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January 5th, 2024
New EU Deal Targets Buildings Renovations, Rooftop Solar & Net Zero
The European Parliament and European Council reached a provisional agreement this month to further reduce the emissions and energy use of buildings across the EU. A staggering 75% of Europe’s aging building stock is considered energy inefficient and this latest piece of legislation will strengthen the Energy Performance of Buildings Directive (EPBD) across the Union. […]
Building Energy Performance Codes Pushing Decarbonization Efforts
On Tuesday September 12th, last week, New York City (NYC) Mayor Eric Adams launched “Getting 97 Done,” a new strategy to cut harmful carbon emissions from the city’s many large buildings as obliged under Local Law 97 of 2019. The plan aims to deliver the goals outlined in the broader “PlaNYC: Getting Sustainability Done,” New […]
Buildings will Play Crucial Role in Growth of EU Electric Vehicle Market
The electric vehicle (EV) market has experienced exponential growth in recent years and expects even faster growth in coming years as markets aim for close to 100% EV penetration in the medium term. EV sales as a share of total vehicle sales has tripled in just three years, from 4% in 2020 to 14% in […]
US & EU Tackle Building Efficiency with Significant Policy Developments
In the wake of the pandemic, the environmental movement keeps gaining momentum on the geopolitical stage. This month, the US General Services Administration (GSA) took a big step forward in its National Deep Energy Retrofit Program, issuing its largest-ever notice of opportunity by redirecting funds from the Inflation Reduction Act for a series of projects […]
THAT Overused “40%” Building Energy Consumption Statistic Investigated!
“Buildings account for 40% of all energy consumption and represent 40% of all greenhouse gas emissions”. Yes, this is another article that starts with the same statistic you’ve heard for the past decade! Like a bad smell, it permeates every research report, media article and industry conference you’ve attended in recent memory. It must be […]
EU Plan To Reduce Energy Dependence on Russia Benefits Green Buildings
Russia supplies 40% of natural gas consumed in the European Union (EU), including 100% of the gas for six EU members and over 50% for a further six EU nations, representing $400 billion annually. So, when war began between Russia and Ukraine it sparked an energy security crisis in the EU, which has been accused […]
Policy Not Technology Stands in the Way of Greener Buildings
Net-zero feels like the ultimate green goal for our buildings to reduce their collective impact on the environment. Currently responsible for 39% of global carbon emissions, the decarbonization of the buildings sector has long been seen as one of the most effective ways to mitigate the worst effects of climate change. The reality, however, is […]
Strategic Change for Leading BMS Integrator in the Nordic Region
This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. Nordomatic, the Nordic region’s largest independent building management systems (BMS) integrator has been acquired by a new majority owner. Trill Impact is a private equity firm targeting mid-sized companies in Northern Europe with the potential to accelerate value creation while contributing to UN […]