In this section, you can access to the latest technical information related to the FUTURE project topic.

Economic evaluation of building energy retrofits: A fuzzy based approach

Ongoing climate action programs are prompting more stringent energy performance standards for buildings. Consequently, energy retrofitting of existing buildings has become a common climate action initiative around the world. Building owners are keen to assess the technical and financial feasibility of energy retrofitting in pre-project planning stages. Life cycle cost analysis (LCCA) involves assessment of the economic cost of an asset or a service. LCCA, which is a data-intensive process, is heavily affected by data uncertainties; however, traditional deterministic LCCA models are oblivious to data uncertainty and this can have a significant effect on the final decision. As a solution, this paper proposes a novel LCCA approach for building energy retrofits. The proposed approach calculates life cycle cost (LCC) by adopting fuzzy set theory. In order to illustrate the proposed methodology, a case study was conducted for a public building operated in the Okanagan region of British Columbia, Canada. Two energy retrofit alternatives ? a major retrofit and a deep retrofit ? were compared using the proposed fuzzy set theory-based approach and the traditional deterministic LCCA approach. Even though the deterministic result had a strong membership to the fuzzy membership function of the LCC, the range of possible LCC is wide. Use of the fuzzy-based approach would enable the forecasting of possible future LCC as a result of changes in macro-economic factors. This information would allow building managers to plan for adverse future scenarios.

» Author: Pezhman Ghadimi, Ahmad Dargi, Cathal Heavey

» Reference: Energy and Buildings, Volume 139

» Publication Date: 15/03/2017

» Source: ScienceDirect - GPP

« Go to Technological Watch



AIMPLAS Instituto Tecnológico del Plástico

C/ Gustave Eiffel, 4
(València Parc Tecnològic) - 46980
PATERNA (Valencia) - SPAIN

PHONE

(+34) 96 136 60 40

EMAIL

Project Management department - Sustainability and Industrial Recovery
life-future-project@aimplas.es