Analysis and Case Studies of Residential Heat Metering and Energy-Efficiency Retrofits in China's Northern Heating Region

TitleAnalysis and Case Studies of Residential Heat Metering and Energy-Efficiency Retrofits in China's Northern Heating Region
Publication TypeJournal Article
Year of Publication2014
AuthorsShilei Lu, Wei Feng, Xiangfei Kong, Yong Wu
JournalRenewable and Sustainable Energy Reviews
Volume38
Pagination765-774
Date Published10/2014
KeywordsEnergy-efficiency retrofit, residential buildings, Retrofit financing
Abstract

During the past 5 years, the Chinese government has organized and implemented a large-scale energy-efficiency retrofit program for existing residential buildings in China׳s northern heating region. However, many obstacles, especially lack of successful financing arrangements, have limited the implementation of retrofits under the program. This paper analyzes the key financing challenges that have faced the program, using case studies of the different financing arrangements that have been used. Some of the key issues influencing the program׳s success to date are differing retrofit and other priorities of various stakeholders, timing and methods of payback on investments, potential investors׳ lack of access to risk analysis, uncertainty about benefit sharing, and the need for revisions in policies governing retrofits and energy contracts. We make recommendations to address these issues and improve the success of the north China energy-efficiency retrofit program.

DOI10.1016/j.rser.2014.07.015