Market Intelligence

As announced earlier this year, Eurovent Market Intelligence (EMI) has published a report focused on the impact of the COVID-19 pandemic on the European HVACR market. The 93-page study provides a market forecast for 2020-2023 based on product type, country, application and project type. A sample of the report is attached to this article and the full study can be obtained from EMI.

The Buildings Performance Institute Europe (BPIE) has assessed the 14 available national/regional Long-Term Renovation Strategies (LTRS), The analysis by BPIE concludes that many Member States still do not seem to prioritise action in the building industry.

The Buildings Performance Institute Europe (BPIE) has published a guidebook outlining the history and past developments leading to todays’ policies together with an outlook on future developments. It represents a valuable introduction to those acquainted and not acquainted with building policies.

Eurostat, the statistical office for the EU, produces European statistics in partnership with National Statistical Institutes and other national authorities in the EU Member States. Recently, statistics accounting for impact of the COVID-19 outbreak have been added.

In order to help manufacturers gain certainty, Eurovent Market Intelligence (EMI) will publish a report analysing the impact of the COVID-19 pandemic on the European HVACR industry at the end of September. The report will include results of a recently launched EMI survey targeting HVACR product manufacturers. The survey runs until 11 September 2020. Interested manufacturers are encouraged to participate.

The United Nations Environment Programme (UNEP) and the International Energy Agency (IEA) have developed a 50-page report titled ‘Cooling Emissions and Policy Synthesis Report: Benefits of cooling efficiency and the Kigali Amendment’. The report highlights the growth of cooling appliances in numbers, addresses the COVID-19 estimated impacts and outlines six important opportunities identified under the K-CEP programme.

eTranslation is developed by the European Commission and is widely used and trusted by European and national public administrations. SMEs can now use eTranslation to translate any document or plain text between any of the 24 official EU languages, as well as Icelandic, Norwegian, Russian.

On Friday, 13 March, the EU Commission published a communication outlining a series of measures that it is taking to mitigate the consequences of the COVID-19 pandemic. Even though health issues are a national competence, the European Commission plans actions in four areas to support the Member States. Moreover, on 16 March, the Commission has sent to the Member States a draft proposal for a State Aid Temporary Framework to support the economy in the context of the outbreak. This Temporary Framework will allow full flexibility for Member States under the ‘State aid rules’.

The Eurovent Association has partnered up with ATMOsphere (shecco) and Danish Technological Institute to support the virtual ATMO/DTI Technical Conference ‘The Future of Air Conditioning’ on 23 and 24 June 2020. Eurovent’s Deputy Secretary General and European refrigeration expert Francesco Scuderi will elaborate on the EU Climate Neutrality Strategy in the Policy Panel on the first day of the conference. Eurovent members receive 15% discount on conference passes.

The IEA has issued its World Energy Outlook 2020 that also looks at the impacts of the COVID-19 crisis. Its analysis show that in countries in lockdown, the energy demand declined by 18-25% on average. IEA explores a scenario that quantifies the energy impacts of a widespread global recession caused by months-long restrictions on mobility, and social and economic activity. This results in a 6% energy demand contraction - the largest one in 70 years in percentage terms and the largest ever in absolute terms. The impact of COVID-19 on energy demand in 2020 would be more than seven times larger than the impact of the 2008 financial crisis.