Impact of financial assumptions on the cost optimality towards nearly zero energy buildings - a case study
Abstract
20 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 paper introduces the major state-level regulations and policies for improving energy efficiency in buildings. The purpose of the review is to discuss the challenges and issues in policy implementation and the latest trend in adopting innovative instruments. The implementation of customer efficiency programs increasingly incorporates non-price instruments to encourage participation and deep savings. States pay attention to not only code adoption and update but also compliance and evaluation.
This study examines the sources of evidence that influence decision-makers who design or develop office buildings, and aims to explain why some managers engage more in evidence-based practice (EBP) than others. A mixed methods approach is conducted that combines quantitative results from 187 senior managers in the built environment and qualitative data from 18 interviewees. The respondents evaluated the use and trustworthiness of different sources of evidence, followed by an assessment of practitioners’ adoption and understanding of EBP.
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.
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 policies have the unique capacity to contribute to a more sustainable energy future at an economic net benefit even when co-benefits are not included in the evaluations. The purpose of this paper is to present quantitative and comparative information on the societal cost-effectiveness and the lifetime energy savings of all light eight building energy efficiency policy instruments.
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 is the first report of the ‘Energy Savings 2030’-project which seeks to help the Coalition for Energy Savings to produce a robust and timely input to the 2030 policy discussion. It brings together and summarises recent empirical evidence on costs and benefits of energy efficiency measures. The evidence gap in terms of reliable ex-post data is well known. In the majority of cases results from ex-ante modelling studies inform the debate. The research carried out for this report confirms the persistent gap in publicly available ex-post evaluations of energy efficiency programmes.
The Energy Efficiency Financial Institutions Group (“EFFIG”) identifies the need to engage multiple stakeholder groups, scale-up the use of several financial instruments within a clear and enforced “carrot and stick” legislative framework. This report identifies a number of approaches and instruments that have proven to encourage investments and multiple market barriers that stand in the way of an energy efficient Europe.
The EU and Australia have instituted significant new public policies to promote energy efficiency in the “built environment.” Many of these public policies were motivated by the same concerns that led to the pioneering voluntary initiatives of Green Building Councils (especially the LEED design certification program) and the U.S. Department of Energy’s ENERGY STAR system for buildings. However, policy initiatives on both continents are relatively new, have been recently modified, and are yet to be finalized.
Owing to the rapid urban growth of past decades, the refurbishment of buildings has become a central topic of city development. A key aspect of building renovations deals with energy saving, both for economic and environmental concerns. The present literature mainly focuses on technological solutions for buildings, and the related data are studied with descriptive statistics. Instead, this paper aims to evaluate the energy effectiveness of refurbishment interventions from a global sector viewpoint.
The German government has developed a variety of policy instruments intended to reduce national CO2 emissions. These instruments include a programme administered by KfW bank, which aims at improving the energy efficiency of buildings. It provides attractive credit conditions or subsidies to finance refurbishment measures which improve the energy efficiency of buildings significantly. The refurbishment programme leads to a reduction in energy use, which benefits private investors by reducing their energy bills.
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.
Low-income housing associations provide a unique opportunity for renewable energy installations, through potential scale of implementation sites, and in reducing social and financial costs to tenants. As an emerging field, a systematic review format was chosen as a method of providing a ‘state-of-the-art’ analysis for practitioners and researchers in the field of renewable energy and social housing applications. While literature reviews are common in analysis of energy applications across many fields, systematic reviews are much rarer.
Energy efficiency is a complex concept which is represented in diverse fields including engineering, economics, energy, computer sciences, environmental sciences, mathematics and physics. The social sciences literature on energy efficiency, however, remains significantly underrepresented, comprising just 2.6% of the total energy efficiency literature found in this study. Energy efficiency is an important energy policy strategy globally to reduce energy consumption, secure energy supply, and reduce greenhouse gas emissions.
While energy efficiency can contribute significantly towards improving access to modern energy services, energy sector investments in many developing countries have largely focused on increasing energy access by increasing supply. This is because the links between energy efficiency and energy access, is often overlooked. This oversight of energy efficiency is frequently a missed opportunity, as efficiency is often a very cost-effective energy resource.
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.
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.