Nearly seven years after the European Union passed legislation requiring property owners to report on the energy performance of their buildings, a new round of tougher regulations is under way. Plans to revise the Energy Performance of Buildings Directive (EPBD) in 2010 are expected to result in even tighter emissions targets for new buildings as well as tax penalties for owners of underperforming properties.
Nearly seven years after the European Union passed legislation requiring property owners to report on the energy performance of their buildings, a new round of tougher regulations is under way. Plans to revise the Energy Performance of Buildings Directive (EPBD) in 2010 are expected to result in even tighter emissions targets for new buildings as well as tax penalties for owners of underperforming properties.
The real estate industry, still grappling with the requirements set under the original directive from 2003, is awaiting the new regulations with trepidation. A new initiative by ULI Europe and consultant engineering group Arup aims to help industry leaders find their way in the maze of rules and regulations governing energy use and carbon emissions.
The ULI Energy Efficiency Exchange is a web-based information exchange where industry leaders can access and share practical information and best practice surrounding energy efficiency, particularly for existing buildings.
To read more about the ULI Energy Efficiency Exchange, click on the link below to subscribe to PropertyEU.
