Impact of financial assumptions on the cost optimality towards nearly zero energy buildings - a case study
Abstract
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The ultimate test of the business case for high performance low carbon building is to consider how the human benefits of these buildings could be reliably quantified to prove beyond all doubt the positive Return on Investment (ROI). After all, staff costs, including salaries and benefits, typically account for about 90% of business operating costs.
Energy efficiency (i.e., the ratio of output of performance to input of energy) in office buildings can reduce energy costs and CO2 emissions, but there are barriers to widespread adoption of energy efficient solutions in offices because they are often perceived as a potential threat to perceived comfort, well-being, and performance of office users. However, the links between offices' energy efficiency and users' performance and well-being through their moderators are neither necessary nor empirically confirmed.
With the high growth urbanization and increasing new urban population, the huge demand for infrastructures and dwellings has become a great challenge for the sustainable development in Chinese cities. The building sector shares one fourth of total energy consumption in the country and plays an important role in reducing the energy consumption and the consequential greenhouse gas (GHG) emissions. Some policies have been issued for promoting the low carbon sustainable development in China's buildings.