Energy Performance of Building Refurbishments: Predictive and Prescriptive AI-based Machine Learning Approaches
Christian Gnekpe,
Dieudonné Tchuente,
Serge Nyawa and
Prasanta Kumar Dey
Journal of Business Research, 2024, vol. 183, issue C
Abstract:
The energy performance (EP) of buildings is critical for European governments to meet their decarbonization targets by 2050. In the context of European Union (EU) policies, which subsidize citizen-led building renovations, it is imperative to ascertain the efficacy of these renovations in significantly enhancing EP. This study relies on six AI-based machine learning (ML) algorithms to identify key predictors and prescribe measures for enhancing post-renovation EP in building refurbishments. The gradient boosting model outperforms the other ML models with an accuracy rate of 84.34 % as the most effective predictive model. Moreover, an analysis of numerous predictors in the experiment showed that implementing modern energy-efficient heating systems, optimizing dwelling characteristics, regular maintenance, investing in high-performance insulation materials, and understanding the dynamics of the occupants were relevant prescriptions for efficient energy-saving strategies. The results should enable market actors to make optimal decisions regarding EP refurbishments.
Keywords: Energy efficiency; Machine learning; Artificial intelligence; Predictor importance open data; France (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jbrese:v:183:y:2024:i:c:s0148296324003254
DOI: 10.1016/j.jbusres.2024.114821
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