Smart Readiness Indicator: Ready for Business? Evidence from a Northern EU Country

This paper aims to evaluate how well the increasingly popular, market-based real estate energy efficiency improvement projects support the EU’s high-level smart energy transition targets. The implications of these EU-level targets for buildings are described in the smart readiness indicator (SRI) fr...

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Main Authors: Pauli Autio, Eerika Borgentorp, Lauri Pulkka, Seppo Junnila
Format: Article
Language:English
Published: MDPI AG 2024-11-01
Series:Buildings
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Online Access:https://www.mdpi.com/2075-5309/14/11/3638
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author Pauli Autio
Eerika Borgentorp
Lauri Pulkka
Seppo Junnila
author_facet Pauli Autio
Eerika Borgentorp
Lauri Pulkka
Seppo Junnila
author_sort Pauli Autio
collection DOAJ
description This paper aims to evaluate how well the increasingly popular, market-based real estate energy efficiency improvement projects support the EU’s high-level smart energy transition targets. The implications of these EU-level targets for buildings are described in the smart readiness indicator (SRI) framework. As the SRI becomes mandatory, it is important for the industry to understand whether current market practices align with the SRI framework. This study is based on a qualitative analysis of 49 energy efficiency improvement project proposal reports for properties located in Finland. We use the SRI framework to evaluate the potential impact of the various energy efficiency improvements proposed in the reports on the smart energy transition targets. Three expert interviews were also conducted to gain the interviewees’ interpretations of the industry. While energy efficiency improvement projects are obviously aimed at improving energy efficiency, the results indicate that they are beneficial for some parts of the SRI, mainly within the SRI’s main categories of heating, controlled ventilation, and monitoring and control. Some proposed actions also contribute to increased smart readiness in the categories of cooling and lighting, but the remaining four main categories are generally not being taken into consideration.
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publishDate 2024-11-01
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series Buildings
spelling doaj-art-8dd13915a6a54a94b4dff9d60b9002e82024-11-26T17:56:26ZengMDPI AGBuildings2075-53092024-11-011411363810.3390/buildings14113638Smart Readiness Indicator: Ready for Business? Evidence from a Northern EU CountryPauli Autio0Eerika Borgentorp1Lauri Pulkka2Seppo Junnila3Department of Built Environment, School of Engineering, Otakaari 4, 02150 Espoo, FinlandDepartment of Built Environment, School of Engineering, Otakaari 4, 02150 Espoo, FinlandNewsec Group AB, Porkkalankatu 3, 00180 Helsinki, FinlandDepartment of Built Environment, School of Engineering, Otakaari 4, 02150 Espoo, FinlandThis paper aims to evaluate how well the increasingly popular, market-based real estate energy efficiency improvement projects support the EU’s high-level smart energy transition targets. The implications of these EU-level targets for buildings are described in the smart readiness indicator (SRI) framework. As the SRI becomes mandatory, it is important for the industry to understand whether current market practices align with the SRI framework. This study is based on a qualitative analysis of 49 energy efficiency improvement project proposal reports for properties located in Finland. We use the SRI framework to evaluate the potential impact of the various energy efficiency improvements proposed in the reports on the smart energy transition targets. Three expert interviews were also conducted to gain the interviewees’ interpretations of the industry. While energy efficiency improvement projects are obviously aimed at improving energy efficiency, the results indicate that they are beneficial for some parts of the SRI, mainly within the SRI’s main categories of heating, controlled ventilation, and monitoring and control. Some proposed actions also contribute to increased smart readiness in the categories of cooling and lighting, but the remaining four main categories are generally not being taken into consideration.https://www.mdpi.com/2075-5309/14/11/3638smart readiness indicator (SRI)energy efficiency improvementsmart buildingssmartness
spellingShingle Pauli Autio
Eerika Borgentorp
Lauri Pulkka
Seppo Junnila
Smart Readiness Indicator: Ready for Business? Evidence from a Northern EU Country
Buildings
smart readiness indicator (SRI)
energy efficiency improvement
smart buildings
smartness
title Smart Readiness Indicator: Ready for Business? Evidence from a Northern EU Country
title_full Smart Readiness Indicator: Ready for Business? Evidence from a Northern EU Country
title_fullStr Smart Readiness Indicator: Ready for Business? Evidence from a Northern EU Country
title_full_unstemmed Smart Readiness Indicator: Ready for Business? Evidence from a Northern EU Country
title_short Smart Readiness Indicator: Ready for Business? Evidence from a Northern EU Country
title_sort smart readiness indicator ready for business evidence from a northern eu country
topic smart readiness indicator (SRI)
energy efficiency improvement
smart buildings
smartness
url https://www.mdpi.com/2075-5309/14/11/3638
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AT lauripulkka smartreadinessindicatorreadyforbusinessevidencefromanortherneucountry
AT seppojunnila smartreadinessindicatorreadyforbusinessevidencefromanortherneucountry