Abstract
In real estate markets such as Santiago de Chile where energy efficiency certificates are not mandatory, incorporating solutions that respond to the growing demand for sustainability entails a natural tension between their acceptance as necessary measures and the way they are addressed by the market. Under this mechanism, the market has introduced housing features that are communicated individually through real estate marketing. Energy efficient elements are more commonly seen in higher-end homes, where they are treated as standard features, while they are still considered innovations at the lower end of the housing market. However, it has been shown that energy efficient features decline in relative importance over time, ceasing to be considered marks of distinction. In contrast, energy efficiency certification shows great potential for generating a proposal to create sustainable value over time, particularly due to its ability to objectively communicate a buildings' energy performance. This suggests that this model should be reviewed from a public policy perspective, with the understanding that the current voluntary standards must compete with other features, in addition to improving the minimum required standards.
Original language | English |
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Title of host publication | Proceedings of 33rd PLEA International Conference |
Subtitle of host publication | Design to Thrive, PLEA 2017 |
Editors | Luisa Brotas, Sue Roaf, Fergus Nicol |
Publisher | NCEUB 2017 - Network for Comfort and Energy Use in Buildings |
Pages | 4795-4802 |
Number of pages | 8 |
ISBN (Electronic) | 9780992895754 |
State | Published - 2017 |
Externally published | Yes |
Event | 33rd International on Passive and Low Energy Architecture Conference: Design to Thrive, PLEA 2017 - Edinburgh, United Kingdom Duration: 2017 → 2017 |
Publication series
Name | Proceedings of 33rd PLEA International Conference: Design to Thrive, PLEA 2017 |
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Volume | 3 |
Conference
Conference | 33rd International on Passive and Low Energy Architecture Conference: Design to Thrive, PLEA 2017 |
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Country/Territory | United Kingdom |
City | Edinburgh |
Period | 02/07/17 → 05/07/17 |
Bibliographical note
Publisher Copyright:© Copyright 2017 NCEUB.
ASJC Scopus subject areas
- Energy Engineering and Power Technology
- Renewable Energy, Sustainability and the Environment