With a global focus on reducing energy consumption continuing to grow and increase in importance, many methods of “going green” are beginning to receive increased attention. A new analysis from Frost & Sullivan finds that one of these concepts gaining prominence is the net zero–energy building. A net zero–energy building, in theory, generates as much renewable energy as is necessary onsite.
The primary takeaway from the Frost & Sullivan analysis is that government funding is the main driver of net zero–energy building (NZEB) technology uptake, with Europe leading the way in terms of funding available for NZEB technologies.
The flipside of this finding is that funding is almost entirely limited to governments, as the “lack of awareness on the benefits of NZEB technologies among end users and investors” are limiting funding from elsewhere.
“While governmental or regional funding are the main drivers of NZEB technologies, public-private funding is the most effective in sustaining the application of the NZEB concept and advancing its development globally,” noted Technical Insights industry analyst Jennifer Tan. “To attract public-private funding, governments need to educate end users on the advantages of NZEB technologies and implement relevant policies and building codes.”
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