The Most Cost-Effective Energy Solution in Renovating a Multi-family House

Abstract

The Swedish government aims to reduce total energy demand per heated building area by 50% until 2050. A large number of residential buildings, built within the so-called “Million homes program” in Sweden, need major renovations, which offers an opportunity to implement energy efficiency measures and thereby, reduce total energy demand. The best way to encourage the implementation of a major renovation is to demonstrate a practical method which reduces energy demand and provides economic benefits. Hence, this study aims to determine the most cost-effective energy solution in renovating a multi-family residential building. Multiple energy renovation measures were simulated on a case study to reduce the space heating and domestic hot water by 50%. The case study building was built within the “Million homes program” and is located in Vaxjo, Swedish climate zone 3. Design Builder software was used for analysing the pre-renovation energy performance of the building. The renovation measures comprised different insulation thicknesses of external walls, attic and ground floors, windows with different U-values, a mechanical ventilation with heat recovery system, and solar system for supporting space heating and domestic hot water. Later, a multi-objective optimization was accomplished for analysing every possible combination of renovation measures. The most cost-effective energy solution was obtained by calculating the net present value in a lifetime of 30 and 50 years and discount rate of 1, 3 and 5%. Comparing the implications of two different lifetimes on net present value with implications of three different discount rates on net present value shows that lifetime has more influence on net present value. Furthermore, the results show the capability of the multi-objective optimization method in analysing multiple renovation solution.