By Charles P. Ries, Joseph Jenkins, Oliver Wise
This learn examines how rules to extend strength potency in structures within the eu Union and Australia have labored and attracts implications for the layout of comparable public guidelines for the USA. it seems that powerful guidelines to advertise strength potency will be devised utilizing info disclosure, construction codes, monetary incentives, and benchmarking. Insights are offered to aid designers of analogous U.S. rules.
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Additional info for Improving the Energy Performance of Buildings: Learning from the European Union and Australia (Technical Report (RAND))
Veriﬁcation can also be an issue, especially in the case of the otherwise more cost-eﬀective mass-default method. Commercial real estate may be suﬃciently unique in terms of longevity of assets, diversity of building types, and ﬁnancing and leasing characteristics to merit speciﬁcally tailored white-certiﬁcate/abatement programs such as Australia’s Eﬃcient Buildings Scheme. Measuring Program Impact Discussion Another of the challenges in designing and implementing energy eﬃciency programs in commercial real estate is ﬁnding ways to evaluate the impact of policy initiatives.
If the base period is too short, measured energy use will be aﬀected by the vagaries of weather,14 but performance data covering too long a base period can act as a disincentive to eﬃciency-directed renovation, since a building continues to carry pre-renovation energy consumption data well into the future, aﬀecting its rating (Lend Lease Corporation, Lincolne Scott, and Advanced Environmental, 2009). Operationally based ratings really measure occupant behavior, not building capability. For this reason, European Commission oﬃcials prefer design ratings, pointing out that the relative impact of occupant behavior increases with increases in building shell performance, citing an example of 42 identical houses built in Germany with identical passive-energy design features.
10 One expert we interviewed suggested that only in those oﬃce sectors that are highly sensitive to reputation are higher ratings reliably translated into higher rents. In the retail sector, all that matters are “location and footfall” (interview with British trade association oﬃcial, March 24, 2009). As noted below, the only econometric studies of the value of ratings thus far have been conducted in the oﬃce and residential real-estate markets. ) An operational-based certiﬁcate that assembles data on actual energy supplies used by a particular building and displays the information in a standard format has the advantage that it is based on hard data with an audit trail.