MANGOret: An optimization framework for the long-term investment planning of building multi-energy system and envelope retrofits
Ivalin Petkov,
Georgios Mavromatidis,
Christof Knoeri,
James Allan and
Volker H. Hoffmann
Applied Energy, 2022, vol. 314, issue C, No S0306261922003269
Abstract:
This study presents MANGOret (Multi-stAge eNerGy Optimization — retrofitting), a novel optimization framework and model for the long-term investment planning of existing building retrofits. MANGOret bridges the methodological gaps between energy system modeling and real estate management to present a scalable framework to optimize both energy and non-energy costs while considering building value. With a 2050 horizon, MANGOret is able to harness the strategic value of investment flexibility to optimally phase investments across the multi-objective cost and CO2 emission decision space considering both operational and embodied emissions.
Keywords: Building retrofitting; Decentralized multi-energy systems; Real estate investment planning; Multi-stage optimization; Renewable energy; Mixed-integer linear programming (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (9)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:appene:v:314:y:2022:i:c:s0306261922003269
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DOI: 10.1016/j.apenergy.2022.118901
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