You have not accepted cookies yet
This content is blocked. Please accept marketing cookies. You can do this here.
A facelift for your city with retrofit solutions that provide enjoyable, energy-efficient places for generations to come.
Retrofitting and reshaping assets
The property sector accounts for nearly 40% of global CO2 emissions, so getting the right, sustainable energy mix will only work if the primary users – buildings – are energy efficient. Energy reduction should be a core target, made possible by use of carbon free materials. Circularity in materials, for example, reusing or retrofitting ageing, underutilized infrastructure like gas pipelines as energy storage hubs can prove valuable. Many cities like France and New York have also put regulations in place for new buildings to use low carbon materials.
This should also go hand-in-hand with alternate low carbon energy sources being used. Citizens are increasingly demanding housing and commercial establishments that have green energy labels. However, real estate developers and housing corporations face challenges in the cost of investment to retrofit ageing assets in favor of greener energy sources. Municipalities and utilities too face cost challenges in reshaping energy assets, for example, expanding grids.
Matching demand is key to both. By investing in district heating solutions, for instance, cities get enough clients to hook up to grids to finance new infrastructure and real estate developers can de-carbonize their stock. So, by connecting the players in the right way, we can create win-wins.