The energy crisis and rising costs are not the primary driver but have certainly accelerated discussions on energy sustainability. Responsible companies and real estate developers are already implementing construction strategies that enable energy sustainability and qualify for certificates such are LEED and BREEM. As the market is turning greener, real estate developers are motivated to do so: it increases the demand, secures financing, and provides an overall better company image.
But what about old buildings?
Either built before there was awareness of the need for energy savings or just losing the battle with time, old buildings maintain energy spillage, which decreases the positive outcome of green energy initiatives and projects. When we include the data that up to 70% of buildings are estimated to be energy inefficient, the problem is far from insignificant.
