Energy Efficiency and Energy Savings: A View from the Building Sector
A survey of senior building sector executives on the feasibility of implementing energy efficiency measures across their sector in China, Europe, India and the U.S.
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A survey of senior building sector executives on the feasibility of implementing energy efficiency measures across their sector in China, Europe, India and the U.S.
Briefing
A survey of senior building sector executives on the feasibility of implementing energy efficiency measures across their sector in China, Europe, India and the U.S.
Highlights
A survey of senior building sector executives on the feasibility of implementing energy efficiency measures across their sector in China, Europe, India and the U.S.
Case Study
A survey of senior building sector executives on the feasibility of implementing energy efficiency measures across their sector in China, Europe, India and the U.S.
Energy saving is a major policy objective worldwide and in the EU in particular. Evaluating the convenience of energy-efficient investments, however, is complex. This paper aims to apply stochastic Life Cycle Costing to assess the economic value of energy-efficient building retrofitting investments. The proposed approach investigates how macroeconomic variables affect such an evaluation by explicitly taking into account their interdependent stochastic nature.
Many recent major studies, including the IPCC’s Fourth Assessment Report, have attested that energy efficiency is humanity’s prime option to combat climate change in the short- to mid-term. The potential to avoid CO2 emissions cost-effectively has been reported to be significant through efficiency policies. However, the review of global research findings on the quantification of cost-effectiveness of opportunities through improved efficiency has highlighted that there is a major shortcoming in the vast majority of such calculations.
An overview of climate change mitigation opportunities in the world's buildings is presented, based on the key building-specific findings of the Fourth Assessment Report from the Intergovernmental Panel of Climate Change. Buildings and the building stock can play a major role in mitigating climate change in the short- to medium-term, since substantial reductions in CO2 emissions from their energy use can be achieved over the coming years.