Universiti Teknologi Malaysia Institutional Repository

The economic benefits of a green building – Evidence from Malaysia

Dwaikat, Luay N. and Ali, Kherun Nita (2018) The economic benefits of a green building – Evidence from Malaysia. Journal of Building Engineering, 18 . pp. 448-453. ISSN 2352-7102

Full text not available from this repository.

Official URL: http://dx.doi.org/10.1016/j.jobe.2018.04.017

Abstract

Due to significant environmental and economic benefits associated with reduced energy consumption in green buildings, energy efficiency is considered a key driver for the green building movement. However, factors related to the actual building performance and future energy prices highly impact the actual energy cost of a green building. This research evaluates the actual economic performance of a green building in use in term of energy consumption and examines how different scenarios for energy price inflation would affect the cost saving associated with reduced energy consumption in the building throughout its whole life cycle. Based on actual data record, it is found in the research that the investigated green building saves around 71.1% of energy compared to the industry baseline. From life cycle perspective, the green building saves around 5756 kW h/m2 which corresponds to $2,796,451 at 1% average annual increase in energy price and it is more than fourfold at 5% average annual increase in energy price and reaches around $12,107,060. This research provides an empirical evidence for the economic benefits associated with reduced energy consumption in the green building.

Item Type:Article
Uncontrolled Keywords:Energy price inflation, Green buildings
Subjects:N Fine Arts > NA Architecture
Divisions:Built Environment
ID Code:85171
Deposited By: Widya Wahid
Deposited On:04 Mar 2020 09:31
Last Modified:04 Mar 2020 09:31

Repository Staff Only: item control page