From Buildings to Communities: Exploring the Role of Financial Schemes for Sustainable Plus Energy Neighborhoods

The realization of sustainable plus energy neighborhoods (SPENs) is key to achieving a carbon neutral built environment, and meeting the objectives of the green deal. Financial schemes have demonstrated effectiveness in driving the energy transition of individual buildings. However, the role of fina...

Full description

Bibliographic Details
Main Authors: Andrea Kerstens, Angela Greco
Format: Article
Language:English
Published: MDPI AG 2023-07-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/16/14/5453
_version_ 1797589447961739264
author Andrea Kerstens
Angela Greco
author_facet Andrea Kerstens
Angela Greco
author_sort Andrea Kerstens
collection DOAJ
description The realization of sustainable plus energy neighborhoods (SPENs) is key to achieving a carbon neutral built environment, and meeting the objectives of the green deal. Financial schemes have demonstrated effectiveness in driving the energy transition of individual buildings. However, the role of financial schemes in initiating the development of SPENs remains unclear. This study aims to address this research gap by investigating the extent to which existing financial schemes support the technological advancements and stakeholders involved in SPEN realization. The focus is on four European countries: Austria, The Netherlands, Norway, and Spain, where noteworthy SPEN initiatives have been established. This study investigates whether and how financial schemes facilitate SPEN development and address the neighborhood-level dynamics. Our research used a mixed-methods approach comprising a literature review, case studies, and interviews. Our findings shed light on two significant barriers within current schemes. Firstly, the schemes rarely incentivize collective energy sharing and may inadvertently impede individuals’ prosumerism. Secondly, they primarily favor individuals capable of making upfront capital investments, rendering them inaccessible to a large portion of European citizens. By identifying these limitations, our study highlights the need for policy adjustments and innovative financial mechanisms to overcome the barriers hindering SPEN implementation. Moreover, our research contributes to the broader understanding of sustainable urban development and offers insights that extend beyond the examined countries, aiding policymakers and stakeholders in other regions facing similar challenges.
first_indexed 2024-03-11T01:06:50Z
format Article
id doaj.art-78f700a7924f4ca09912f4f284847441
institution Directory Open Access Journal
issn 1996-1073
language English
last_indexed 2024-03-11T01:06:50Z
publishDate 2023-07-01
publisher MDPI AG
record_format Article
series Energies
spelling doaj.art-78f700a7924f4ca09912f4f2848474412023-11-18T19:10:34ZengMDPI AGEnergies1996-10732023-07-011614545310.3390/en16145453From Buildings to Communities: Exploring the Role of Financial Schemes for Sustainable Plus Energy NeighborhoodsAndrea Kerstens0Angela Greco1Department of Strategic Business Analysis, TNO, 2595 DA The Hague, The NetherlandsDepartment of Strategic Business Analysis, TNO, 2595 DA The Hague, The NetherlandsThe realization of sustainable plus energy neighborhoods (SPENs) is key to achieving a carbon neutral built environment, and meeting the objectives of the green deal. Financial schemes have demonstrated effectiveness in driving the energy transition of individual buildings. However, the role of financial schemes in initiating the development of SPENs remains unclear. This study aims to address this research gap by investigating the extent to which existing financial schemes support the technological advancements and stakeholders involved in SPEN realization. The focus is on four European countries: Austria, The Netherlands, Norway, and Spain, where noteworthy SPEN initiatives have been established. This study investigates whether and how financial schemes facilitate SPEN development and address the neighborhood-level dynamics. Our research used a mixed-methods approach comprising a literature review, case studies, and interviews. Our findings shed light on two significant barriers within current schemes. Firstly, the schemes rarely incentivize collective energy sharing and may inadvertently impede individuals’ prosumerism. Secondly, they primarily favor individuals capable of making upfront capital investments, rendering them inaccessible to a large portion of European citizens. By identifying these limitations, our study highlights the need for policy adjustments and innovative financial mechanisms to overcome the barriers hindering SPEN implementation. Moreover, our research contributes to the broader understanding of sustainable urban development and offers insights that extend beyond the examined countries, aiding policymakers and stakeholders in other regions facing similar challenges.https://www.mdpi.com/1996-1073/16/14/5453SPENPEDfinancing opportunitiesfinancingfinancial mechanismsbuilt environment
spellingShingle Andrea Kerstens
Angela Greco
From Buildings to Communities: Exploring the Role of Financial Schemes for Sustainable Plus Energy Neighborhoods
Energies
SPEN
PED
financing opportunities
financing
financial mechanisms
built environment
title From Buildings to Communities: Exploring the Role of Financial Schemes for Sustainable Plus Energy Neighborhoods
title_full From Buildings to Communities: Exploring the Role of Financial Schemes for Sustainable Plus Energy Neighborhoods
title_fullStr From Buildings to Communities: Exploring the Role of Financial Schemes for Sustainable Plus Energy Neighborhoods
title_full_unstemmed From Buildings to Communities: Exploring the Role of Financial Schemes for Sustainable Plus Energy Neighborhoods
title_short From Buildings to Communities: Exploring the Role of Financial Schemes for Sustainable Plus Energy Neighborhoods
title_sort from buildings to communities exploring the role of financial schemes for sustainable plus energy neighborhoods
topic SPEN
PED
financing opportunities
financing
financial mechanisms
built environment
url https://www.mdpi.com/1996-1073/16/14/5453
work_keys_str_mv AT andreakerstens frombuildingstocommunitiesexploringtheroleoffinancialschemesforsustainableplusenergyneighborhoods
AT angelagreco frombuildingstocommunitiesexploringtheroleoffinancialschemesforsustainableplusenergyneighborhoods