Mitsubishi Electric Launches Guide To Stop Buildings Becoming 'Stranded Assets'

Mitsubishi Electric has launched a helpful new guide designed to help building owners and managers reduce the risk of their buildings becoming stranded assets due to not reaching the government’s environmental standards.  

The new white paper, ‘Stranded assets: A roadmap to net zero for new and existing buildings' is designed to provide building owners and managers with more insight on the importance of setting up their buildings for net zero and describes methods on how they can achieve this.

HVAC systems 

“We’ve designed this guide to offer insights into current thinking on what net zero buildings are and where legislation and guidance on this issue are heading,” explains Chris Newman, Net Zero Design Manager.

It also looks at the heating, ventilation, and air conditioning (HVAC) systems that can help on the journey to net zero carbon emissions for both new and refurbished buildings. This includes the essential questions that clients should ask their design teams at the early stages of a project.

Strategies

The white paper helps owners avoid their buildings becoming stranded assets by providing a roadmap to net zero

Around 80% of the buildings we will occupy in 2050 have already been built. With owners of older properties facing significant costs associated with meeting higher standards for Energy Performance Certificates (EPCs) or disruption in switching from gas boilers to heat pumps, buildings are falling further behind environmental requirements every year.

This white paper, therefore, aims to help owners avoid their buildings becoming stranded assets by providing a roadmap to net zero.

bridging the net-zero knowledge gap

The guide contains several sections assisting in bridging the net-zero knowledge gap for business owners, outlining the government’s net-zero plan, and showing what defines a net-zero building.

The financial disadvantages of not choosing low-carbon technologies are also outlined, including the fact that 1.4 billion sq. feet of UK retail space may be unlettable by 2023 if these energy efficiency issues aren’t addressed.

heat pumps

As the UK currently relies heavily on fossil fuels to heat and cool buildings, decarbonizing the HVAC systems in buildings is an incredibly important step. The Stranded Assets guide provides advice on installing heat pumps and utilizing heat recovery in the decarbonization of heating and ventilation, along with tips on adopting low GWP refrigerants.

“With rising building standards brought in to help the industry reach net zero, we’re seeing large numbers of spaces potentially becoming redundant due to energy inefficiency,” said Chris Newman.

sustainability

He adds, “Building owners must now confront the fact that a lot of current stock is in danger of becoming stranded assets unless they tackle these issues head-on. Whether a building is still at the early design stage or is an existing and occupied space, the best time to plan for a net zero future is now.”

The roadmap features questions that managers should be asking themselves and their partners in the building and planning process, considerations that must be made when working towards net zero, suggestions for sustainable replacements, and tailored advice for specific HVAC equipment.