Multiple benefits of renovation in buildings - PU Europe
Multiple benefits of renovation in buildings - PU Europe
Multiple benefits of renovation in buildings - PU Europe
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<strong>Multiple</strong> <strong>benefits</strong> <strong>of</strong> <strong>in</strong>vest<strong>in</strong>g <strong>in</strong> energy<br />
efficient <strong>renovation</strong> <strong>of</strong> build<strong>in</strong>gs<br />
Table A.24 Gross employment effect <strong>of</strong> <strong>in</strong>creased <strong>in</strong>vestments<br />
Study<br />
Janssen and Staniaszek (2012),<br />
How many jobs? A survey <strong>of</strong> the<br />
Employment Effects <strong>of</strong> Investment<br />
<strong>in</strong> Energy Efficiency <strong>of</strong> Build<strong>in</strong>gs<br />
Note:<br />
Hypothetical size <strong>of</strong><br />
<strong>in</strong>vestment<br />
Increased<br />
number <strong>of</strong> jobs<br />
(average)<br />
€ 1 million 19 52,600<br />
Production per job (€)<br />
Production per jobs is measured as the size <strong>of</strong> the <strong>in</strong>vestment divided by the <strong>in</strong>creased number <strong>of</strong> jobs<br />
needed to complete the <strong>in</strong>vestment.<br />
Source: The study mentioned <strong>in</strong> the table<br />
Direct impact on GDP<br />
In order to calculate the effects on GDP we use the gross value added (GVA) per employed<br />
<strong>in</strong> sectors we believe can be associated with energy efficiency <strong>in</strong>vestments <strong>in</strong> build<strong>in</strong>gs.<br />
One natural start<strong>in</strong>g po<strong>in</strong>t would be the GVA per employed <strong>in</strong> the construction sector,<br />
which is €55,740, cf. Table A.25. In the sectors we believe are associated with energy efficiency<br />
<strong>in</strong>vestments, such as manufacture <strong>of</strong> glass and glass products (to manufacture<br />
w<strong>in</strong>dows), manufacture <strong>of</strong> ceramic <strong>in</strong>sulators and <strong>in</strong>sulation, and plumb<strong>in</strong>g, heat and air<br />
condition<strong>in</strong>g <strong>in</strong>stallations, the GVA per employee is lower, rang<strong>in</strong>g from 46,110 to 52,220,<br />
cf. Table A.25.<br />
Table A.25 Gross value added per employee <strong>in</strong> relevant sectors<br />
Sector<br />
Gross value added per employee (EUR)<br />
Total manufactur<strong>in</strong>g<br />
Construction <strong>of</strong> build<strong>in</strong>gs<br />
55,770<br />
55,740<br />
Manufacture <strong>of</strong> glass and glass products<br />
52,220<br />
Manufacture <strong>of</strong> ceramic <strong>in</strong>sulators and <strong>in</strong>sulat<strong>in</strong>g<br />
fitt<strong>in</strong>gs 46,870<br />
Manufacture <strong>of</strong> central heat<strong>in</strong>g radiators and boilers<br />
48,560<br />
Manufacture <strong>of</strong> light<strong>in</strong>g equipment and electric<br />
lamps 52,090<br />
Construction <strong>of</strong> residential and non-residential<br />
build<strong>in</strong>gs 46,110<br />
Plumb<strong>in</strong>g, heat and air condition<strong>in</strong>g <strong>in</strong>stallation<br />
Other construction <strong>in</strong>stallation<br />
Ro<strong>of</strong><strong>in</strong>g activities<br />
46,110<br />
49,980<br />
47,600<br />
Source: Eurostat, structural bus<strong>in</strong>ess statistics [sbs_na_con_r2]<br />
Based on these statistics, we construct a low, an average, and a high estimate for GVA per<br />
employee from energy efficiency measures <strong>in</strong> build<strong>in</strong>gs, cf. Table A.26.<br />
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