In the coming years, the Spanish construction and real estate sector will be significantly affected by stricter regulations regarding the energy efficiency of buildings. The European Union aims for climate neutrality by 2050, and with buildings accounting for 40% of energy consumption and 36% of greenhouse gas emissions in the EU, they are a major focus of these regulations. However, the current pace of European renewal is insufficient to achieve the objectives; Estimates suggest an annual renewal rate of just 1%. To increase the renovation rate, the European Parliament adopted an ambitious review of the 2010 Energy Efficiency of Buildings Directive in March, on which the European Council must now decide.
If adopted, the proposal would replace the current energy efficiency certification system with a more holistic assessment of buildings’ environmental performance. The proposal focuses on ambitious targets for the renovation of existing buildings, including setting minimum energy efficiency thresholds that all buildings must meet within a given time frame. However, the proposal goes beyond improving the energy efficiency of buildings. The proposal also provides for the creation of a certification of the environmental performance of buildings throughout their life cycle, taking into account the emissions generated during the production of construction and insulation materials, the construction itself and the renovation and operation of the buildings. buildings.
In the coming years, developers will have to meet higher standards of sustainability and energy efficiency throughout the life cycle of a building, which will mean a change in mentality, since the long-term ecological impact must be taken into account at each stage. of a project. Stricter regulations can also increase the cost of new construction projects due to more selective choice of construction materials. On the other hand, the regulations are expected to boost the rehabilitation market in Spain, as it will trigger a wave of renovation, creating greater demand for energy-efficient renovations. Overall, stricter regulations are expected to support the Spanish construction sector in the near future.