In the 2010 Energy Concept, the German government committed to reducing the primary energy requirement of buildings by 80% by 2050 and to increase the thermal retrofit rate from 0.8% to 2% per year. The 2% target is less than the 3%1 rate at which outer walls are currently being renovated each year, so it is achievable even if the government only targets buildings that are already planning a renovation. ...
The German government has committed to reducing the primary energy demand of buildings by 80% by 2050 and to attaining a thermal retrofit rate of 2%. Achieving both goals will require deep thermal retrofits across the existing building stock. To meet this challenge, the government is exploring what role tax support options could play in encouraging thermal retrofits and ensuring that they deliver the ...
The Eurozone is still stuck in a downward spiral: high public and private debts weigh on potential growth; gloomy prospects for growth prevent the further reduction of these debts. A European plan to support growth should be a complement, and not a substitute, to the ongoing efforts to reduce public deficits. It should both encourage structural reforms and incentivize investments. In the short term, ...
Conducting a building thermal efficiency retrofit (or further thermal retrofit) is a long and relatively complex decision-making process involving building owners, managers, residents/tenants, and construction industry professionals. A variety of information instruments exists to support participants at each stage of this process. This paper highlights the existing literature on information instruments ...
The German government is committed to reducing the primary energy demand of buildings by 80% by 2050. This requires increasing the rate of thermal retrofits from the current 0.8% to 2.0% per year. To explore how new and existing policies and programs could deliver the increased retrofit rate, this paper examines the thermal efficiency retrofit decision-making process among owners of single- and two-family ...
The German government has committed to reducing the primary energy demand of buildings by 80% by 2050. Achieving this reduction will require foremost efficiency improvements, with a first milestone of a 20% reduction in heat demand levels by 2020. Given that about 80% of today's building stock will remain in place beyond 2050,thermal retrofit of this existing building stock is essential (Figure 1). ...
The appropriate design of monetary policy in integrated financial markets is one of the most challenging areas for central banks. One hot topic is whether the increase in liquidity has contributed to the formation of price bubbles in asset markets in the years preceding the financial crisis. If linkages are strong, the inclusion of asset prices in the monetary policy rule may limit speculative runs ...
Based on the notion that entrepreneurship is a 'local event' , the literature argues that selfemployed workers and entrepreneurs are 'rooted' in place. This paper tests the 'residential rootedness'-hypothesis of self-employment by examining for Germany and the UK whether the self-employed are less likely to move or migrate than employees. Using longitudinal data from the German Socio-economic Panel ...
Recent global peer-review reports have concluded on importance of buildings in tacking the energy security and climate change challenges. To integrate the buildings energy efficiency into the policy agenda, significant research efforts have been recently done. More specifically, the public domain provides a bulk of literature on the application of buildings-related efficiency technologies and behavioural ...