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41

Modeling energy savings is notoriously

difficult, the issues are far more complicated

when we try to predict energy and costs more

than a decade into the future. In this study,

we perform a simplified analysis to get an

indication of the issues.

We start by considering the scenario laid

out in the EB roadmap, and imagine that it

is now 2030: the benchmarking tool (see

section on benchmarking) is fully launched

and covers a wide range of buildings; the

BEC and EAC now require all buildings to

be continuously retro-commissioned such

that they are operated at their optimum

performance. However, due to inherent

inefficiencies of out-dated systems, some

buildings are unable to meet the minimum

benchmark required by building regulations,

these buildings are then encouraged (or

forced) to retrofit their systems. For example,

buildings that are 35% less efficient than the

code minimum will undergo retrofits.

0

Chiller

Lift and escalator

HVAC – Air-distribution system

Typical retrofit scenario

Facade

Renewable

energy

Scenario target:

35%

20%

Lighting

Cost Abatement over 5 years [$/kWh]

40%

30%

Financed by loans and ESCOs: Currently cost-effective measures

[70% of the required reduction for scenario target]

Payback within 5 years

Measures that require additional drivers

through tax, rebates, carbon credit-trading

[30% of the required reduction]

Minimum cost scenario

HVAC – Water-distribution system

Maximum cost scenario

Cost abatement curve for

retrofitting existing buildings

10%

Cost abatement over 5 years [HKD/k h]

-10

10

30

50

70

90

Energy reduction as a percentage of

CBSI consumption

Cost abatement over 5 years [HK$/kWh]