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Realized dynamic ef...
Realized dynamic effect of retrofits on energy consumption in Soviet-era multi-apartment buildings
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- Kažukauskas, Andrius (author)
- Vilnius University, Lithuania
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- Li, Xiaoying (author)
- Södertörns högskola,Nationalekonomi,Baltic & East European Graduate School (BEEGS)
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(creator_code:org_t)
- Elsevier, 2024
- 2024
- English.
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In: Energy Economics. - : Elsevier. - 0140-9883 .- 1873-6181. ; 134
- Related links:
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https://urn.kb.se/re...
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https://doi.org/10.1...
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Abstract
Subject headings
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- Retrofit programs for old and highly energy-inefficient housing stock from the Soviet era are widely believed to offer a rare win-win opportunity for mitigating climate change and addressing acute energy poverty issues in Eastern European urban neighborhoods. However, despite government subsidies and a push for greater energy efficiency, many people do not undertake retrofits. This raises the question: do these retrofits truly deliver the promised returns? This paper aims to examine the effects of retrofit programs on old Soviet-era multi-apartment buildings' realized dynamic energy savings in Lithuania by analyzing monthly energy bills. Our findings suggest that retrofits are associated with a 50% to 59% reduction in average space heating consumption across various post-retrofit periods. Additionally, retrofits have a short-term effect on electricity savings of 3% to 3.6%. However, our cost-benefit analysis indicates that the energy savings were not sufficiently large to cover the initial investment costs.
Subject headings
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
Keyword
- electricity
- energy efficiency
- multi-apartment buildings
- retrofit
- space heating
- Östersjö- och Östeuropaforskning
- Baltic and East European studies
Publication and Content Type
- vet (subject category)
- art (subject category)
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