Investment in Energy

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Ergo Pikas - One of the best experts on this subject based on the ideXlab platform.

  • quantification of economic benefits of renovation of apartment buildings as a basis for cost optimal 2030 Energy efficiency strategies
    Energy and Buildings, 2015
    Co-Authors: Ergo Pikas, Jarek Kurnitski, Roode Liias, Martin Thalfeldt
    Abstract:

    Abstract As a part of the 2030 Energy and climate policy discussion, the Estonian Energy roadmap ENMAK 2030+ is being developed to set optimal national targets for 2030. Developing such a national roadmap requires solid evidence of which scenarios with varying ambition can be developed. This study looked at economic benefits, including tax revenue, job generation, and disposable net income per 1 M€ of investment, and Energy savings on both an individual and national level. in addition, economic quantification for the three scenarios was carried out. The study relied on secondary data collection with validation of the data through a sample analysis and interviews with project stakeholders. The main findings show that in all 17 jobs per 1 M€ of investment in renovation were generated per year and direct tax revenue was between 32–33%, depending on the renovation project. Results revealed that over a 20 year period, there are essentially two national Energy policy options: both the living quality and asset value brought about by integrated renovation at 160€/m 2 or alternatively, that brought about by non-Energy efficiency repairs at 31€/m 2 . The study confirms that investment in Energy efficiency is not only environmentally important but provides economic benefits on an individual and government budget level.

  • quantification of economic benefits of renovation of apartment buildings as a basis for cost optimal 2030 Energy efficiency strategies
    Energy and Buildings, 2015
    Co-Authors: Ergo Pikas, Jarek Kurnitski, Roode Liias, Martin Thalfeldt
    Abstract:

    Abstract As a part of the 2030 Energy and climate policy discussion, the Estonian Energy roadmap ENMAK 2030+ is being developed to set optimal national targets for 2030. Developing such a national roadmap requires solid evidence of which scenarios with varying ambition can be developed. This study looked at economic benefits, including tax revenue, job generation, and disposable net income per 1 M€ of investment, and Energy savings on both an individual and national level. in addition, economic quantification for the three scenarios was carried out. The study relied on secondary data collection with validation of the data through a sample analysis and interviews with project stakeholders. The main findings show that in all 17 jobs per 1 M€ of investment in renovation were generated per year and direct tax revenue was between 32–33%, depending on the renovation project. Results revealed that over a 20 year period, there are essentially two national Energy policy options: both the living quality and asset value brought about by integrated renovation at 160€/m 2 or alternatively, that brought about by non-Energy efficiency repairs at 31€/m 2 . The study confirms that investment in Energy efficiency is not only environmentally important but provides economic benefits on an individual and government budget level.

Martin Thalfeldt - One of the best experts on this subject based on the ideXlab platform.

  • quantification of economic benefits of renovation of apartment buildings as a basis for cost optimal 2030 Energy efficiency strategies
    Energy and Buildings, 2015
    Co-Authors: Ergo Pikas, Jarek Kurnitski, Roode Liias, Martin Thalfeldt
    Abstract:

    Abstract As a part of the 2030 Energy and climate policy discussion, the Estonian Energy roadmap ENMAK 2030+ is being developed to set optimal national targets for 2030. Developing such a national roadmap requires solid evidence of which scenarios with varying ambition can be developed. This study looked at economic benefits, including tax revenue, job generation, and disposable net income per 1 M€ of investment, and Energy savings on both an individual and national level. in addition, economic quantification for the three scenarios was carried out. The study relied on secondary data collection with validation of the data through a sample analysis and interviews with project stakeholders. The main findings show that in all 17 jobs per 1 M€ of investment in renovation were generated per year and direct tax revenue was between 32–33%, depending on the renovation project. Results revealed that over a 20 year period, there are essentially two national Energy policy options: both the living quality and asset value brought about by integrated renovation at 160€/m 2 or alternatively, that brought about by non-Energy efficiency repairs at 31€/m 2 . The study confirms that investment in Energy efficiency is not only environmentally important but provides economic benefits on an individual and government budget level.

  • quantification of economic benefits of renovation of apartment buildings as a basis for cost optimal 2030 Energy efficiency strategies
    Energy and Buildings, 2015
    Co-Authors: Ergo Pikas, Jarek Kurnitski, Roode Liias, Martin Thalfeldt
    Abstract:

    Abstract As a part of the 2030 Energy and climate policy discussion, the Estonian Energy roadmap ENMAK 2030+ is being developed to set optimal national targets for 2030. Developing such a national roadmap requires solid evidence of which scenarios with varying ambition can be developed. This study looked at economic benefits, including tax revenue, job generation, and disposable net income per 1 M€ of investment, and Energy savings on both an individual and national level. in addition, economic quantification for the three scenarios was carried out. The study relied on secondary data collection with validation of the data through a sample analysis and interviews with project stakeholders. The main findings show that in all 17 jobs per 1 M€ of investment in renovation were generated per year and direct tax revenue was between 32–33%, depending on the renovation project. Results revealed that over a 20 year period, there are essentially two national Energy policy options: both the living quality and asset value brought about by integrated renovation at 160€/m 2 or alternatively, that brought about by non-Energy efficiency repairs at 31€/m 2 . The study confirms that investment in Energy efficiency is not only environmentally important but provides economic benefits on an individual and government budget level.

