Financing, socio-economics

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The European Investment Bank (EIB) and El Corte Inglés have signed a financing agreement to implement energy efficiency measures and a digital transformation by 2024 for the well-known Spanish supermarket. In particular, the supermarket´s energy efficiency plan includes improved refrigeration, lighting and air-conditioning, and better consumption management.
Post date: 30 Jan 2023
Type: News

A total of €4.11 million from the Modernisation Fund are going to support 61 projects in 8 Member States. These projects aim to modernise energy systems, reduce greenhouse gas emissions and improve energy efficiency.  
Post date: 26 Jan 2023
Type: News

Electrically-driven heat pumps represent a solution to dramatically improve the efficiency of energy use for space and water heating.
Post date: 26 Jan 2023
Type: Publication

The Ministry of Bulgaria is planning to launch a EUR 30.5 million grant for replacing inefficient heating system into photovoltaics panels and solar collectors. In particular, households that will install rooftop solar power systems will be reimbursed for 70% of the investment.   The call, which should be launched by the end of the year, will be for all sectors except for agriculture, fisheries and forestry and electricy production.  
Post date: 20 Jan 2023
Type: News

As part of the plan to reach climate-neutrality by 2030, the UK is going to replace 1.7 million gas boilers a year until 2030.   The government has announced a scheme to help households to upgrade the energy efficiency of their homes before installing heat pumps. In fact, heat pumps are a fundamental part of the changes required, but they increase the electricity demand, and higher overall energy consumption means more renewable energy is needed for decarbonisation.
Post date: 19 Jan 2023
Type: News

Residents of flats with communal heating systems are challanged by the high energy prices and there might be a possibility for them to sue their network operators for heating and hot water. On the other hand, households with conventional heating systems are covered by the price cap on bills.  
Post date: 19 Jan 2023
Type: News

Bob Hinkle, CEO of Metrus Energy, gives his perspective on ways to fight climate crisis. He argues that energy efficiency is the quickest and cheapest resource to implement for climate action, but it has not be given the highest importance.  
Post date: 17 Jan 2023
Type: News

British houses are among the oldest and less efficient in Europe, hence households are currently challenged by rising energy bills. The government has set a price cap that limits the average bill to no more than £3,000 ($3,600) a year until April 2024. Moreover, it is planning to spend an average cost of around £10,000 for each house that needs to be retrofitted in order to reach the 2035 energy efficiency targets.  
Post date: 17 Jan 2023
Type: Publication

According to Finnish Heat Pump Association SULPU statistics, Finland has seen in 2022 an increase by 50% of selling of heat pumps. In particular, the number of air-to-air heat pumps was 160,000, whereas the number of air-to-water heat pumps sold was 19,000 but with an increase by almost 60%.  
Post date: 17 Jan 2023
Type: News

As electric cars, solar panels and heat pumps are expanding more and more, Berlin has launched a bid to accelerate the installation of smart meters. Smart meters would allow households to manage their own electricity consumption and benefit from flexible pricing contracts.  
Post date: 13 Jan 2023
Type: News