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Regulation: Tertiary Decree and ER 2020: a necessary evil

The year 2022 will mark an acceleration in the deployment of regulations aimed at limiting energy consumption in real estate assets. Sylvie Bergeret, COO of MKG Consulting, discusses the implications of these regulations at the Paris Asset Forum>hospitality.

The tertiary sector decree applies to tertiary activities of more than 1,000 m², including hotels. It aims to encourage owners and users of these assets to reduce their energy consumption, with a target of 40% reduction by 2030, 50% by 2040 and 60% by 2050. The first declarations must be made in December 2022. The process commits the owner and the tenant of the asset jointly and severally, and the sanctions are financial (€7,500 per building) and public, with a "Name & Shame".

Even though the energy performance diagnosis is being deployed in the hotel industry, to date only 15% of hotels are classified A or B, compared to 38% for offices, which is indicative of the road ahead.

The RE2020 Energy Regulation will be deployed from January 2022 for housing, with the hotel sector concerned in a second phase. It also aims to reduce energy bills by 75%, and is innovative in that it takes into account the entire life cycle of the building, from its construction to its demolition and recycling. Five results requirements are set, with measurement indicators: Optimisation of the energy design of the building; Limitation of primary energy consumption; Limitation of the impact on climate change associated with this consumption; Limitation of the impact of the building's components, over its entire life cycle; Limitation of discomfort situations in the building during the summer period.

This new regulation could lead to an increase of 5% to 15% in building costs, with the hope of recovering them on the resale value.

Funders are a key player in the decarbonisation of the economy, with ESG criteria now being taken into consideration in the examination of applications.

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