Energy upgrades of buildings to total €900m, annually

Annual sums of 900 million euros are projected to be invested in energy-efficiency upgrades to buildings between 2025 and 203o to facilitate the achievement of energy-saving and emission-cutting targets, according to the revised National Energy and Climate Plan.

In the preceding period, between 2020 and 2025, the support package for energy-efficiency upgrades to buildings will total 600 million euros, annually, down from a figure of 642 million euros included in the NECP’s previous version, presented last January.

Also, investment and consumer spending on energy-efficiency equipment is projected to reach 12.5 percent of GDP between 2025 and 2030, up by 3.5 percent of GDP compared to to the period covering 2015 to 2020, according to the revised NECP.

Households are projected to represent 52 percent of investment and consumer spending on energy-efficiency equipment between 2025 and 2030, according to the revised NECP.

Consumer spending on energy-efficiency equipment, as a percentage of income, is expected to rise to 8.2 percent in 2030 from 5.7 percent in 2020.