On-site renewable energy to power green building drive

A new study from Pike Research, Zero Energy Buildings, shows the revenue from constructing zero energy buildings will grow considerably over the next 20 years, with on-site renewable energy systems set to lead the charge.

The report projects show green building revenue growing to $690bn in 2020 and then jumping up to $1.3tn by 2035.

“The goal of designing zero energy buildings, or buildings that consume as much energy as they produce through on-site and renewable energy systems, has emerged as the next major frontier,” the report says.

Behind that push toward green buildings are a number of new zero energy construction codes, green targets and regional regulations being put in place across the globe.

"Following the surge in LEED and other green building certifications worldwide over the last few years, zero energy building has emerged as the ‘holy grail’ in green building design," research analyst Eric Bloom said in a statement, quoted on TG Daily.

In Europe especially, the agency that oversees building energy codes is requiring nearly zero energy construction in public buildings by 2019 and in all new construction by 2021.

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