Electrification of demand and energy efficiency in construction could require an investment of 510,000 million until 2050.

At MATELEC, it can be seen how companies in the sector are committed to technology and sustainable construction.

Compliance with the objectives on reducing CO2 emissions set by the European Union will translate into a series of economic benefits for Spanish households and for the economy itself if a smart transition of the energy model takes places, according to a report carried out by Monitor Deloitte. “This decarbonisation process is not an obligation for companies or administration alone. Households also need to contribute, given that construction, both residential and service, is a very important part of energy consumption and the country’s emissions“, stated Alberto Amores, partner at Monitor Deloitte.

At MATELEC we can see how the companies in the sector are contributing to boosting energy efficiency in construction, which is imperative and tightly linked to sustainability and the use of technology.

For example, an average property could reduce energy consumption by 40%, either through a full restoration -enclosures, windows, heating system replacements, air conditioning, lighting and appliances- or, alternatively, with the use of an electric heat pump. 

The report sets out four different scenarios for the next few years, including High Energy Efficiency, which implies a total of 510,000 million in investments between 2017 and 2050 and an expenditure on imports of hydrocarbons of around 620,000 million, whilst in the Status Quo scenario there are 200,000 million in investments and 1 trillion in expenditure for petrol and gas imports.