Energy retrofits refer to the revamping of existing buildings to reduce their overall energy consumption and GHG emissions. With rising costs of energy and growing GHG emissions, the owners of both residential, commercial, and public buildings are taking measures to improve the energy efficiency of their buildings. In EU countries, the local governments have mandated building codes and green ratings for commercial buildings and are also providing incentives to consumers of energy retrofit systems. Though there are market challenges such as high initial costs and lack of skilled labor, local go...more >>
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