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.
This paper presents a comprehensive literature review of what drives the adoption of green building (GB) practices among construction stakeholders. The review is based on literature that have been published in peer-reviewed journals. Through a systematic review of the literature, authors are able to identify generic drivers for stakeholders to pursue GB. A total of 64 drivers were identified from reviewing 42 selected empirical studies. The paper presents a classification framework for the GB drivers.
The reliability, security, and sustainability of energy generation and supply are of global importance and the building sector accounts for up to 32% of total energy consumption, which makes it a key player in the domain. Previous research has identified that the actual energy consumption in buildings could be as much as 2.5 times of the predicted or simulated.