Trends, Costs, and Benefits of Green Certification of Office Buildings: A Polish Perspective

Edyta Plebankiewicz, Michał Juszczyk and Renata Kozik
Additional contact information
Edyta Plebankiewicz: Institute of Construction Management Cracow University of Technology, Warszawska 24, 31-155 Kraków, Poland
Michał Juszczyk: Institute of Construction Management Cracow University of Technology, Warszawska 24, 31-155 Kraków, Poland
Renata Kozik: Institute of Construction Management Cracow University of Technology, Warszawska 24, 31-155 Kraków, Poland

Sustainability, 2019, vol. 11, issue 8, 1-17

Abstract: Green buildings may become the solution to the problem of high energy consumption, including those that are subject to verification by the relevant institutions issuing green certificates. The aim of the paper is an analysis and a brief discussion of trends related to the certification of office buildings in Poland. At the end of 2017, almost 9.7 million m 2 of modern office space was available in Poland, of which 62% was a certified area. This constitutes a five percent increase in the share of certified office space in relation to the total modern office space available during 2017. In order to compare the costs and benefits of certified buildings, the costs of an office building and a certified building were simulated. The comparison was made using the idea of costs in the life cycle and calculating the Life Cycle Cost. The difference between the base building and the green one was mainly based on obtaining higher Net Present Value with lower investment expenditures for the green building. There was also a clear difference between the beginning of investment profitability for the different levels of rent.

Keywords: green certificates; office building; life cycle cost (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
https://www.mdpi.com/2071-1050/11/8/2359/pdf (application/pdf)
https://www.mdpi.com/2071-1050/11/8/2359/ (text/html)

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:gam:jsusta:v:11:y:2019:i:8:p:2359-:d:224466

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().