Investment Valuation of Building Energy Efficiency Measures &  Renewable Energy Systems 

 

New Perspective:

• Think of sustainable energy systems as investment options.

  • Example: Solar Ready Buildings

 

Design & construct the building for easy adoption of energy-efficient systems

• Utilize adaptable and modular system design that can grow over time.

 

Create a  novel risk-neutral valuation method to:

• Determine the financil value (if any) of delaying an intervention.

• Create investor’s financial risk profile of delayed intervention.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

References:

Kashani, H., Ashuri, B., Shahandashti, S.M., and Lu, J. (2015). “An Investment Valuation Model for Renewable Energy Systems in Buildings.” ASCE Journal of Construction Engineering and Management, 141(2), 04014074.

Ashuri, B., Kashani, H., and Lu, J. (2011). “An Investment Analysis Framework for Energy Retrofit in Existing Buildings.” Associated Schools of Construction International Proceedings of the 47th Annual International Conference, Omaha, Nebraska, April 6-9, 2011.

(ASC – 2011 Best Paper Award).