Impact of financial assumptions on the cost optimality towards nearly zero energy buildings - a case study
Abstract
7 result(s) found
Building energy efficiency is an important strategy for reducing greenhouse gas emissions globally. In fact, 55 countries have included building energy efficiency in their Nationally Determined Contributions (NDCs) under the Paris Agreement. This research uses building energy code implementation in six cities across different continents as case studies to assess what it may take for countries to implement the ambitions of their energy efficiency goals.
It is clear that city must be part of the solution if an urbanizing world is to grapple successfully with ecological challenges such as energy depletion and climate change. A system dynamics model was developed in this study using STELLA platform to model the energy consumption and CO2 emission trends for the City of Beijing over 2005–2030. Results show that the total energy demand in Beijing is predicted to reach 114.30 million tonnes coal equivalent (Mtce) by 2030, while that value in 2005 is 55.99 Mtce, which is 1.04 times higher than the level in 2005.
People spend most of their time inside buildings, and buildings are responsible for approximately one third of total direct and indirect energy-related worldwide carbon emissions. Likewise, buildings in the U.S. account for about 40% of total U.S. energy consumption. Future building development will be driven not only by emerging challenges such as vulnerability to a changing climate and resource scarcity, but also by disruptive innovations and societal changes.
This report presents the results of a state-by-state analysis of the potential energy and cost savings from improving compliance with building energy codes to 100 percent from current levels. The report also examines 45 statewide compliance evaluation studies, providing a summary of evaluation methods and key findings. Evidence in most states indicates that staggering rates of non-compliance, as high as 100 percent in some jurisdictions, have eroded the gains from energy code development and adoption.
The built environment accounts for approximately forty percent of the total energy consumption in developed countries. Because buildings have a long life, the greatest opportunity for energy reduction in the built environment will come from energy conservation in the existing building stock. An overview of the policy challenges presented by the built environment, with an emphasis on existing facilities, is accompanied by a discussion of specific technologies that may have the potential to reduce energy use.
Focusing on the voluntary LEED and ENERGY STAR environmental certification schemes in the United States, we investigate whether price premiums exist across all building value categories or are localized to specific value segments. We find that the largest value building segment does not demonstrate any price premiums, while the smallest value categories do. The concentrated supply of eco-labeled offices in large, high-quality buildings likely contributes to this phenomenon.