The Methodology for Ecodesign of Energy-related Products (MEErP henceforth) consists of a techno-economic-environmental assessment of a specific product group. This assessment is the main analytical step in the potential implementation of the Ecodesign Directive for a specific product group.\nSince 2013 the current MEErP methodology has been in use and considered fit for purpose. However, since 8 years have already elapsed in this very dynamic field, the need for an update is apparent.\nThe current report depicts the proposal for update put forth by the JRC at the request of DG GROW. Areas covered are:\n1)\tthe updating of the EcoReport Tool;\n2)\ta more systematic inclusion of material efficiency aspects and of environmental footprint/ecological profile aspects in the design options and in the LLCC curve;\n3)\ta more systematic inclusion of societal life cycle costs;\n4)\ta more refined evaluation of the economic impacts in task 7 of the MEErP.