Latent relationships between construction cost and energy efficiency in multifamily green buildings

Author(s):  
Andrew McCoy ◽  
Dong Zhao ◽  
Yunjeong Mo ◽  
Philip Agee ◽  
Freddy Paige
2010 ◽  
Vol 100 (5) ◽  
pp. 2492-2509 ◽  
Author(s):  
Piet Eichholtz ◽  
Nils Kok ◽  
John M Quigley

This paper provides the first credible evidence on the economic value of “green buildings” derived from impersonal market transactions rather than engineering estimates. We analyze clusters of certified green and nearby buildings, establishing that “rated” buildings command substantially higher rents and selling prices than otherwise identical buildings. Variations in premiums are systematically related to energy-saving characteristics. Increased energy efficiency is associated with increased selling prices -- beyond the premiums paid for a labeled building. Evidence suggests that the intangible effects of the label itself may also play a role in determining the values of green buildings in the marketplace. (JEL G31,M14,Q52,R33)


2014 ◽  
Vol 699 ◽  
pp. 877-882
Author(s):  
A.M. Kassim ◽  
M.S. Jamri ◽  
M. Nazri Othman ◽  
Hazriq Izzuan Jaafar ◽  
S.J.S. Ismail

The impermanence changing of the climates that cause many natural disasters these days has raised the attention of us about the importance of greening towards our planet. The building sector has been verified as the major part of the global solutions. Hence, Green Rating Tools are recommended internationally to guide the developers and public in designing and developing green buildings in order to reduce the negative impact towards human health and environment due to increasing use of natural resources. The research on energy efficiency of Residential New Construction (RNC) was successfully done and analyzed by using the DIALux software and light illumination calculations.


2012 ◽  
Vol 178-181 ◽  
pp. 42-45 ◽  
Author(s):  
Rozana Binti Zakaria ◽  
Kian Seng Foo ◽  
Rosli Mohammad Zin ◽  
Jay Yang ◽  
Samaneh Zolfagharian

Green building is building that the focus is to maximize the energy efficiency and resources used. While, retrofitting is the process of renovate or refurnish the existing building. Therefore by retrofit existing buildings that comply with green building requirement, it improves the environmental attributes of the buildings. In Malaysia, existing buildings and its communities contribute over 40% of green house gases to the environment. This paper describes a study that explores the potential to retrofit existing campus buildings that response to sustainable green building standard. A validation survey was carried out and the data collected was analysed using SPSS in order to confirm the significance of retrofitting Universiti Teknologi Malaysia (UTM) buildings toward green building initiative. The results show that all the twenty eight identified green elements recorded average index of higher than 3.5 which means that there is significant needs to retrofit the existing buildings to green buildings. This study concludes that it is urgently need for the campus to response to green building requirements in order to achieve higher energy effeciency and this can be done through effective etrofitting of existing buildings.


2013 ◽  
Vol 689 ◽  
pp. 49-53 ◽  
Author(s):  
Salvatore Carlucci ◽  
Lorenzo Pagliano ◽  
Marco Pietrobon

In many countries the availability of data about the energy performance of low-energy buildings is quite limited and this lack of information refrains potential investments on green buildings. In 2004, in order to contribute to generate and collect reliable performance data, the European Commission launched the GreenBuilding (GB) Programme aimed at enhancing energy efficiency in both existing and new non-residential buildings on a voluntary basis. Under the umbrella of the GB Programme, the GreenBuildingPlus (GB+) Project operated from 2007 to 2010. One of the activities developed in the project was the creation of a European database on building energy performance. The authors developed a Data Collection Tool, which was used by building owners and their consultants to provide a detailed description of the candidate buildings and their energy efficiency and renewable energy features. In this paper, we present a selection of the results of a statistical analysis of the detailed data of 85 green buildings. The main outputs of the GB+ project are: the total primary energy saved by the 85 buildings amounted to about 115 000 MWh per year and the average percentage of savings is 54%, hence much higher than 25% requested by the GB Programme.


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