energyLAB is a Hong Kong based energy consultant, providing energy management, energy audit and carbon management services designed to help build your brand, and start to prepare your business for the low carbon economy.

In conjunction with exhibition, HKTDC and HAESCO has arranged one conference session on the energy sector:

FREE …..booking on first come first served basis.

Location: Seminar Room B
Date:  4th Dec 2009
Time: 2.30pm-5.30pm
Session Title: How can organizations leverage their advantages of increased energy efficiency as well as clean technologies?

link to HKTDC

energyLAB are please to announce that energyLAB Director John Herbert, and vice chairman of HAESCO (www.haesco.hk) will be speaking during the conference on 4th Dec. 2009 planned to start at 2.30pm.

WHERE:
Hong Kong Exhibition centre,
Harbour Road,
Wanchai, Hong Kong. View Larger Map

Below is the full conference schedule for 4th Dec 2009.

click to download PDF

What is interesting for green building owners concerned with the potential return from Green building, well lets quote from the report summary:

The overall conclusion is that there is, indeed, a premium for the rents that ‘green’ buildings with the Energy Star rating can command, but no premium could be found for LEED-rated buildings.

Obviously, it varies according to a number of factors, but the aggregate premium for the whole sample is in the order of 3% per square foot compared with otherwise identical buildings – controlling for the quality and the specific location of office buildings. When looking at effective rents – rents adjusted for building occupancy levels – the premium is even higher, above 6%. The researchers were also able to look at the impact on the selling prices of green buildings, and here the premium is even higher, in the order of 16%.

Another study from USA confirms the healthy financial benefits from green buildings, particularly that handsome +16% for sale of green properties. Interestingly, this study does not supporting the same financial return for LEED rated properties.

Comparisons

Before jumping to conclusions remember that these rating tools are fundamentally different, with diverse rating criteria.  LEED is based on the whole, the sustainability of a building at design stage, whereas Energystar has a limited scope, and I am sure some would argue is rightly focused, based on real-life operational energy data.

Future Drivers

The future of Green Building will still be driven by corporations, demand based requirements for  environmentally sound structures to conduct business.   However, as the pressure to act upon climate change increase the carbon element  will increasingly drive a green rating systems, and operations will still hold the largest portion of the lifetime cost.

John Herbert
consultant
EnergyLAB

Our director Mr John Herbert will be speaking on the green building expert panel at the Green Building Asia conference.  The panel to be held on afternoon of day two, 9 (Thursday) July 09.  Contact the organisers directly for registration.

PAST EVENT