Mihajlo Babin - One of the best experts on this subject based on the ideXlab platform.

  • cost effective Energy refurbishment of prefabricated buildings in serbia
    Cost-Effective Energy Efficient Building Retrofitting#R##N#Materials Technologies Optimization and Case Studies, 2017
    Co-Authors: Dubravka Matic, Marija S Todorovic, Jaume Roset Calzada, Milos Eric, Mihajlo Babin
    Abstract:

    Abstract in this study, a simulation-based multiobjective optimization was employed to minimize Energy loads, reduce CO2 emissions, and improve occupants’ health and comfort, considering cost effectiveness of the design approach on two buildings of different typology—high-rise and low-rise prefabricated buildings—in New Belgrade, Serbia. A series of Energy efficiency improvement measures was implemented, focusing optimization of the building’s envelope and structure Energy efficiency, indoor thermal comfort, day lighting, and natural and mixed ventilation. The main goal of the study was to verify the effectiveness of the integrated passive design technics applied in both cases, by comparative analysis considering building typology, which determined solutions and advantages for each building type (high-rise and low-rise prefabricated building). The building’s dynamic behavior in a typical meteorological year in Belgrade has been analyzed and optimized by building performance simulation, using the EnergyPlus engine within DesignBuilder software. The investment in Energy efficiency retrofitting can improve macroeconomic stability and contribute to sustainable economic growth in Serbia. Economic analyses were performed for each building type, looking for the optimal solution, considering the present economic situation in Serbia and availability of funds for refurbishment. Despite the lack of subsidies for refurbishment, all retrofit actions are economically feasible and should be pursued by the homeowners. To accomplish large Energy saving potential by restoring and renovating postwar prefabricated buildings demands large investments that are not always and instantly available.

  • economically feasible Energy refurbishment of prefabricated building in belgrade serbia
    Energy and Buildings, 2015
    Co-Authors: Dubravka Matic, Jaume Roset Calzada, Milos Eric, Mihajlo Babin
    Abstract:

    The main objective of the presented paper was to evaluate the integrated design strategies applied in refurbishment of the prefabricated residential housing, erected in '70 in the New Belgrade, Serbia, in order to achieve Energy savings accompanied with reduction of CO2 emissions and improvement of households’ health and comfort. Conducted study led to the preliminary design of Energy refurbishment of the existing building, and its conversion to Energy efficient building with minimized loads. Building's dynamic behavior and Energy efficiency have been optimized implementing BPS-Building Performance Simulation. Very significant reduction of thermal and cooling loads with the reference to the building's existing status is obtained. Refurbishment encompassed comprehensive optimization of building's envelope structure, natural and mixed ventilation. The implementation of a series of EEI (Energy efficiency improvement) measures resulted in significant reduction of buildings Energy loads. The investment in Energy efficiency retrofitting can improve macroeconomic stability and contribute to the sustainable economic growth. Furthermore, economic analyses were performed for each model, considering present economic situation in Serbia and availability of funds for refurbishment. Presented methodology and results of the performed analyses offer an opportunity to extend their application to other neighborhoods, exploring refurbishment potential results if applied on a greater urban scale.

Nicola Brandt - One of the best experts on this subject based on the ideXlab platform.

  • determinants of households investment in Energy efficiency and renewables evidence from the oecd survey on household environmental behaviour and attitudes
    Environmental Research Letters, 2015
    Co-Authors: Nadia Ameli, Nicola Brandt
    Abstract:

    This paper provides novel evidence on the main factors behind consumer choices regarding investments in Energy efficiency and renewable Energy technologies using the OECD Survey on Household Environmental Behaviour and Attitudes. The empirical analysis is based on the estimation of binary logit regression models. Empirical results suggest that households' propensity to invest in clean Energy technologies depends mainly on home ownership, income, social context and household Energy conservation practices. indeed, home owners and high-income households are more likely to invest than renters and low-income households. in addition, environmental attitudes and beliefs, as manifest in Energy conservation practices or membership in an environmental non-governmental organisation, also play a relevant role in technology adoption.

