Economic aspects of deep renovation for EURIMA

Published: 01/12/2010

Deep renovation results in an 80-90% reduction in CO2 emissions. Based on real data from ambitious projects within the DENA (German Energy Agency) "Niedrigenergiehaus im Bestand" project (low energy building stock), we applied the findings to the economic and climatic context of several other European countries, applying a complex set of Eurostat statistics.

Our general conclusion is that all countries, (except UK) exhibit favourable conditions for deep retrofit when incorporated into the general refurbishment cycle of the building. The UK has missed the threshold marginally, only because of comparably low gas prices for households. Assuming that UK gas prices will approach a similar continental level, the UK also exhibits a positive outlook for deep renovation.