Energy and CO2 emission reduction potential from investment in energy efficiency building retrofits in Bangkok, Thailand
A major barrier to the widespread adoption of energy efficiency is the lack of understanding of the benefits - the investment opportunity (the returns), the cost savings, and environmental. We assess the potential of retrofits in commercial buildings in Bangkok using case studies and existing proper...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Taylor & Francis Group
2022-02-01
|
| Series: | International Journal of Sustainable Energy |
| Subjects: | |
| Online Access: | http://dx.doi.org/10.1080/14786451.2021.1906244 |
| _version_ | 1827813071001747456 |
|---|---|
| author | Christopher Charles Seeley Shobhakar Dhakal |
| author_facet | Christopher Charles Seeley Shobhakar Dhakal |
| author_sort | Christopher Charles Seeley |
| collection | DOAJ |
| description | A major barrier to the widespread adoption of energy efficiency is the lack of understanding of the benefits - the investment opportunity (the returns), the cost savings, and environmental. We assess the potential of retrofits in commercial buildings in Bangkok using case studies and existing property information. The aim is to provide insights for policy makers, building owners, and investors on the potential to reduce energy consumption and costs, and greenhouse gas emissions. Our findings suggest that by undertaking energy efficiency retrofits in Bangkok, there is the potential to reduce energy costs by approximately US123 million and reduce over 500,000 tons of CO2 emissions per year, presenting an investment opportunity of approximately US300 million, with a payback of 3.49 years. |
| first_indexed | 2024-03-11T23:27:32Z |
| format | Article |
| id | doaj.art-2fa2c79040504c80b1dc36690c094ff1 |
| institution | Directory Open Access Journal |
| issn | 1478-6451 1478-646X |
| language | English |
| last_indexed | 2024-03-11T23:27:32Z |
| publishDate | 2022-02-01 |
| publisher | Taylor & Francis Group |
| record_format | Article |
| series | International Journal of Sustainable Energy |
| spelling | doaj.art-2fa2c79040504c80b1dc36690c094ff12023-09-20T10:33:47ZengTaylor & Francis GroupInternational Journal of Sustainable Energy1478-64511478-646X2022-02-0141216418310.1080/14786451.2021.19062441906244Energy and CO2 emission reduction potential from investment in energy efficiency building retrofits in Bangkok, ThailandChristopher Charles Seeley0Shobhakar Dhakal1Asian Institute of TechnologyAsian Institute of TechnologyA major barrier to the widespread adoption of energy efficiency is the lack of understanding of the benefits - the investment opportunity (the returns), the cost savings, and environmental. We assess the potential of retrofits in commercial buildings in Bangkok using case studies and existing property information. The aim is to provide insights for policy makers, building owners, and investors on the potential to reduce energy consumption and costs, and greenhouse gas emissions. Our findings suggest that by undertaking energy efficiency retrofits in Bangkok, there is the potential to reduce energy costs by approximately US123 million and reduce over 500,000 tons of CO2 emissions per year, presenting an investment opportunity of approximately US300 million, with a payback of 3.49 years.http://dx.doi.org/10.1080/14786451.2021.1906244building retrofitsenergy efficiencyenergy savingsinvestment opportunityco2 emissions |
| spellingShingle | Christopher Charles Seeley Shobhakar Dhakal Energy and CO2 emission reduction potential from investment in energy efficiency building retrofits in Bangkok, Thailand International Journal of Sustainable Energy building retrofits energy efficiency energy savings investment opportunity co2 emissions |
| title | Energy and CO2 emission reduction potential from investment in energy efficiency building retrofits in Bangkok, Thailand |
| title_full | Energy and CO2 emission reduction potential from investment in energy efficiency building retrofits in Bangkok, Thailand |
| title_fullStr | Energy and CO2 emission reduction potential from investment in energy efficiency building retrofits in Bangkok, Thailand |
| title_full_unstemmed | Energy and CO2 emission reduction potential from investment in energy efficiency building retrofits in Bangkok, Thailand |
| title_short | Energy and CO2 emission reduction potential from investment in energy efficiency building retrofits in Bangkok, Thailand |
| title_sort | energy and co2 emission reduction potential from investment in energy efficiency building retrofits in bangkok thailand |
| topic | building retrofits energy efficiency energy savings investment opportunity co2 emissions |
| url | http://dx.doi.org/10.1080/14786451.2021.1906244 |
| work_keys_str_mv | AT christophercharlesseeley energyandco2emissionreductionpotentialfrominvestmentinenergyefficiencybuildingretrofitsinbangkokthailand AT shobhakardhakal energyandco2emissionreductionpotentialfrominvestmentinenergyefficiencybuildingretrofitsinbangkokthailand |