Impact of financial assumptions on the cost optimality towards nearly zero energy buildings - a case study
Abstract
13 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.
In order to achieve long-term targets for energy savings and emission reductions, substantial savings will be needed from existing buildings. For example, a recent analysis for the USA examines aggressive strategies to cut carbon emissions in half by 2040 and finds that in order to achieve this emission reduction target, more than half of existing buildings will need comprehensive energy efficiency retrofits. Germany is targeting an overall primary energy consumption reduction of 50% in 2050 including increasing building renovation rate to 2% per year.
Key messages 1. The Buildings sector of today has an oversized ecological footprint. The buildings sector is the single largest contributor to global greenhouse gas emissions (GHG), with approximately one third of global energy end use taking place within buildings. Furthermore, the construction sector is responsible for more than a third of global resource consumption, including 12 per cent of all fresh water use and significantly contributes to the generation of solid waste, estimated at 40 per cent of the total volume.
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.
This paper outlines the approach and the cost-effectiveness potential for designing and retrofitting residential buildings to be energy-efficient in Bahrain. The analysis is focused on residential buildings since these buildings consume over 48% of the total electricity used in Bahrain. The optimization analysis has the benefit to assess both at the individual building and the national building stock levels, the potential of the application of currently proven measures and technologies to improve the energy efficiency of the building sector in Bahrain.
Energy Efficiency Retrofit (EER) of existing buildings is a key program for improving building energy efficiency in northern regions of China. This paper presents a methodological framework to conduct an economic cost-benefit analysis for EER projects, based on the calculation of costs and benefits over life cycle. By conducting a case study of a retrofit project located in Huixin Western Street Residential Area, Beijing, China, this research empirically examines its economic sustainability.
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.
This chapter examines the experience of construction unions and community organizations as they enter into strategic alliances to create new markets in energy efficient systems. I focus on two recent policy initiatives: PlaNYC for the retrofitting of public and commercial properties in New York City, and Green Jobs/Green New York (GJ/GNY) for the retrofitting of non-commercial residential properties in the rest of the city and the state.
This paper evaluates the economic, environmental, and social benefits of large-scale energy efficiency programs for new and existing buildings in Qatar. Using data obtained from detailed energy audits, several proven energy efficiency measures have been analyzed through optimized based analysis to assess their impact on the energy performance for both new and existing buildings in Qatar. Moreover, a bottom-up analysis approach is considered to quantify the multiple benefits for implementing large-scale building energy efficiency programs for the building stock in Qatar.
Addressing housing-related energy consumption and emissions is a challenge in many countries. Low-energy housing, e.g. whole house retrofits and zero-energy new houses, is still rare in the United Kingdom, yet very much required to reduce emissions. This paper contributes to research on low-energy housing by adding new empirical material through analysing how specific drivers linked to knowledge, public policy and intermediary actors can influence successful projects.
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.
The demand for green buildings and to what extent firms will pay a premium price compared to conventional buildings is a lively debate. Policy instruments like the Swiss CO2-enactment and the Swiss Building Program encourage and incentivize investments in energy-efficient properties. Based on a corporate real estate survey, I investigate the premium percentage price firms are willing to pay for green buildings. On average, Swiss corporations are willing to pay a premium price of 3.0% for leasing, 4.75% for purchasing, and 5.0% for retrofitting.