• Targeted exemptions (e.g. for SMEs)

REINFORCED LONGER TERM BUILDING RENOVATION STRATEGIES

SMARTER BUILDINGS, BETTER CONNECTED SUPPORTING E-MOBILITY

4

REVISION OF THE ENERGY PERFORMANCE OF BUILDINGS DIRECTIVE

• Supporting the project pipeline at EU and local level

• Project DevelopmentAssistance facilities

• "One-stop-shops"

Assistance and aggregation

De-risking

• Deploying Financial Instruments and flexible energy efficiency and renewable financing platforms

• Building on EFSI blending with ESIF funds

• Understanding the risks and benefits for financiers and investors

• The De-risking Energy Efficiency Platform

• Commonly accepted underwriting framework

MAJOR GOALS

More effective use of public funds

The "SMART FINANCE FOR SMART BUILDINGS" initiative…

ESIF- MAIN FUNDING SOURCE FOR CLEAN ENERGY INVESTMENTS IN THE CURRENT MFF

CLEAN ENERGY FOR ALL EUROPEANS

7

https://ec.europa.eu/info/news/smart-finance-smart-buildings-investing-energy-efficiency-buildings-2018-feb-07_en?pk_campaign=ENERNewsletterFebruary2018

CLEAN ENERGY FOR ALL EUROPEANS

REMOVING BARRIERS TO ENERGY EFFICIENCY INVESTMENTS

Combined with wider efforts to scale up SUSTAINABLE FINANCE

https://ec.europa.eu/info/sites/info/files/180131-sustainable-finance-final-report_en.pdf

• Energy efficiency, in fact, is where Europe faces the largest investment gap.

• Nearly three-quarters of the EU’s 2030 clean energy investment gap is accounted for by energy efficiency in buildings.

• This gap stands around €130 billion per year. There is however a growing momentum in favourof energy efficiency financing among banks and investors.

Against this background, the HLEG recommends that theCommission: Examine further how energy efficiency

investments improve underlying asset value. Consider the wider impact of energy savings for

financial risk management

CLEAN ENERGY FOR ALL EUROPEANS

10 #EnergyUnion

MUCHAS GRACIAS

Paula Rey GarciaTeam leader – Buildings & Finance

Energy Efficiency UnitDG ENER, European Commission

https://ec.europa.eu/energy/en/news/commission-proposes-new-rules-consumer-centred-clean-energy-transition