Selection of Energy Efficiency Projects for Dwelling Stock to Achieve Optimal Project Portfolio at the Regional Level by Applying LCC. An Analysis Based on Three Scenarios in the South-Muntenia Region of Romania

The joint action of the European directives and the national strategies make the issue of energy efficiency of the dwelling stock one of the main research directions in the field. The purpose of this study is to create and apply a methodology for developing the portfolio of projects to increase the...

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Main Authors: Cezar-Petre Simion, Ciprian Nicolescu, Mihai Cioc
Format: Article
Language:English
Published: MDPI AG 2018-06-01
Series:Energies
Subjects:
Online Access:http://www.mdpi.com/1996-1073/11/6/1586
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author Cezar-Petre Simion
Ciprian Nicolescu
Mihai Cioc
author_facet Cezar-Petre Simion
Ciprian Nicolescu
Mihai Cioc
author_sort Cezar-Petre Simion
collection DOAJ
description The joint action of the European directives and the national strategies make the issue of energy efficiency of the dwelling stock one of the main research directions in the field. The purpose of this study is to create and apply a methodology for developing the portfolio of projects to increase the energy efficiency of the dwelling stock at a regional level through the use of life cycle cost. For this, eight types of energy efficiency improvement projects and three implementation scenarios were selected for the dwelling stock. For each project life cycle cost was determined in each county of the South-Muntenia region based on the estimation of the energy requirements, the costs of implementation and exploitation. In all three scenarios, the P3 Energy Efficiency Project (the reference building without shutters under the Romanian normative) had minimal life cycle cost in most counties in the region. For each scenario the life cycle cost was determined for the optimal portfolio of projects at regional level. The maximum scenario was chosen as the optimal scenario for regional implementation.
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spelling doaj.art-43c69d95384d4aaaa4580be33d6f08d82022-12-22T02:08:05ZengMDPI AGEnergies1996-10732018-06-01116158610.3390/en11061586en11061586Selection of Energy Efficiency Projects for Dwelling Stock to Achieve Optimal Project Portfolio at the Regional Level by Applying LCC. An Analysis Based on Three Scenarios in the South-Muntenia Region of RomaniaCezar-Petre Simion0Ciprian Nicolescu1Mihai Cioc2Department of Management, The Bucharest University of Economic Studies, București 010374, RomaniaDepartment of Management, The Bucharest University of Economic Studies, București 010374, RomaniaDepartment of Management, The Bucharest University of Economic Studies, București 010374, RomaniaThe joint action of the European directives and the national strategies make the issue of energy efficiency of the dwelling stock one of the main research directions in the field. The purpose of this study is to create and apply a methodology for developing the portfolio of projects to increase the energy efficiency of the dwelling stock at a regional level through the use of life cycle cost. For this, eight types of energy efficiency improvement projects and three implementation scenarios were selected for the dwelling stock. For each project life cycle cost was determined in each county of the South-Muntenia region based on the estimation of the energy requirements, the costs of implementation and exploitation. In all three scenarios, the P3 Energy Efficiency Project (the reference building without shutters under the Romanian normative) had minimal life cycle cost in most counties in the region. For each scenario the life cycle cost was determined for the optimal portfolio of projects at regional level. The maximum scenario was chosen as the optimal scenario for regional implementation.http://www.mdpi.com/1996-1073/11/6/1586energyefficiencyprojectsportfoliolife cycle cost
spellingShingle Cezar-Petre Simion
Ciprian Nicolescu
Mihai Cioc
Selection of Energy Efficiency Projects for Dwelling Stock to Achieve Optimal Project Portfolio at the Regional Level by Applying LCC. An Analysis Based on Three Scenarios in the South-Muntenia Region of Romania
Energies
energy
efficiency
projects
portfolio
life cycle cost
title Selection of Energy Efficiency Projects for Dwelling Stock to Achieve Optimal Project Portfolio at the Regional Level by Applying LCC. An Analysis Based on Three Scenarios in the South-Muntenia Region of Romania
title_full Selection of Energy Efficiency Projects for Dwelling Stock to Achieve Optimal Project Portfolio at the Regional Level by Applying LCC. An Analysis Based on Three Scenarios in the South-Muntenia Region of Romania
title_fullStr Selection of Energy Efficiency Projects for Dwelling Stock to Achieve Optimal Project Portfolio at the Regional Level by Applying LCC. An Analysis Based on Three Scenarios in the South-Muntenia Region of Romania
title_full_unstemmed Selection of Energy Efficiency Projects for Dwelling Stock to Achieve Optimal Project Portfolio at the Regional Level by Applying LCC. An Analysis Based on Three Scenarios in the South-Muntenia Region of Romania
title_short Selection of Energy Efficiency Projects for Dwelling Stock to Achieve Optimal Project Portfolio at the Regional Level by Applying LCC. An Analysis Based on Three Scenarios in the South-Muntenia Region of Romania
title_sort selection of energy efficiency projects for dwelling stock to achieve optimal project portfolio at the regional level by applying lcc an analysis based on three scenarios in the south muntenia region of romania
topic energy
efficiency
projects
portfolio
life cycle cost
url http://www.mdpi.com/1996-1073/11/6/1586
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AT cipriannicolescu selectionofenergyefficiencyprojectsfordwellingstocktoachieveoptimalprojectportfolioattheregionallevelbyapplyinglccananalysisbasedonthreescenariosinthesouthmunteniaregionofromania
AT mihaicioc selectionofenergyefficiencyprojectsfordwellingstocktoachieveoptimalprojectportfolioattheregionallevelbyapplyinglccananalysisbasedonthreescenariosinthesouthmunteniaregionofromania