News Article
June 29, 2012

2012 EEI: China Results

The sixth annual Energy Efficiency Indicator survey reached 369 building decision-makers in China. The 2012 EEI China results point to significant and growing interest around energy efficiency in buildings. Specifically:

  • 92% of Chinese executives said energy management was very or extremely important to their organizations (compared to 84% in 2011), and 92% said they were paying more attention to energy in 2012 than in 2011.

  • Seventy-two percent of Chinese executives responding to the survey have invested in energy efficiency in the past year; 45% invested in renewable energy, the highest of any region or country. Eighty-one percent of respondents planned to increase spending in energy efficiency or renewable energy in the next 12 months.

 

  • Energy cost savings, increasing energy security, and existing government policy led as the main drivers for energy efficiency action in China. In contrast, the main drivers were globally were energy cost savings, government and utility incentives or rebates, and enhanced brand or public image.

  • In the next 12 months, nearly 20% of the respondents planned to pursue green building certification for either a new building or for an existing building. Fortyeight percent planned to pursue certification (including local standards such as China’s Three Star and global standards such as LEED) in both new construction and existing buildings.

  • The top three energy efficiency measures adopted in China in the past 12 months included: lighting improvements (73%), water efficiency improvements (71%), and HVAC and/or controls improvements (61%).

  • When asked which on-site technologies they expected to see the greatest market adoption in the next 10 years, executives selected solar thermal (42%) followed by solar PV (32%) and smart building technologies (32%).

  • The average allowable payback on efficiency projects averaged 3.2 years, versus 3.5 years in 2011. This is slightly below the 2012 global average of 3.4 years.

  • The top barrier to pursuing energy efficiency cited by Chinese executives was lack of technical expertise to evaluate or execute projects (23%, up from 16% in 2011), followed by uncertainty regarding project savings and performance (16%) and insufficient payback/ROI (14%).

 

  • Chinese executives saw project execution as the greatest risk when considering energy efficiency or renewable energy projects.

  • When asked which energy policy would have the greatest impact on improving energy efficiency in buildings, 26% of executives said stricter building codes and equipment standards, 24% elected tax credits/incentives or rebates, and 18% indicated changes in property valuation from green appraisal standards.

 

  • Chinese executives were more likely than their global counterparts to measure and analyze energy information – 81% said they measured and recorded data at least weekly, and 33% reviewed and analyzed data at least weekly, both well above the global averages (56% and 20%).

  • The top energy management practices adopted in Chinese respondents’ facilities were: creating an action plan to implement energy improvement projects (57%), defining and communicating an energy policy/goals (54%), measuring and verifying energy project savings (51%) and dedicating a capital budget for energy improvement projects (51%).



     

June 2012

 

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