Evaluation of Residential Real Estate Energy-Rating Systems in Germany, and their Applicability to the United States
Author(s)
Naerger, Felix
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Advisor
Torous, Walter
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Energy efficiency has become an increasingly important topic as economies globally race to combat climate change. Real estate is a major driver of global emissions, however also a key potential area for emissions reductions.
In Germany, residential real estate has been identified as a major source potential of emissions savings, given the impact of the sector. As such, energy efficiency systems have been implemented, providing transparency for property owners and renters. Motivated by cost-savings, the aspects of these systems pertain to energy production, energy mix use, and heating efficiency.
The United States as a country differs too strongly to allow for blind copying of the system in place in Germany. Its geographic size, climatic range, and population densities require a system of its own. Nevertheless, the lessons learnt from the German systems can help inspire initial steps towards effective American systems.
Date issued
2023-06Department
Sloan School of ManagementPublisher
Massachusetts Institute of Technology