BOULDER, CO—Stringent regulations that apply across theEuropean Union have contributed to the developmentof a growing market for energy efficient buildings in Europe. Thatis one of the broad findings of a recent report fromNavigant Research. The study analyzes the Europeanmarket for residential and commercial building energy efficientproducts and services, including market forecasts for revenuethrough 2023.

At the same time, mandatory changes to country-level buildingcodes are increasing the performance requirements that apply to newconstruction and major renovations of existing buildings, with thegoal of delivering nearly zero energy buildings by2019 and 2021. This would applyto both public and private buildings, with respective targetdates.

“Buildings account for 40% of Europe's final energy consumption,and represent a key focus in efforts to improve overall energyefficiency,” says Noah Goldstein, researchdirector with Navigant Research. “The policy landscape for energyefficiency in Europe is among the most stringent in the world,making it a laboratory for technologies and strategies that couldbe exported to other regions.”