The Deep Renovation Market – an analysis
The Political, Economic, Social and Technical (PEST) analysis is based on systematic literature review and exploration of market gaps. Together with responses from stakeholders and experts to examine the strengths, weaknesses, opportunities and threats (SWOT analysis), this led to some proposed strategies for deep renovation.
To place findings from this study in the regional and global context, policies and strategies adopted by some other countries were also discussed.
Some highlighted tips:
Invest in capacity building in the design and management of deep renovation projects, with technological advancement and construction practices;
Alleviate the perceived risk and inconveniences associated with renovation with quality assurance systems;
Encourage step-by-step deep renovation through a One-Stop Shop, linked with appropriate financing mechanisms to attract and activate more homeowners.
Cluster houses in need of renovation and appropriate energy/carbon pricing mechanisms to attract more investors and construction companies to the market.
Not only Stronghouse benefits from this in depth study of the energy renovation market. We are happy to disseminate amongst all stakeholders with a shared view in terms of C02 reduction, energy efficiency and energy renovation or retrofit. This is also an interesting read for construction companies, policymakers, investors, and analysts
You can access the full scientific paper Strategies for deep renovation market of detached houses here.
Article can be downloaded free until 9th February here
With thanks to Brijesh Mainali, PhD
Dept. of Built Environment and Energy Technology at Linnaeus University
The paper has also been recently published in “Renewable and Sustainable Energy Reviews” (IF=12.11, Elsevier). It is a combined outcome from projects supported by Stronghouse, INNOVATE (Integrated solutioNs for ambitiOus energy refurbishment of priVATE housing) and the Swedish Research Council (FORMAS).