Energy Transition of the EU Building Stock – Unleashing the 4th Industrial Revolution in Europe (Executive Summary)

Energy renovation is playing a strong role as a stabiliser of the building sector and consequently of the European economy in the period since the financial crisis. Estimates of the energy renovation market was of the order of EUR 109 billion in 2015 in the EU 28 and created 882,900 jobs. The French, German and Italian energy renovation markets alone accounted for almost half of the EU energy renovation market. The energy renovation market of residential buildings had the highest share, 65%, out of the total energy renovation market.