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Economic Appraisal of Energy Efficiency in Buildings Using Cost-effectiveness Assessment

descriptionPublicationkeyboard_double_arrow_right Article 01 Jan 2015 Finland English Publisher:Elsevier BVJournal:Procedia Economics and Finance, volume 21, pages 422-430 (issn: 2212-5671, Copyright policy )
Authors: Reda, Francesco; Dawoud, Waled; Elboshy, Bahaa; Elshafei, Ghada; Negm; Abdelazim; Tuominen, Pekka;

doi: 10.1016/s2212-5671(15)00195-1

Economic Appraisal of Energy Efficiency in Buildings Using Cost-effectiveness Assessment

Abstract

The aim of this paper is to present a method and a tool based on cost-effectiveness analysis (CEA) for assessing energy efficiency improvements in buildings. The method is based on comparing costs of an energy efficiency improvement with its effects in terms of reduced energy use.Ashort review of the current practices in evaluating the economic efficiency and feasibility of energy efficiency measures is presented.A case example is presented with a calculationby using a CEA calculation method adapted for energy efficiency improvements in buildings.It is here concluded that the systematic appraisal of cost-effectiveness of energy efficiency investments would allow most economical projects to be implemented first, leading to greater overall economic efficiency.

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Finland
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Keywords

ta212, economic efficiency, construction economics, investment appraisal, Construction economics, ta519, SDG 7 - Affordable and Clean Energy, cost-effectiveness, energy efficiency

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citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
views
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33
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