What is the purpose of the EED? What does all-year-round consumption information mean for tenants, and what changes will this entail for the housing industry? Can the EED help cut energy consumption? Read our fact check on the EED!
The federal government’s climate targets pose major challenges for the real estate industry: particularly when it comes to existing buildings, owners and managers face a giant task in coping with the growing demands for energy efficiency and climate protection. The regulatory underpinnings for this are often enshrined both in European law and the resultant derived national legal provisions. In complying with these requirements, without losing sight of precepts of economy and affordable living space, low-investment measures could offer helpful leverage. The digitisation of the building infrastructure lays the foundations for the optimum management of energy installations and maximum consumption transparency for users, as well as allowing portfolio holders also to make valuable efficiency gains.
The Climate Cabinet will be holding its first meeting this week. This newly created body’s remit is to come up with draft legislation whereby Germany will be able to meet its climate targets for 2030 and 2050. What new legislative initiatives the new Climate Cabinet will actually bring about remains doubtful. Similarly doubtful is whether the federal government will finally make climate protection a priority and swiftly get the necessary measures off the ground. That will also take time. As the Environment Ministry’s climate protection report revealed on publication in February, Germany is not doing enough to achieve the 2020 climate protection targets. To push ahead with ambitious climate protection targets, legislative action will be indispensable.
Legal initiatives like the EED were designed to help limit climate change and promote more efficient use of energy. The amended EU Energy Efficiency Directive (EED) was passed by the EU Council of Ministers at the end of last year. A key component of the new directive is the provision of all-year-round consumption information for residents and the requirement to use radio metering technology for consumption recording. What will the ambitious targets set by the amended version of the EED mean for the housing industry? Is there a need to act? Stephan Kiermeyer, CEO of the noventic subsidiary KALO, answers the most pressing questions.
Rüsselsheim is combining digitalisation with living, and is currently offering two innovations for the housing industry. One of these is the transformation of a former office building into an attractive residential building, which will create a new digital home for many. The property developer DIWO is pioneering new frontiers in the digitalisation of living in collaboration with the Noventic Group. Both tenants and landlords are benefiting from this development - and prospective tenants are queuing up.
In Paris the French metering service provider Multimat Compteurs has for the first time equipped one of its buildings with AMR consumption meters. The technology needed for the job was provided by noventic subsidiary QUNDIS. The client Multimat Compteurs now wants to install this technology in further buildings. Because it helps the company to simplify and accelerate its processes, and because it helps tenants to avoid inconvenient meter reading appointments.
Investments in modern energy technology or heat insulation will fail to yield the forecast savings if you do not succeed in changing the resident’s consumption behaviour. In a Copenhagen suburb the noventic subsidiary KeepFocus showed how the Cards app could be used to prevent the rebound effect.
A development by noventic shows that climate protection can be very simple: The 'Cards' app playfully involves tenants in actively saving energy on a daily basis and, as a side effect, helps to protect the building fabric. The app was awarded the Innovation Prize by the German Property Federation (ZIA) at the Real Estate Industry Day on 13 June 2018.
Warm rooms, a good indoor climate - with lower energy consumption costs. And doing something for climate protection at the same time. That sounds good - but it costs money to produce. In the public perception, energy-efficient refurbishment of buildings is often accompanied by rent increases that make your own home unaffordable. Is that true?
The German Energy Agency has published the first interim results of its flagship study 'Integrated Energy Transition'. The interim results show that digitalisation and technology-neutral solutions can reduce CO2 emissions in Germany by up to 90 per cent by 2050.
The convergence of climate change and digitalisation presents building owners with a unique opportunity to enhance economic efficiency and climate protection simultaneously. This can be achieved through climate-intelligent property management, which integrates these two objectives in a mutually reinforcing manner.
If an investor is unable to realise a return because he does not receive repayment from the beneficiary of his investment for the newly created benefit, this is known as the investor-user dilemma. The legal requirements to modernise the energy efficiency of residential buildings in order to achieve the German government's climate targets by 2050 are a recurring problem. This is why the term landlord-tenant dilemma is also used in this context.
