A 30% saving in energy consumption is a year is possible say power companies, housing corporations and construction firms in a report presented to the environment minister today.
In the report ‘Less is More’ a number of umbrella organisations representing the energy sector (EnergieNed), housing corporations (Aedes) and construction firms present an ambitious programme for energy saving in 75% of existing buildings over the coming 12 years.
Measures include improved insulation, more use of renewable energy such as solar boilers and the installation of 13 million ‘smart’ electricity and gas meters.
Aedes is to come up with a separate plan for a 20% reduction in gas consumption.
But the report warns that the plan will only succeed if the government is prepared to stimulate investment. The total investment needed is between €20bn and €30bn.
However, according to its initiators, the project will generate between €10bn and €15bn in savings for consumers and improve the quality of properties in terms of energy consumption. It will also create around 10,000 new jobs says the report.
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