Methods of modeling TCO residential real estate in the life cycles of buildings as a promising energy efficiency management tool

Kulakov, Kirill; Baronin, Sergey

doi:10.1051/matecconf/201710606022

Cited by 6 publications

(4 citation statements)

References 4 publications

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“…As noted, approaches to managing the project cost of construction in the context of the new funding pattern using escrow accounts are fully and widely described and analyzed [8][9][10][11][12][13][14]. However, the subsequent changes in the legislation in shared-equity construction are already aimed at regulating this mechanism for implementing the Экономика и менеджмент недвижимости X # 1 / 2021 building owners' activities.…”

Section: Discussionmentioning

confidence: 99%

Transforming housing construction: project cost management challenges

Vladimirova¹,

Tsygankova²,

Kosareva³

2021

neu

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Problems related to the transformation of housing construction based on the transition from shared-equity construction to project financing are being investigated. Along with the socio-economic benefits for consumers and an increase in the stability of the housing market, there are phenomena that negatively affect developers. The changes that affected the legislation governing the relationship between equity holders and developers affected not only the introduction of escrow accounts, but also amended the requirements for the contract of shared-equity construction, the composition of the rights and obligations of the parties to the contract, the methods of securing activities, and increased liability for violation of the terms of the agreement of shared participation. This creates new economic conditions for the activities of developers. The analysis of the changes established by the law by the analysis of differences in legal regulation of activity of builders in two periods became a research objective: when obtaining the construction license before and after the date of introduction of new norm. As a result of the analysis, contradictions are revealed and assessment of their consequences is made for activity of builders. The basic principles for successful transformation are justified: stage, awareness and system, feedback. The conclusions were drawn and concrete proposals were made to amend the legislation, including elimination of contradictions in the dual legal regulation of the activities of developers using various project financing schemes, in agreement with banks for the phased disclosure of escrow accounts, the introduction of costs for transport and engineering infrastructure into the project budget, as well as interest on loans for its creation and others. These measures will preserve the effectiveness of housing construction and the sustainable activities of developers as a result of the transformation of the industry.

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Section: Discussionmentioning

confidence: 99%

Transforming housing construction: project cost management challenges

Vladimirova¹,

Tsygankova²,

Kosareva³

2021

neu

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“…Resource efficiency can help minimize the ecological footprint of buildings; in addition, some parts of the construction industry need to be turned into CO2 sinks, for example, through the development of green infrastructure and the use of organic building materials that can accumulate CO2, such as wood from sustainable sources [18][19][20].…”

Section: Discssionmentioning

confidence: 99%

The role of energy-efficient renovation in the sustainability of cities and settlements: European experience

Budakov,

Safronova,

Nikolaev

et al. 2023

E3S Web Conf.

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Building renovation is one of the industries with the largest investment gap. To achieve the proposed climate target of 55% by 2030 in the EU, additional investments of around €275 billion will be required annually. In the housing sector, the lack of simple, attractive and easily accessible state incentives for renovation and the absence of common financial products are often the main obstacles. The experience of energy-efficient renovation in European countries allows for calculated decisions when modeling housing policy and achieving sustainable development goals. To support this, some countries have already introduced minimum common efficiency requirements that apply from a certain date or at certain points in the building's life cycle. Such requirements form the basis of companies' expectations and work best along with reliable energy performance certificates and reliable financing. As for residential buildings, insufficient understanding of energy consumption and energy saving is seen as an important barrier for more participants in open public consultations on renovation work than any other obstacle. Various interests of building owners and users, differences in opinions among different owners, and difficulties in planning renovation work are also major obstacles to the formation of sustainable cities and settlements.

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“…De Almeida and Borsato 3 examined the impact of recycling and depletion of resources in sustaining operations while minimising the impact on the environment and the economy. Kulakov and Baronin 4 investigated new concepts in energy efficiency from the building’s life cycles perspective with the aim to improve both construction and operational costs.…”

Section: Introductionmentioning

confidence: 99%

Simulation analysis of engineering business process in asset sustainment activities based on total cost of ownership

Caporaso²

2021

International Journal of Engineering Business Management

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Major assets such as buildings, infrastructure and defence systems are long term investments that require many outsourced sustainment activities to maintain satisfactory performances over their service life. When multiplied by the number of years that the sustainment is planned to be undertaken, the contracting cost is high. Many business processes are established to govern these asset sustainment activities and eventually become the source of inefficiency. This paper analyses the performance of these processes using a performance driven approach. Combined with input data of requests for engineering change in similar assets, this paper evaluates a new business process redesigned from an existing process to achieve significant savings in total cost of ownership as well as improving other non-financial performance indicators.

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Methods of modeling TCO residential real estate in the life cycles of buildings as a promising energy efficiency management tool

Cited by 6 publications

References 4 publications

Transforming housing construction: project cost management challenges

Transforming housing construction: project cost management challenges

The role of energy-efficient renovation in the sustainability of cities and settlements: European experience

Simulation analysis of engineering business process in asset sustainment activities based on total cost of ownership

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