Impact of the new EU emissions trading system on households

The heating of buildings is responsible for 40% of the European Union’s final energy consumption and 36% of its total greenhouse gas emissions. Improving the energy efficiency of buildings and phasing out the use of fossil fuels for heating are, therefore, central pillars for achieving the climate goals of the European Green Deal. As part of the strategy to achieve these targets, a new emissions trading system (ETS 2) has been established, which will cover the CO2 emissions stemming from fuel combustion in the building and transport sectors from 2027. This study analyses the impact of ETS 2 on households, including its influence on the cost-effectiveness of different renovation measures and clean heating solutions. The result provides new insights into how this new emissions trading system will influence the final consumer and investments in clean energy technologies over the next decade.

ROCA REINA Juan Carlos;  VOLT Jonathan;  TOLEIKYTE Agne;  CARLSSON Johan; 

2024-10-24

Editorial electrónica Universidad Miguel Hernández en Elche

JRC137897

3045-5057 (online),   

https://revistas.innovacionumh.es/index.php/cytef2024/article/view/2681,    https://publications.jrc.ec.europa.eu/repository/handle/JRC137897,   

10.21134/0mc5pw96 (online),