A policy instrument that effectively accelerates deep energy renovation while being fair to all citizens is urgently needed. Well-designed minimum energy performance standards (MEPS) can meet these requirements and put the building stock on track to meet climate targets.

Europe must urgently accelerate the renovation and full decarbonisation of its building stock. According to the European Commission, the current annual 1% renovation rate should double by 2030, while BPIE’s own analysis concludes that annual deep renovation rates need to reach at least 3% in order to meet the EU’s 2030 climate and energy goals.

BPIE’s EU Buildings Climate Tracker shows that the European Union is not on track to achieve its climate targets in the building sector. Lack of action, delays or weaknesses in implementing effective building decarbonisation policies at the European level are no longer acceptable considering the need to dramatically increase the EU’s energy security. To meet the 2030 and 2050 climate targets in the building sector, deep renovation activity needs to step up significantly this decade.

A policy instrument that effectively accelerates deep energy renovation while being fair to all citizens is therefore urgently needed. Well-designed minimum energy performance standards (MEPS) can meet these requirements and put the building stock on track to meet climate targets.

To be effective, however, this paper explains that MEPS must take a differentiated approach according to building type and ownership structure, and must be meet the following design principles:

• Address the worst-performing buildings first so that people see an immediate and meaningful impact.

• Be aligned with the owner’s ability to invest.

• Make requirements binding and foreseeable to accelerate innovation in the energy renovation supply chain.

• Have an effective compliance support and enforcement system.

• Define regular and frequent milestones.

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