Impact of financial assumptions on the cost optimality towards nearly zero energy buildings - a case study
Abstract
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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.
This manual provides guidance and best practices on how to use data for developing and implementing policy on building energy efficiency. The primary audience for this manual are the C40 cities in the Private Building Efficiency (PBE) network and the Municipal Building Efficiency (MBE) network. Most of the guidance is applicable to both PBE and MBE networks. Where guidance is specific to PBE or MBE,it is called out accordingly. The users of the manual include city policy makers, efficiency program administrators and data analysts as well as external consultants supporting them.
Buildings are the focus of European (EU) policies aimed at a sustainable and competitive low-carbon economy by 2020. Reducing energy consumption of existing buildings and achieving nearly zero energy buildings (NZEBs) are the core of the Energy Efficiency Directive (EED) and the recast of the Energy Performance of Building Directive (EPBD). To comply with these requirements, Member States have to adopt actions to exploit energy savings from the building sector.
This paper introduces the major state-level regulations and policies for improving energy efficiency in buildings. The purpose of the review is to discuss the challenges and issues in policy implementation and the latest trend in adopting innovative instruments. The implementation of customer efficiency programs increasingly incorporates non-price instruments to encourage participation and deep savings. States pay attention to not only code adoption and update but also compliance and evaluation.
This study examines the sources of evidence that influence decision-makers who design or develop office buildings, and aims to explain why some managers engage more in evidence-based practice (EBP) than others. A mixed methods approach is conducted that combines quantitative results from 187 senior managers in the built environment and qualitative data from 18 interviewees. The respondents evaluated the use and trustworthiness of different sources of evidence, followed by an assessment of practitioners’ adoption and understanding of EBP.
This project, “International Review of Residential Building Energy Efficiency Rating Schemes”, is the fifth project in a series of work conducted through the Building Energy Efficiency Task Group (BEET), under the International Partnership for Energy Efficiency Cooperation (IPEEC). This project report presents key governance and administrative considerations in the design of energy efficiency rating schemes, available information on the cost-effectiveness and market impact of rating schemes, barriers to uptake of schemes and lessons learned from the implementation of schemes.
Energy efficiency policies have the unique capacity to contribute to a more sustainable energy future at an economic net benefit even when co-benefits are not included in the evaluations. The purpose of this paper is to present quantitative and comparative information on the societal cost-effectiveness and the lifetime energy savings of all light eight building energy efficiency policy instruments.
This report is the first report of the ‘Energy Savings 2030’-project which seeks to help the Coalition for Energy Savings to produce a robust and timely input to the 2030 policy discussion. It brings together and summarises recent empirical evidence on costs and benefits of energy efficiency measures. The evidence gap in terms of reliable ex-post data is well known. In the majority of cases results from ex-ante modelling studies inform the debate. The research carried out for this report confirms the persistent gap in publicly available ex-post evaluations of energy efficiency programmes.
The Energy Efficiency Financial Institutions Group (“EFFIG”) identifies the need to engage multiple stakeholder groups, scale-up the use of several financial instruments within a clear and enforced “carrot and stick” legislative framework. This report identifies a number of approaches and instruments that have proven to encourage investments and multiple market barriers that stand in the way of an energy efficient Europe.
The EU and Australia have instituted significant new public policies to promote energy efficiency in the “built environment.” Many of these public policies were motivated by the same concerns that led to the pioneering voluntary initiatives of Green Building Councils (especially the LEED design certification program) and the U.S. Department of Energy’s ENERGY STAR system for buildings. However, policy initiatives on both continents are relatively new, have been recently modified, and are yet to be finalized.
In 2009, the European Union adopted high-level goals for renewable energy, energy efficiency, and greenhouse gas reductions with targets set toward the year 2020. This was followed in 2012 by adoption of the Energy Efficiency Directive (EED) (2012/27/EU), which included as a major component a requirement for Member States to create Energy Efficiency Obligations Schemes (EEOSs) on energy companies or equivalent alternative measures, and those provisions have now been in effect for three years.
This report sets out the positive and negative impacts of improvements in energy efficiency in buildings that could come about through a recast of the Energy Performance Buildings Directive (EPBD). Successive studies have shown that energy efficiency offers many of the most cost-effective options for meeting global emission targets. In many cases, energy efficiency measures have been shown to be ‘negative cost’, meaning that it would be economically advantageous to implement them.
Owing to the rapid urban growth of past decades, the refurbishment of buildings has become a central topic of city development. A key aspect of building renovations deals with energy saving, both for economic and environmental concerns. The present literature mainly focuses on technological solutions for buildings, and the related data are studied with descriptive statistics. Instead, this paper aims to evaluate the energy effectiveness of refurbishment interventions from a global sector viewpoint.
The German government has developed a variety of policy instruments intended to reduce national CO2 emissions. These instruments include a programme administered by KfW bank, which aims at improving the energy efficiency of buildings. It provides attractive credit conditions or subsidies to finance refurbishment measures which improve the energy efficiency of buildings significantly. The refurbishment programme leads to a reduction in energy use, which benefits private investors by reducing their energy bills.
The National Energy Productivity Plan (NEPP) is a package of measures to improve Australia’s energy productivity by 40% between 2015 and 2030. The NEPP is delivered jointly between the Australian Government and the state and territory governments. Energy Ministers recognised that improving energy productivity helps: businesses reduce their energy costs through innovation and modernising their infrastructure; households benefit through lower energy bills and increased home comfort; Australia reduce its greenhouse emissions.
Pricing carbon and moving toward mandatory disclosure of climate-related financial risks, as part of a broader policy package. Accelerating investment in sustainable infrastructure, supported by clear national and sub-national strategies and programmes. Harnessing the power of the private sector, including to unleash innovation and advance supply chain transparency. Ensuring a people-centred approach, such that the gains are shared equitably and the transition is just.
Low-income housing associations provide a unique opportunity for renewable energy installations, through potential scale of implementation sites, and in reducing social and financial costs to tenants. As an emerging field, a systematic review format was chosen as a method of providing a ‘state-of-the-art’ analysis for practitioners and researchers in the field of renewable energy and social housing applications. While literature reviews are common in analysis of energy applications across many fields, systematic reviews are much rarer.
Energy efficiency is a complex concept which is represented in diverse fields including engineering, economics, energy, computer sciences, environmental sciences, mathematics and physics. The social sciences literature on energy efficiency, however, remains significantly underrepresented, comprising just 2.6% of the total energy efficiency literature found in this study. Energy efficiency is an important energy policy strategy globally to reduce energy consumption, secure energy supply, and reduce greenhouse gas emissions.
While energy efficiency can contribute significantly towards improving access to modern energy services, energy sector investments in many developing countries have largely focused on increasing energy access by increasing supply. This is because the links between energy efficiency and energy access, is often overlooked. This oversight of energy efficiency is frequently a missed opportunity, as efficiency is often a very cost-effective energy resource.