This presentation focuses on the need for smarter and more energy efficient buildings in Greece and for immediate renovations in order to achieve decarbonisation of the country’s residential sector. Using the DREEM model, different scenarios of final energy consumption and the energy mix towards 2050 in the Greek residential sector are analysed.
The results suggest that investing in electrification leads to lower ETS, fuel, and renovation costs, and, thus, lower total costs at both the household and the national level, in comparison to investing in natural gas as a transition fuel.