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The role of economic and policy variables in energy-efficient retrofitting assessment. A stochastic Life Cycle Costing methodology

Text
English
Authors:
Edoardo Baldoni,
Silvia Coderoni,
Marco D'Orazio,
Elisa Di Giuseppe,
Roberto Esposti

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.

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