Savings to sustainability: A proposed project finance method to deliver sustainable federal buildings

Mark Sanders, Shankar Earni, Kristen Parrish

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

This paper presents a novel finance project delivery concept, Savings to Sustainability (S2S), that bridges the existing gaps between energy projects implemented using alternative financing mechanisms, sustainability initiatives, and greenhouse gas reductions. Bridging these three areas will have a synergistic effect in terms of meeting Federal agency goals for energy, water, and greenhouse gas (GHG) reduction. Although reducing energy results in reduced GHG emissions, financial savings is the major driving force behind Energy Savings Performance Contracts (ESPC). The aggressive requirements pertaining to sustainability and GHG reduction goals requires an integrated and more holistic approach to retrofit and renovation projects. The S2S finance project delivery method enables existing buildings to achieve net zero carbon through a graded approach that includes energy & water efficiency, on-site renewable power generation, and green power procurement.

Original languageEnglish (US)
Title of host publicationICSDC 2011: Integrating Sustainability Practices in the Construction Industry - Proceedings of the International Conference on Sustainable Design and Construction 2011
Pages136-143
Number of pages8
DOIs
StatePublished - 2012
Externally publishedYes
EventInternational Conference on Sustainable Design and Construction 2011: Integrating Sustainability Practices in the Construction Industry, ICSDC 2011 - Kansas City, MO, United States
Duration: Mar 23 2011Mar 25 2011

Other

OtherInternational Conference on Sustainable Design and Construction 2011: Integrating Sustainability Practices in the Construction Industry, ICSDC 2011
CountryUnited States
CityKansas City, MO
Period3/23/113/25/11

Fingerprint

Finance
Greenhouse gases
Sustainable development
Gas emissions
Power generation
Water
Energy conservation
Energy gap
Carbon

Keywords

  • Emissions
  • Government buildings
  • Sustainable development

ASJC Scopus subject areas

  • Civil and Structural Engineering
  • Building and Construction

Cite this

Sanders, M., Earni, S., & Parrish, K. (2012). Savings to sustainability: A proposed project finance method to deliver sustainable federal buildings. In ICSDC 2011: Integrating Sustainability Practices in the Construction Industry - Proceedings of the International Conference on Sustainable Design and Construction 2011 (pp. 136-143) https://doi.org/10.1061/41204(426)18

Savings to sustainability : A proposed project finance method to deliver sustainable federal buildings. / Sanders, Mark; Earni, Shankar; Parrish, Kristen.

ICSDC 2011: Integrating Sustainability Practices in the Construction Industry - Proceedings of the International Conference on Sustainable Design and Construction 2011. 2012. p. 136-143.

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Sanders, M, Earni, S & Parrish, K 2012, Savings to sustainability: A proposed project finance method to deliver sustainable federal buildings. in ICSDC 2011: Integrating Sustainability Practices in the Construction Industry - Proceedings of the International Conference on Sustainable Design and Construction 2011. pp. 136-143, International Conference on Sustainable Design and Construction 2011: Integrating Sustainability Practices in the Construction Industry, ICSDC 2011, Kansas City, MO, United States, 3/23/11. https://doi.org/10.1061/41204(426)18
Sanders M, Earni S, Parrish K. Savings to sustainability: A proposed project finance method to deliver sustainable federal buildings. In ICSDC 2011: Integrating Sustainability Practices in the Construction Industry - Proceedings of the International Conference on Sustainable Design and Construction 2011. 2012. p. 136-143 https://doi.org/10.1061/41204(426)18
Sanders, Mark ; Earni, Shankar ; Parrish, Kristen. / Savings to sustainability : A proposed project finance method to deliver sustainable federal buildings. ICSDC 2011: Integrating Sustainability Practices in the Construction Industry - Proceedings of the International Conference on Sustainable Design and Construction 2011. 2012. pp. 136-143
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