Energy Efficiency in the Nordics
The Nordic countries are strongly committed to energy efficiency, setting ambitious national targets and pursuing climate goals across various sectors, including buildings and industry. Their objectives include reducing energy consumption, increasing the use of renewable energy, and achieving carbon neutrality. Strengthening monitoring and reporting mechanisms is essential to ensuring these targets are met, enabling transparent progress tracking, fostering collaboration, and driving continuous improvement across the region.
Report recommendations:
- Prioritizing strategic measures towards common goals
Policy development should promote collaboration on strategic measures aligned with the national and European Union (EU) goals. - Leveraging exemplary initiatives and supporting transferability
Several exemplary initiatives from Nordic countries have demonstrated success and offer transferable models for other regions. Examples of successful and scalable initiatives is Denmark’s minimum requirement targets for energy saving in new and existing buildings and the energy-saving scheme for energy companies. - Addressing barriers to energy efficiency implementation
Despite a high level of policy awareness in terms of both national and EU regulations, barriers such as financial constraints, short-term planning, and fragmented policies persist. Increasing the financial incentives, simplifying subsidy schemes, and enhancing intergovernmental policy coordination could address these issues and encourage broader adoption of energy efficiency solutions. - Understanding changes in households’ energy behaviour
The global energy crisis of 2021–2023 exposed households to high energy prices, sparked heated public debate, and resulted in government intervention to protect households from the worst of the price shock.