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Enigin News

Energy Efficiency Makes Financial Sense - Davos

Energy Efficiency Makes Financial Sense - Davos

The World Economic Forum in Davos, Switzerland has been taking place this week dealing with many global topics and, quite rightly, in one of the meetings energy efficiency was a major concern.

The discussion confirmed that it makes financial sense to make existing buildings energy efficient by retrofitting energy efficient solutions, such as the ones available from Enigin Distributors.

Colin Dyer, CEO of Jones Long LaSalle, wrote from Davos on his blog about the discussions when he chaired the Governors Meeting for Real Estate.

The meeting involved 50 senior people from the real estate, hotel and financial sectors.

Presentations were made and discussions ensued about the importance of retrofitting energy efficiency into existing real estate.

Dyer commented that the meeting highlighted that the big problem about energy management and carbon emissions from real estate is not so much building new properties effectively, but retrofitting energy efficiency into the vast majority of existing commercial property, which will still be with us in 2050.

Dyer reported on his blog the principal points made by the speakers:

  • There is quick financial payback from investing in technologies.
     
  • Building costs are 20 percent of the life-cycle energy costs of real estate, and therefore there are big benefits in lowering the cost of that 80 percent tail.
     
  • LEED has become a very effective international marketing tool for building efficiency.
     
  • The world has to develop and implement ‘green leases’ to allow the benefits and costs of retrofitting to be shared between owners and occupiers.
     
  • There are big business opportunities in improving efficiency.

Dyer observed that the appetite for sustainability hasn’t dampened during the past year and in fact seems stronger, primarily driven by the real cost savings potential of energy efficiency – hence many community and business leaders are turning to their local Enigin Distributors for intelligent, automated energy saving solutions.

Friday 29th January 2010