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Energy saving potential for corporate property: system dynamic approach

Author

Listed:
  • Brano Glumac
  • Oosterbaan Marieke
  • Wim Schaefer

Abstract

Within the maintenance activities of non-residential real estate, there is a substantial potential to implement energy efficiency measures leading to the reduction of energy consumption. A focus on the optimization of energy usage can contribute to lowering overall maintenance and energy costs, preserving the technical performance of a building, and realizing energy saving objectives. Therefore a dynamic assessment tool to support an optimal energy usage in a non-residential building was developed. The tool is based on a system dynamic model that has sensitive variables for: two potential maintenance scenarios, external factors, and case specific conditions. In addition, by introducing a case study of Nijmegen City Hall the assessment tool has been verified.

Suggested Citation

  • Brano Glumac & Oosterbaan Marieke & Wim Schaefer, 2014. "Energy saving potential for corporate property: system dynamic approach," ERES eres2014_66, European Real Estate Society (ERES).
  • Handle: RePEc:arz:wpaper:eres2014_66
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    More about this item

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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