A longstanding debate among European Energy actors is the relevance of an integrated market. Is it worth it? What will be the actual benefits? Is it much cheaper than the alternative of further investment in generation capacity? What should be the rate of investments? Demand Response, Energy Efficiency and local power generation systems wouldn’t make an integrated energy market useless? What about Natural Gas markets?
Here is an initiative lead by SIEMENS, which set up Energy Conference series around the globe. “The first one took place in Belgium, where the panel discussed the importance of an energy market framework that will be critical in sustainable economic growth of the European Union.“
We’ve already seen what’s the UK Green Deal framework, how it works and it can help firms in UK to sell more. This time, let’s continue our Worldwide Energy Efficiency frameworks tour with a US one: “PACE”.
Property Assessed Clean Energy (PACE) is a way to finance energy efficiency and renewable energy upgrades to buildings that has emerged in the United States. PACE repayments appear as an additional line on a building’s property tax bill. The debt is attached to the property rather than the property owner and is repaid by the beneficiary or the building improvement.
The United Kingdom has set itself the target of reducing carbon emissions by 80% by 2050. Within this context, the UK will have 85% of its current housing stock in 2050. Emissions from buildings account for “43% of the UK’s total greenhouse gas emissions”.
Willing to fight these issues, the UK government has launched a scheme, called the Green Deal, with the aim of helping households increase the energy efficiency of their homes. “Under this scheme, 14 millions homes could be fitted with insulation and other energy-saving measures”. Thanks to this scheme, the UK Government is expecting to create 65,000 new jobs across the supply chain.
This fact reinforced the increase of the transport pollution up to 40% of greenhouse gases in the cities. Despite the public transport offer, the use of individual vehicles such as cars remains frequent. By habit, comfort, independence, freedom, users abandon their personal vehicle with difficulty. In the city, we frequently observe thus problems of roadway saturation and increase of pollution of the air, etc.
As seen in a previous post, Energy Transition launch is not a piece of cake. The markets are already here, but there are not blooming yet. Regulation incentives and firms’ initiatives are necessary. SCHNEIDER Electric has just finished to run a virtual experiment within France, called EnerCamp, to boost Energy Transition. Let’s have a look at their results.
Population in European cities increases more and more and so the dependence to infrastructures to travel. In a context of urban sprawl confronted to the double effect of fuel prices increase and new working hours, the treatment of mobility constitutes a fundamental component of our territories attractiveness, as seen in a previous post. Energy Efficiency in public transport is a key leverage to improve attractivity.
The question of mobility is also asked in environmental terms; public transit networks are tremendous tools to reduce CO2 emissions and local pollutions. The fight against global warming will be determining for the evolution of transport.