  • determinants of households investment in Energy efficiency and renewables evidence from the oecd survey on household environmental behaviour and attitudes
    Environmental Research Letters, 2015
    Co-Authors: Nadia Ameli, Nicola Brandt
    Abstract:

    Many studies on household Energy efficiency investments suggest that a wide range of seemingly profitable investments are not taken up. This paper provides novel evidence on the main factors behind consumer choices using the OECD Survey on Household Environmental Behaviour and Attitudes. The empirical analysis is based on the estimation of binary logit regression models. Empirical results suggest that households’ propensity to invest in clean Energy technologies depends mainly on home ownership, income, social context and households’ information. indeed, home owners and high-income households are more likely to invest than renters and low-income households. On the other hand, social context, such as membership in an environmental non-governmental organisation, and households’ knowledge about their Energy spending and use may play a relevant role in technology adoption. Les determinants de l'investissement des menages dans l'efficacite energetique et les energies renouvelables : Resultat de l'enquete de l'OCDE sur les comportements et attitudes des menages face aux questions d'environnement De nombreuses etudes sur les investissements des menages en matiere d'efficacite energetique suggerent qu'une large gamme d'investissements apparemment rentables n’est pas exploitee. Cette etude fournit de nouveaux elements de preuve sur les principaux facteurs qui expliquent les choix des consommateurs a l'aide de l'Enquete de l'OCDE sur les comportements et les attitudes des menages avec l’environnement. L'analyse empirique est basee sur l'estimation des modeles de regression logit binaires. Les resultats empiriques suggerent que la propension des menages a investir dans les technologies d'energie propre depend principalement de la propriete, du revenu, du contexte social et de l'information sur le sujet qu’obtiennent les menages. En effet, les proprietaires de maison et les menages a revenu eleve sont plus susceptibles d'investir que les locataires et les menages a faible revenu. D'autre part, le contexte social, tels que l'appartenance a une organisation non gouvernementale pour la protection de l'environnement, la connaissance des menages sur leurs depenses d'energie et l'utilisation peut jouer un role important dans l'adoption de la nouvelle technologie.

Roode Liias - One of the best experts on this subject based on the ideXlab platform.

  • quantification of economic benefits of renovation of apartment buildings as a basis for cost optimal 2030 Energy efficiency strategies
    Energy and Buildings, 2015
    Co-Authors: Ergo Pikas, Jarek Kurnitski, Roode Liias, Martin Thalfeldt
    Abstract:

    Abstract As a part of the 2030 Energy and climate policy discussion, the Estonian Energy roadmap ENMAK 2030+ is being developed to set optimal national targets for 2030. Developing such a national roadmap requires solid evidence of which scenarios with varying ambition can be developed. This study looked at economic benefits, including tax revenue, job generation, and disposable net income per 1 M€ of investment, and Energy savings on both an individual and national level. in addition, economic quantification for the three scenarios was carried out. The study relied on secondary data collection with validation of the data through a sample analysis and interviews with project stakeholders. The main findings show that in all 17 jobs per 1 M€ of investment in renovation were generated per year and direct tax revenue was between 32–33%, depending on the renovation project. Results revealed that over a 20 year period, there are essentially two national Energy policy options: both the living quality and asset value brought about by integrated renovation at 160€/m 2 or alternatively, that brought about by non-Energy efficiency repairs at 31€/m 2 . The study confirms that investment in Energy efficiency is not only environmentally important but provides economic benefits on an individual and government budget level.

  • quantification of economic benefits of renovation of apartment buildings as a basis for cost optimal 2030 Energy efficiency strategies
    Energy and Buildings, 2015
    Co-Authors: Ergo Pikas, Jarek Kurnitski, Roode Liias, Martin Thalfeldt
    Abstract:

    Abstract As a part of the 2030 Energy and climate policy discussion, the Estonian Energy roadmap ENMAK 2030+ is being developed to set optimal national targets for 2030. Developing such a national roadmap requires solid evidence of which scenarios with varying ambition can be developed. This study looked at economic benefits, including tax revenue, job generation, and disposable net income per 1 M€ of investment, and Energy savings on both an individual and national level. in addition, economic quantification for the three scenarios was carried out. The study relied on secondary data collection with validation of the data through a sample analysis and interviews with project stakeholders. The main findings show that in all 17 jobs per 1 M€ of investment in renovation were generated per year and direct tax revenue was between 32–33%, depending on the renovation project. Results revealed that over a 20 year period, there are essentially two national Energy policy options: both the living quality and asset value brought about by integrated renovation at 160€/m 2 or alternatively, that brought about by non-Energy efficiency repairs at 31€/m 2 . The study confirms that investment in Energy efficiency is not only environmentally important but provides economic benefits on an individual and government budget level.