Fit For The (Nearly Zero Carbon) Future? Martin Russell-Croucher MRICS CEnv

Size: px
Start display at page:

Download "Fit For The (Nearly Zero Carbon) Future? Martin Russell-Croucher MRICS CEnv"

Transcription

1 Fit For The (Nearly Zero Carbon) Future? Martin Russell-Croucher MRICS CEnv

2 Future Focus Sustainability Energy Efficiency/ Security of Energy Supply Carbon Reduction Valuation

3 Security of Supply Arab Spring Russian Winter!

4 EU Carbon Reduction EU has committed to: 20% reduction in CO2 from 1990 levels by % reduction in CO2 from 1990 levels by 2050 Increasing the levels of nearly zero carbon properties significantly through the Recast of the Energy Performance of Buildings Directive

5 EU Drivers 220 million properties across EU Member States 40-50% of Europe s energy consumption is from Buildings Of the 100% energy demand for the life of a building 20% is in the construction and 80% is in the use

6 Climate Change Act 34% reduction by 2020 (on 1990 levels) 80% reduction by 2050 (on 1990 levels)

7 UK Drivers Energy Security and Green Economy Bill Green Deal Green Investment Bank Energy Performance of Buildings Directive Recast Building Regulations Cost optimal recommendations

8 UK Existing Property Stock 26 Million Properties 5 Million Solid Wall properties 3 Million Low Rise Flats 300,000 High Rise Flats

9 UK Age Range Age range Number (millions) Percentage Pre (included with ) Post

10 UK Property Types Dwelling Type Million m2 Terraced Dwellings Semi-detached dwellings Detached single dwellings Low rise apartment blocks High rise apartment blocks

11 Recast EPBD Purpose of the recast is to: extend the scope of the original Directive; strengthen certain provisions; clarify other aspects; and give public sector a leading role in promoting energy efficiency.

12 Timetable Adoption April 2010 Transposed into E&W law 1 October 2010 Voluntary EU certification scheme by 2011 Comparative Methodology Framework by 30 July 2011 Repeal of existing Directive 1 February 2012 EC publishes first triennial report on MS progress on the number of nearly zero buildings by 31 December 2012 Intermediate targets for improving energy performance of new buildings by 2015 EC evaluation of directive by 1 January 2017 New buildings occupied and owned by public authorities nearly zero energy by 31 December 2018 New buildings nearly zero energy by 31 December 2020

13 Calculation of Global Costs

14 Green Deal UK fails to meet the target of 10% renewables by 2010 Green Investment Bank Commission 550Bn investment needed to meet climate change targets for 2020 Global market 4.3 Trillion by 2015 UK market 150 million & employ 1.2 million

15 Green Deal Golden Rule The cost of finance of the improvements must be less than the savings in energy bills To be decided finance period Interest rate Dwellings likely to be ,000 No limit on non dwellings

16 Green Deal How to access the Deal?

17 Green Deal Advice EPC EPC+ Behaviour Condition? Recommendations Meet the Golden Rule? Install EPC

18 Green Deal Timetable Jan Feb Mar Apr May Jun Jul Aug Sep t Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep t Oct Develop scope of Green Deal Advisor role EPC review report Agree training/qualifica/on route and requirements for Green Deal assessors Final Policy instruc/ons Develop standards for training/ qualification Develop & release training or qualification Development of assessment tools for Green Deal Advisor First Green Deals appear Green Deal Advisors trained Green Deal assessment so9ware released for training

19

20 The options: costs and benefits Specification Costs ( ) Tonnes of CO2 saved Photovoltaics 3.5 kwp 25, Solar thermal 6m2 8, Double glazing 1.5W/ m2k Roof insulation 0.15W/ m2k Wall insulation 0.20W/ m2k 24, , , Leakage reduction 2,

21 Energy Performance and Value

22 Energy Performance and Value

23 Life Cycle Costing of Energy Life Cycle Costing is a key measurement tool for assessing the best sustainable solutions Embedded Carbon should be added to reach a true assessment of sustainability Efficiency

24 Embodied Carbon Carbon Profiling as a Solution to Whole Life Carbon Emission Measurement in Buildings

25 Recommendations A better understanding is needed of consumer behaviour drivers in the UK market. The Government should consider a single portal system similar to the approach used by CLG s planning portal. Warm Homes, Greener Homes commits the Government to setting up a new, free, universally available advice service to help people understand the potential impact of measures and compare different offers.

26 Role of the valuer Background to sustainability Defining sustainable buildings Assessing a building s sustainability characteristics Collecting evidence: inspection and other investigations Land use Design and configuration Construction materials and services Location and accessibility considerations Fiscal and legislative considerations Management and leasing issues Reflecting sustainability characteristics in the valuation VIP 13

27 Thank You