3FOOD

Third Industrial Revolution Consulting Group
renewable energy harvesting technologies, energy storage, advanced meters, and electric
charging stations with their own capital or bank loans, and the investment is paid back by the
energy savings over time. The owner or occupant gets a free ride and after the payback period
has ended, reaps the full value of the energy savings from there on. ESCOs generally include
energy audits, project design, financing, purchase of equipment, and operation and
maintenance.
Given the steep curve in the growth of
the ESCOs market and Performance
Contracting, it is likely that this
mechanism, along with government
incentives, will play a critical role in the
conversion of thousands of buildings in
Luxembourg into Third Industrial
Revolution nodes to manage, power,
and move economic activity across a
smart green Internet of Things
infrastructure. In the new Internet of
Things era, everyone becomes their own
efficiency expert and chief productivity
officer, continually creating new apps to
improve aggregate efficiency across
their respective value chains.
Fig. 3: Construction of a new office building in
Luxembourg City
Source: http://paperjam.lu/news/rtl-bientot-dans-sa-city
STATE OF PLAY AND LUXEMBOURG VISION
The Luxembourg building stock is composed of 140,172 residential and semi-residential
buildings regrouping 227,326 dwellings. Luxembourg’s residential building stock consists
predominantly of single-family houses representing 82.9 % of the building stock whereas
apartment blocks represent 10.9 % and semi-residential buildings 6.1 % of the building stock. 100
The share of single-family homes in Luxembourg-Ville is about 21%, and in the other cities
between 52% and 76%. 101 In 2010, the average floor space was 129.9 m 2 per dwelling. 102
100 See: http://www.statistiques.public.lu/catalogue-publications/regards/2015/PDF-06-2015.pdf and
https://ec.europa.eu/energy/sites/ener/files/documents/NEEAP_LU_EN.pdf
101 See: http://www.statistiques.public.lu/catalogue-publications/regards/2015/PDF-06-2015.pdf
102 Luxembourg energy efficiency action plan 2014, page 71
124