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Selection of Energy Efficiency Projects for Dwelling Stock to Achieve Optimal Project Portfolio at the Regional Level by Applying LCC. An Analysis Based on Three Scenarios in the South-Muntenia Region of Romania

Cezar-Petre Simion (), Ciprian Nicolescu () and Mihai Cioc
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Cezar-Petre Simion: Department of Management, The Bucharest University of Economic Studies, București 010374, Romania
Ciprian Nicolescu: Department of Management, The Bucharest University of Economic Studies, București 010374, Romania

Energies, 2018, vol. 11, issue 6, 1-21

Abstract: The joint action of the European directives and the national strategies make the issue of energy efficiency of the dwelling stock one of the main research directions in the field. The purpose of this study is to create and apply a methodology for developing the portfolio of projects to increase the energy efficiency of the dwelling stock at a regional level through the use of life cycle cost. For this, eight types of energy efficiency improvement projects and three implementation scenarios were selected for the dwelling stock. For each project life cycle cost was determined in each county of the South-Muntenia region based on the estimation of the energy requirements, the costs of implementation and exploitation. In all three scenarios, the P3 Energy Efficiency Project (the reference building without shutters under the Romanian normative) had minimal life cycle cost in most counties in the region. For each scenario the life cycle cost was determined for the optimal portfolio of projects at regional level. The maximum scenario was chosen as the optimal scenario for regional implementation.

Keywords: energy; efficiency; projects; portfolio; life cycle cost (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2018
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