Green Transformation and the Concept of Energy Efficiency in the Housing Sector

Abstract

AbstractPurpose The purpose of this paper is to determine the relationship between the growth of the housing stock and limited electricity production within the framework of the concept of energy efficiency in housing. Design/methodology/approach The results of a study of the relationship between the dynamics of housing stock development and electricity production in the context of the demographic growth of the region were obtained by the method of correlation analysis of statistical data. Based on the econometric analysis, the necessity of development and implementation of the concept of energy efficiency in the housing sector is proved. As part of the development of energy efficiency in the housing stock, the dynamics of electricity consumption by industry and housing utilities are studied and correlated with the volume of electricity produced and received during the period of independence of the Kyrgyz Republic. Findings It is determined, that in 2020 in Kyrgyzstan more than 53% of the total volume of electricity used was accounted for by the industry and the population, 26%—by the agricultural sector, and other sectors accounted for about 21%. This country is on the 83rd level by the total electricity consumption per capita in the world (IEA Statistics). The dynamics of population, the dynamics of housing stock growth and electricity demand are growing and their interdependence is confirmed in the analysis. The negative dynamics in the production of electricity and the positive dynamics in its consumption are obvious. Originality/value The concept of energy-profitable housing is suggested. We propose measures to modernize the energy supply system for housing and transform the consciousness of the population through the formation of environmental responsibility and interest in energy conservation without limiting energy use and reducing the comfort of living. The social and economic effects of the implementation of the concept of construction of energy-efficient and energy-profitable houses are considered, the necessary incentive measures on the part of the state are developed.KeywordsHousing stockEnergy transitionGreen transformationEnergy savingEnergy efficiencyEnergy systemPopulation growthElectricityEnergy profitabilityIncome effect JEL Classification D6E02J11J17L97L94O18P18C82