Understanding the deterministic and probabilistic business cases for occupant based plug load management strategies in commercial office buildings
S. Wang,
A.A. Kim and
E.M. Johnson
Applied Energy, 2017, vol. 191, issue C, 398-413
Abstract:
Plug load monitoring and associated occupant behavior interventions can play a critical role in reducing commercial building energy consumption. This study investigates whether the reduction in building energy consumption justify the added cost of plug load monitoring and occupant energy saving interventions. The objective of this study is to conduct deterministic and probabilistic return-on-investment (ROI) analysis of instrumenting workspaces, monitoring plug load usage, and applying interventions to promote building energy reduction. The study uses the findings of actual occupant energy saving intervention investigations conducted with city and federal government offices in which the association between occupant energy savings interventions and energy use risk was evaluated. While the deterministic approach led to a positive net present value, the interventions failed to recapture the initial investment, and operational expenses given the uncertainties in the estimate of costs and energy use. The mean ten-year net present value was −$3914 at a 6% discount rate considering all U.S. states. From the project manager’s perspective, other non-energy benefits can justify the additional resources.
Keywords: Energy management; Energy efficiency; Energy consumption; Occupant behavior; Commercial buildings; Return-on-investment (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0306261917300910
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:appene:v:191:y:2017:i:c:p:398-413
Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/405891/bibliographic
http://www.elsevier. ... 405891/bibliographic
DOI: 10.1016/j.apenergy.2017.01.082
Access Statistics for this article
Applied Energy is currently edited by J. Yan
More articles in Applied Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().