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Building renovations key to cutting Europe’s peak energy demand, study shows
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Building renovations key to cutting Europe’s peak energy demand, study shows
24 October 2024
A recent study reveals that building renovations can significantly reduce peak energy demand in Europe by nearly 50% by 2050, saving over €312 billion annually and supporting the transition to climate neutrality while enhancing energy efficiency and equity across the continent.
Editorial Team
A recent study highlights the crucial role of building renovations in achieving Europe's climate neutrality by 2050, particularly in managing 'peak demand' for energy. Peak demand occurs when energy use is highest, often during cold, cloudy, calm weather, which challenges the reliance on renewable sources.
Efficient buildings can reduce peak demand by nearly 50%, saving over €312 billion annually and making energy systems more sustainable and competitive.
Renovations optimise resource efficiency, lessen reliance on gas and coal, and promote equitable energy pricing across Europe. Policymakers are urged to prioritise these strategies to support a successful energy transition and enhance resilience and efficiency in the energy system.
