On 9 November the Financial Times published in its print edition a letter by the president of the European Alliance to Save Energy, Monica Frassoni.

Stepping up building energy renovations offers a solution to the issue of soaring energy bills, yet this is overlooked by decision makers, the letter says.

Today, which energy efficient technologies, it is possible to reduce buildings’ energy needs for heating and cooling by 60%. Still the average renovation rate of the EU’s building stock remains under 1% per year.

With over 34m people living in energy poverty, we are playing with fire, the letter continues. Energy efficiency is a rational, cost-effective and systemic solution for the energy price surge.

Read the full letter here

The letter can also be found on the FT website.