David Short reviews the EPBD for Lexis Nexis
In May, the European Union adopted a revised Energy Performance of Buildings Directive (“EPBD”). This is the third major revision to this legislation that was first adopted in 2002 to drive improvements in energy efficiency and renewable energy use across the built environment sector. Minor improvements are made to existing provisions on Energy Performance Certificates and minimum energy standards for new buildings and major renovations.
However, the revisions introduce a number of significant new provisions to drag energy performance of buildings into the hi-tech age, as well as requiring Member States to get more serious about the deep building renovation programs that will be needed over the next 30 years to meet climate goals. The EPBD holds implications and opportunities that go well beyond the real estate sector, including for electric vehicles, building automation, IoT devices and the finance and banking sectors. This article explores the changes in more depth in Q&A format.
(This article was first published on Lexis®PSL Environment on 5 June 2018. Click for a free trial of Lexis®PSL.)