The Committee on Industry, Research and Energy (ITRE) of the European Paliament has published in October 2016 the paper titled ‘Boosting Building Renovation: What potential and value for Europe?’ authored by Trinomics. The paper consists of a thorough review of the state of the European building stock and assesses various policy options (regulatory, financial and fiscal, information- and labelling- related) as well as their potential for boosting energy efficient renovation of buildings in Europe. The assessment concludes that a full range of policy measures is needed to address current barriers and be able to boost renovation. Key is to ensure that policy measures address the full range of building type; to focus on measures with the greatest energy savings potential, at the same time that policies implying lowest cost while resulting in highest impact are given priority; and to take synergies of combining measures into account. The resulting policy package should consist of a combination of mandatory and voluntary schemes, recognising that voluntary schemes may need to become mandatory when results are not achieved over a set timeframe.

The paper can also be found in the European Parliament website.