EnergySafe Magazine Summer 2015, issue 38 | Page 10

THE LATEST INDUSTRY NEWS FROM NECA THE ECOSMART ELECTRICIAN TEMPERATURE GAUGE In this article Ian Johnson from EcoSmart Electricians investigates market opportunities for electricians created by global warming. Recent reports from Forbes and research published by Navigant Research from the United States suggests commercial building owners and managers will invest close to $960 billion globally between now and 2023 to retrofit existing facilities with energy efficient technologies. Bushfires scorched the Adelaide Hills in January 2015 and southern Australia was the hottest region on the planet. At the same time, the respected Japan Meteorological Agency announced 2014 as the warmest year the world has seen since reliable measurements began in 1890. All of the world’s top 10 hottest years have now taken place since 1998. Melbourne city matched 2007 as the warmest year by mean temperature in records going back 158 years, with conditions a full 2 degrees above average. Nationally, mean temperatures in 2014 came in 0.91 degrees above the 1961 1990 average, behind only 2013 and 2005 according to the bureau. Only one month in the past two years - February 2014 - was cooler than the 1961 - 1990 average reference period. In Melbourne, the most recent month of below average mean temperatures was December 2008, meaning the past 72 months have all been warmer than normal. Clearly, things are escalating. In the next decade it’ll be hotter, the next hotter still. In a few decades, summer in Australia will be truly scorching. By the end of 2015, almost 200 nations will gather in Paris to negotiate a global treaty aimed at keeping temperature increases to less than 2 degrees above pre-industrial times (versus about 1 degree increase so far). In the push and shove of international negotiations about climate change actions and on-going commitments, what can be done now? Building energy efficiency is the low hanging fruit. Strategically timed to attract minimal exposure and comment, the government released the long awaited National Energy Efficient Building Project report commissioned by COAG on 20 December last year. The comprehensive Pitt & Sherry / Swinburne document was completed in June 2014. The report details chronic and systematic national failure of all aspects of the building supply chain and regulatory process across all building types. The survey found 65 percent of stakeholders considered the building code energy efficiency provisions are not implemented. The report also cites a survey in Adelaide that found non-compliance rates up to 70 percent. In Victoria, it is expected that Lisa Neville, the Minister for Climate Change, will take a much higher profile on this issue than her Liberal Coalition predecessor. Energy Minister, Lily D’Ambrosio has also signalled a keen interest in energy efficiency and renewable energy. The research published by Navigant cites the world economy is increasingly constrained by energy cost, energy availability, and energy-related environmental regulations. With existing building stock dwarfing the amount of building space added on an annual basis, retrofits are a critical pathway to greening the world’s commercial buildings. Regulations and policy measures, technological advances, and cost reductions are all driving increased investment in energy efficiency retrofits. Cumulative investment in commercial building energy efficiency retrofits will total $959 billion from 2014 through 2023. “Led by the Asia Pacific region, the global market for energy efficiency commercial building retrofits is expected to grow at more than 7 percent a year through to 2023,” says Eric Bloom, principal research analyst with Navigate Research. While government mandates play an important part in driving growth, many retrofit projects are being undertaken on a voluntary basis as corporate sustainability initiatives spread. The payback periods for energy efficiency retrofit projects are slowly decreasing, but they remain a critical factor for most building owners and managers according to the report.