The European Union's plan aims to double the rate of building renovation, cutting emissions, stimulating recovery and reducing energy poverty; to do this it needs more and more smart buildings
European policies on the energy efficiency of buildings, initiated with the EPBD in 2002, have produced very positive effects, but this has happened almost exclusively for new buildings, which today consume only half as much energy as those built more than 20 years ago.
However, noting that 85 % of EU buildings (over 220 million!) are over 20 years old and that 85-95 % are likely to still be in use in 2050, in October 2020 the European Commission presented 'Renovation wave', a new common strategy to improve the energy performance of existing buildings.
The Commission's aim is to double the rate of building renovation between now and 2030 to reduce the consumption of energy and other resources. At the same time, it also aims to improve the quality of life of people - who on average spend more than 90% of their time indoors - reduce greenhouse gas emissions and give a decisive boost to digitalisation in buildings. Within ten years, the aim is to renovate 35 million buildings, an initiative that could generate up to 160,000 new jobs.