Green house, final round for property redevelopment directive

The new rules for the greenhouse in the final phase. The legislation will be on the Ecofin table tomorrow to close the loop on a subject which risks costing taxpayers of the Old Continent dearly. Especially to those of Southern Europe, primarily Italy, due to a very old and particular real estate heritage.

But the worst is that governments will not be able to count on additional funds compared to those already allocated by the Union. In other words, for bonuses, it will only be possible to use the National Recovery and Resilience Plan, the Social Climate Fund and the Cohesion Fund. Objective: zero emissions by 2050. The only consolation: the sanctions have not been passed in a context where Member States will have more room for maneuver.

The landscape

More than a year after Parliament’s vote, the circle should therefore be closed on a very controversial subject as the European elections draw to a close. The impression is that in Brussels the current establishment is putting its foot on the accelerator to secure the new rules on the Energy Performance of buildings.. Rules which could be re-discussed in the event of an electoral result likely to modify the current political balance of the Union.

An unprecedented intervention

The legislation will affect five million worst-performing properties. Compared to the first version, the current version predicts a reduction in average energy consumption of 16% by 2030 and 20 to 22% by 2035. Target remains 2050 when all residential properties must be zero emissions with limited energy consumption. The energy classes and the deadlines for achieving them therefore disappear from the document.

The positive impact of new buildings that are more energy efficient than those already in place cannot be taken into account in the calculation. In fact, the new rules provide that at least 55% of the reduction in energy consumption goes through the redevelopment of the most energy-intensive buildings.

There is room for exceptions

There is the possibility of excluding certain properties. It will be up to governments to set the limits. But now, for Brussels, buildings subject to restrictions, intended for defense purposes, second homes used less than four months per year, temporary and religious buildings, small properties of less than 50 square meters can be exempted.

“Gentle” cessation of fossil fuels

A total ban on fossil fuels is planned for 2020, but no sanctions are planned. In the meantime, from next year States will no longer be able to issue incentives for boilers powered solely by fossil fuels. This is no small matter given that at the end of this year, in Italy, a large part of housing bonuses will expire.

Estimates of Italian family spending

It is naturally early to do the math, as much will then depend on the government’s implementation decisions. However, according to Codacons, the energy requalification of buildings involves an average investment of between 35,000 and 60,000 euros considering a house of 100 m2. And so, given that the public debt has reached three trillion and there is not even room to guarantee more funds for health and education, with the new green rules, Italians will inevitably have to draw in their wallet

Leave a Comment