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Evaluation of cost-optimal retrofit investment in buildings: the case of Bragança fire station, Portugal

dc.contributor.authorCova, Sónia
dc.contributor.authorAndrade, Carlos A.R.
dc.contributor.authorSoares, Orlando
dc.contributor.authorLopes, Jorge
dc.date.accessioned2021-08-05T14:38:51Z
dc.date.available2021-08-05T14:38:51Z
dc.date.issued2021
dc.description.abstractOffice buildings built before the entry into force of the first thermal regulation in 1991 constitute a relevant group for analysing the energy performance of the Portuguese building sector. A dynamic energy simulation was used to assess the energy performance of an existing office building located in the town of Bragança, Portugal. Four energy efficiency measures were selected and a financial evaluation through the internal rate of return (IRR) method was undertaken to choose the best retrofit option for improving the building’s energy performance. An investment package consisting of the roof insulation and a new equipment for the domestic hot water system presented an IRR higher than the discount rate used in the analysis, and, thus, a positive financial return. The results of the study also suggest that the EU’s comparative methodology framework is not particularly suitable for assessing building retrofit investment at the private investor’s perspective and further refinement in the cost-effective approach to renovations is needed to help stimulate building’s energy renovation market. Suggestions for further studies conducted for office buildings in the different climate zones in Portugal are also proposed.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationCova, Sónia; Andrade, Carlos; Soares, Orlando; Lopes, Jorge (2021). Evaluation of cost-optimal retrofit investment in buildings: the case of Bragança fire station, Portugal. International Journal of Strategic Property Management. ISSN 1648-715X. 25:5, p. 369-381pt_PT
dc.identifier.doi10.3846/ijspm.2021.15082pt_PT
dc.identifier.issn1648-715X
dc.identifier.urihttp://hdl.handle.net/10198/23804
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/pt_PT
dc.subjectBuilding retrofittingpt_PT
dc.subjectCost-optimalitypt_PT
dc.subjectDynamic energy simulationpt_PT
dc.subjectEconomic assessmentpt_PT
dc.subjectEnergy performancept_PT
dc.subjectService buildingpt_PT
dc.titleEvaluation of cost-optimal retrofit investment in buildings: the case of Bragança fire station, Portugalpt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.citation.endPage381pt_PT
oaire.citation.issue5pt_PT
oaire.citation.startPage369pt_PT
oaire.citation.titleInternational Journal of Strategic Property Managementpt_PT
oaire.citation.volume25pt_PT
person.familyNameAndrade
person.familyNameSoares
person.familyNameLopes
person.givenNameCarlos A.R.
person.givenNameOrlando
person.givenNameJorge
person.identifier2190025
person.identifier.ciencia-id761D-A604-F72B
person.identifier.ciencia-id6B1D-E906-C118
person.identifier.ciencia-idC717-48BF-73F7
person.identifier.orcid0000-0002-5661-2538
person.identifier.orcid0000-0002-7731-5102
person.identifier.orcid0000-0002-4799-0166
person.identifier.ridO-4067-2015
person.identifier.ridAAK-2127-2020
person.identifier.scopus-author-id56370132600
person.identifier.scopus-author-id7202732761
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT
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relation.isAuthorOfPublication615c6198-e821-41f9-86d2-a96fd64888fa
relation.isAuthorOfPublication00b52a70-b4c9-4bcb-ba11-8736c0690411
relation.isAuthorOfPublication.latestForDiscovery00b52a70-b4c9-4bcb-ba11-8736c0690411

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