Economic appraisal of energy efficiency in buildings using cost-effectiveness assessment

Pekka Tuominen (Corresponding Author), Francesco Reda, Waled Dawoud, Bahaa Elboshy, Ghada Elshafei, Abdelazim Negm

Research output: Contribution to journalArticleScientificpeer-review

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.
Original languageEnglish
Pages (from-to)422-430
JournalProcedia Economics and Finance
Volume21
DOIs
Publication statusPublished - 2015
MoE publication typeA1 Journal article-refereed
Event8th Nordic Conference on Construction Economics and Organization, 28 - 29 May 2015, Tampere, Finland -
Duration: 1 Jan 2015 → …

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Cost effectiveness
Energy efficiency
Economics
Costs

Keywords

  • construction economics
  • cost-effectiveness
  • economic efficiency
  • energy efficiency
  • investment appraisal

Cite this

Tuominen, Pekka ; Reda, Francesco ; Dawoud, Waled ; Elboshy, Bahaa ; Elshafei, Ghada ; Negm, Abdelazim. / Economic appraisal of energy efficiency in buildings using cost-effectiveness assessment. In: Procedia Economics and Finance. 2015 ; Vol. 21. pp. 422-430.
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Economic appraisal of energy efficiency in buildings using cost-effectiveness assessment. / Tuominen, Pekka (Corresponding Author); Reda, Francesco; Dawoud, Waled; Elboshy, Bahaa; Elshafei, Ghada; Negm, Abdelazim.

In: Procedia Economics and Finance, Vol. 21, 2015, p. 422-430.

Research output: Contribution to journalArticleScientificpeer-review

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AU - Negm, Abdelazim

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