Energy Companies are “coming forward” to save buildings and transport – the benefits for consumers

The most active role is called upon to take on energy companies in order to achieve the target saving energy and reduce the energy expenditure of households, with saving investment in buildings and transfers.

The existing enforcement regime of energy efficiency includes measures, which oblige energy businesses to implement energy efficiency improvement actions in housing and transport. Thus, suppliers and administrators of the distribution and gas distribution networks as well as petroleum trading companies are required to implement energy saving measures.

These measures in the first phase included mainly information actions. But for the current season, by 2030, the savings bar is rising higher and the actions to be funded by companies include more tangible interventions such as insulation, new heating / cooling systems, high energy efficiency frames and more.

The enforcement regime is included in the National Energy and Climate Plan (ESEC) as a key tool for achieving energy saving objectives.

According to the new one, revised ESECs, the enforcement regimes will take 24% of the total cumulative target in the period 2021-2030. That is, out of 11,251 thousand tonnes of equivalent oil (KTOE) which is the cumulative target, energy companies should cover 2,698 (compared to 20 % of the 7,299 ktoe which was the target according to the previous ESEC).

In this context in the next period, the RIS will review the obligations set for each company in order to take into account the new higher ESEK target.

It is reported that the enforcement regime can be combined with the new policy announced by the government to restructure the programs to save on bureaucracy, to accelerate investment and to engage more active energy services (ENERGY Service Companies, ESCOS).

This means companies that undertake the implementation of energy -saving investment in homes and are compensated by collecting the benefit of the property of the property from reducing energy bills.

The CRIP (Renewable Energy Center) has been appointed administrator (Renewable Energy Center) which makes the report of actions implemented each year (so far the liquidation has been completed for the period by 2023).

CRES has also issued a list with indicative measures to improve energy efficiency that are accepted under the enforcement regime which for the home sector include inter alia:

  • Insulation (building shell – masonry – loft / roof / floor)
  • Windows/Glass High Energy Efficiency
  • Insulation of heating system pipes
  • Energy efficient heating systems
  • Thermostats and controllers
  • Heat pumps
  • Energy efficient air conditioning systems
  • Solar thermal collectors for hot water supply or to assist heating and cooling
  • Energy Efficient Washing devices and other white devices
  • Energy efficient lamps
  • Smart lighting systems

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