Impact of financial assumptions on the cost optimality towards nearly zero energy buildings - a case study
Abstract
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People spend most of their time inside buildings, and buildings are responsible for approximately one third of total direct and indirect energy-related worldwide carbon emissions. Likewise, buildings in the U.S. account for about 40% of total U.S. energy consumption. Future building development will be driven not only by emerging challenges such as vulnerability to a changing climate and resource scarcity, but also by disruptive innovations and societal changes.
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.
The built environment accounts for approximately forty percent of the total energy consumption in developed countries. Because buildings have a long life, the greatest opportunity for energy reduction in the built environment will come from energy conservation in the existing building stock. An overview of the policy challenges presented by the built environment, with an emphasis on existing facilities, is accompanied by a discussion of specific technologies that may have the potential to reduce energy use.