Impact of financial assumptions on the cost optimality towards nearly zero energy buildings - a case study
Abstract
5 result(s) found
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.
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.
Global warming and environment problems caused by the excessive emission of greenhouse gases (GHGs), along with rapid economic development has attracted the attention of many countries and regions of the world. Reducing GHG emissions is essential to mitigate the threat of global warming. Household carbon (dioxide) emissions have been recognized as one of the most important contributors to climate change, with a significant impact on both the local and global environment, and various policy instruments have been implemented by governments to bring about the reduction.
Clean power production, buildings, and transportation are key areas for climate change mitigation. Their tighter integration decreases not only the emissions, but also the energy consumption of buildings and transportation. Energy integration and interactions between buildings and vehicles are dependent on the type of building, vehicle, and renewable energy system, as well as the local climatic conditions. The current academic literature does not provide a systematic analysis of this topic.