Through the circular concerning energy efficiency measures, the Danish Building and Property Agency is committed to implementing profitable building-related energy investments. Profitable investments shall be understood as investments, where the net present value of the future savings is greater than the investment.
With regards to offices, the Danish Building and Property Agency has provisionally completed over 50 energy projects, where focus has been on the implementation of the profitable energy initiatives, which must be carried out in conjunction with maintenance work.
To create a correlation between our customers' savings as a result of lower energy consumption and the Danish Building and Property Agency's expenses related to the energy initiatives, energy investments in the state's office buildings will be financed through rent.
This means that the customer will receive a rent allowance, which will be calculated as 5% of the investment. When the Danish Building and Property Agency invests a total DKK 1 million in additional insulation for example, then the customer will receive an increase in rent of 5% of DKK 1 million. In general, the rent allowance will be less than the calculated savings and therefore give the customer an incentive to accept the rent allowance.
With regards to universities, the profitable investments with short payback periods will be carried out by the universities' own technical departments. The University of Copenhagen has received a DKK 98 million loan scheme for energy initiatives, which are being implemented at the moment, and there are ESCO projects for energy savings at the University of Copenhagen, University of Southern Denmark and Roskilde University, which combined make up the majority of the university building portfolio.
Energy efficient renovations in office buildings
In 2009, the Danish Energy Agency implemented a tightening of "Circulars on improving energy efficiency in Danish state institutions", which meant that the state institutions were required to provide a savings of 10% of energy consumption from 2006 to 2011. In order to reduce the constructional energy consumption, an allocation of funds for maintenance of energy optimisation in office buildings was set aside in the state budget for 2010 totalling DKK 130 million with a simultaneous requirement for rent financing of DKK 50 million.
The scheme has been a success and has so far resulted in a calculated 20% reduction on average of energy consumption in the 54 state office buildings, which have been a part of the project. In addition, the energy optimisations have led to a substantial upgrade of the energy labels, where in particular the number of F, G and E labelled buildings has been reduced, while the number of D, C, B and A labelled buildings has increased.