Impact of financial assumptions on the cost optimality towards nearly zero energy buildings - a case study
Abstract
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This study presents a summary of green building research through a bibliometric approach. A total of 2980 articles published in 2000–2016 were reviewed and analyzed. The results indicated that green building research had been concentrated on the subject categories of engineering, environmental sciences & ecology, and construction & building technology, and the keywords ‘building envelope’ and ‘living wall’ obtained citation bursts in the recent years.
Cost savings from efficiency gains are at the core of the green building business case. Significantly lower energy bills are said to be a major factor in the green rent premium observed in earlier studies. Our study tests this relationship by inferring energy costs from operating expenses for a large dataset of U.S. office buildings and relating them to rental rates. We find that eco-certification is associated with a higher than anticipated total energy expenditure, which is the opposite of its expected effect.