Saving Ireland Billions via Deep Building Retrofits.
The EU has rightly stated that the energy that buildings consume represents the greatest potential for saving energy. In its Energy Efficiency Directive (EED) it has set two targets for energy reduction in buildings – 40% by 2030 and 80% by 2050.
In absolute terms the new EED will reduce the 40% of all energy that buildings consume to 24% by 2030 and 8% by 2050. These are substantial reductions and while nobody would argue with the intent behind this initiative, the ‘elephant in the room’ of course is how are we going to pay for this? However in Ireland we may have an opportunity which has come from perhaps an unlikely quarter, namely the controversy over Pylons and Industrial Scale Wind Farms.