Energy Supply of a Conference Center Towards Nearly Zero-Energy Building in Accordance with the Standards of the European Green Deal
Energy technologies and sustainability
Published under CEST2021
Proceedings ISBN: 978-618-86292-1-9
Proceedings ISSN: 2944-9820
In December 2019, the European Commission proposed the European Green Deal, a set of policy initiatives that aim to transform the European Union into a low carbon economy and achieve climate neutrality by 2050. Building renovation is a core element of the European Green Deal, promoting the decarbonization of heating and cooling and enforcing stricter building performance standards. The purpose of this paper is to implement principles of the Renovation Wave in an international conference and research center: “The Orthodox Academy of Crete”. More specifically, the paper focuses on how to cover annual energy demands of the conference center and examines the installation of PV panels, wind turbines and hybrid solar wind system. All the alternatives cover the energy demands of the building. The most economic feasible alternative in each scenario is chosen based on financial criteria of Net Present Value and Internal Rate of Return. According to the results, the installation of PV solar system is the most economic feasible solution that covers completely the energy demands of the conference center.
European Green Deal, Renovation Wave, Energy Supply, Renewable Energy Sources, Conference Center, Orthodox Academy of Crete