Cost Benefit Analysis Of Energy Efficient
Family Houses
Author(s)
H. Krstić & K. Čulo
Abstract
Buildings have a significant environmental impact. It is estimated that buildings
are responsible for 40 per cent of the total energy consumption in the European
Union. In this respect it should be taken into account that the major demand for
housing and primary market area for eco-efficient construction is single-family
housing. A practical goal of a low energy building is to try to achieve the highest
energy efficiency with the lowest possible need for energy within the economic
limits of reason. In the last 15–20 years, a number of projects have been carried
out aiming at energy-efficient and environmentally friendly housing. Also,
technological possibilities to reduce a building’s energy consumption have been
available for a long time. However, despite the existing vast amount of
information, no clear market change has happened. Therefore, special measures
are needed to promote commercialization. They should target both, the demand
and supply sides. On the demand side there is a need for pilot projects and case
studies that should demonstrate that the higher initial construction costs of an
energy efficient house can be offset in a short period of time by energy
consumption savings. To these end, cost-benefit analyses are needed, that would
take into account, beside the direct financial results, also the impact on the
environment. This article considers a range of variables that should be included
in such analyses. The article is part of a scientific project titled Evaluation of the
correlation between investment projects and the environment financed by the
Ministry of Science, Education and Sport of the Republic of Croatia.
Keywords: energy efficiency, family housing, cost-benefit analysis.
Keywords
energy efficiency, family housing, cost-benefit analysis.
Related Book
Other papers in this volume
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