Supporting Energy Efficiency EU Policy & Financing tools Looking towards 2020 Stefano Panighetti Directorate-General for Energy C3 Energy Efficiency

Transcription

1 Supporting Efficiency EU Policy & Financing tools Looking towards 2020 Stefano Panighetti Directorate-General for C3 Efficiency

2 EU Political Support for EE European Council Conclusions March 2007: targets Europe 2020 Strategy June 2010: Smart, sustainable and inclusive growth 2020 November European strategy for a competitive, sustainable and secure energy efficiency one of five priorities Focus on two sectors with the biggest energy saving potential: transport and buildings 2

3 Efficiency 2020 target Growth & Jobs benefits of EE: Emissions & carbon intensity reduction security & competitiveness improvement ~17 jobs per 1m invested 1 investment generates 2-5 public revenue (reduced unemployment benefits, increased fiscal revenue) Labour intensive activities (mostly in building sector)

4 WHAT ARE THE EXISTING INSTRUMENTS? 4

5 Current EU Regulatory Framework performance of buildings Directive Minimum energy performance requirements Performance Certificates Nearly zero-energy buildings Certification and inspections Eco-design and Labelling Directives Minimum performance requirements on products 17 measures adopted so far: electrical motors, fans, light bulbs, washing machines Labelling Saving Directive Indicative 9% EE target by 2016 National EE Action Plans (NEEAPs) 5

6 A new Efficiency Directive Creating benefits for consumers National energy efficiency obligation scheme for utilities (1.5% saving obligation) Smart metering Ensure accuracy & frequency of billing based on actual consumption Provide appropriate information with the bill efficiency in transportation and distribution of energy Network tariffs Monitoring of efficiency levels of generation installations Priority Access for CHP

7 Public sector to lead by example Procurement of high energy efficiency products, services and buildings Annual renovation rate of 3% of central buildings above 250 m 2 Local energy efficiency plans/renovation roadmaps Introduction of energy management systems Use of Performance Contracting Involvement of the private sector Incentives for SMEs to undergo energy audits Mandatory audits for large companies

8 Current EU Financial Support to EE Cohesion policy funds ( ): 5,1 billion for energy efficiency (up to 8 billion if all MS reallocate 4% for housing under ERDF) Intelligent Europe Programme ( ): 735 million for soft energy efficiency/renewables projects Capacity building, awareness raising, best practices sharing ELENA Facility: 97 million for technical assistance to mobilise investments To scale up projects and reduce transaction costs and support Project development phases European Efficiency Fund (EEE-F): 265 million for investments into mature, bankable efficiency/renewables projects 20 million for technical assistance Role model projects, leverage effect, EPC support 8

9 A Unique Momentum A new EE Directive to fill-in the gaps More Stable legislative framework: renewed efforts from MS & investment predictability for investors A new Multinannual Financial Framework to be negotiated ( ) Sustainable, smart and inclusive growth 9

10 A new Multiannual Financial Framework MFF Cohesion funding to allocate some 17 billion to energy efficiency and renewable energy (doubling current allocations) Horizon 2020: 6.5 billion is to be allocated to research and innovation in "Secure, clean and efficient energy" Likely to include an IEE-type follow-up programme 10

11 MFF : A new Paradigm for sustainable investments: MFF in line with EU 2020 strategy: "smart, sustainable & inclusive growth" Conditionality: implementation of relevant EU legislation Cohesion policy Thematic concentration: shift to a competitive low carbon economy Public authorities to pave the way (public building renovation, use of EPC ) 11

12 EU Funding: a changing paradygm.. Attract & leverage funds from private investors Big bulk of EE/RES investments should come from private. sector Using market mechanisms to avoid crowding out investors. and increase leverage. Financial Instruments and Performance Contracting Grant to address primarilly market failures, innovation and beyond cost-effective EE projects (deep renovation) 12

13 How Cities can get involve? Have your say in the OP preparation Get involve in the EPC campaign (CoMo) Urban planning, agregation, demand management promotion/dissemination Increase capacity/knowledge 13