The opportunity for improving commercial building energy
performance has never been greater, with advances in building material
innovation, monitoring technology and even government incentives – these are
all paving the way for a greener future.
For
example, by simply retrofitting commercial buildings that are over 10 years old
– of which 81% of Australia’s buildings are – especially with well-designed energy
efficient measures there is is a potential 50-75% energy saving. In
dollar terms, this is equivalent to $9 billion in cost savings between now and
2030.
Moreover the recent economic downturn has shifted the
attention of firms and public owners with large building portfolios toward
their existing buildings. With government and utility incentives, the time is
now for focusing on retrofit and renovation investments that could save energy,
reduce costs and encourage wellbeing for building tenants.
Ahead of
the Retrofit and Refurb Summit 2019 we take a look at the biggest trends in
commercial retrofit and refurb investments and explore the economical and
environmental benefits of refurbishing buildings for future sustainability.
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