Imperial College London

Emeritus ProfessorDavidFisk

Faculty of EngineeringDepartment of Civil and Environmental Engineering

Emeritus Professor
 
 
 
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Contact

 

+44 (0)20 7594 6109d.fisk Website

 
 
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Assistant

 

Mr Tim Gordon +44 (0)20 7594 5031

 
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Location

 

426Skempton BuildingSouth Kensington Campus

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Summary

 

Publications

Citation

BibTex format

@article{Jennings:2012,
author = {Jennings, M and Shah, N and Fisk, D},
journal = {Proceedings of the 25th International Conference on Efficiency, Cost, Optimization and Simulation of Energy Conversion Systems and Processes, ECOS 2012},
pages = {213--228},
title = {Optimising the arrangement of finance towards large scale refurbishment of housing stock using mathematical programming and optimisation},
volume = {7},
year = {2012}
}

RIS format (EndNote, RefMan)

TY  - JOUR
AB - The U.K. will require significant refurbishment interventions to the existing building stock if her 2050 greenhouse gas emissions targets are to be met. In parallel, the current economic recession is forcing some investors and creditors to look to new strategies of achieving healthy returns on property assets. The research presented in this paper seeks to analyse these problems using optimisation. A mixed integer linear programming model is presented for arranging the finance for large scale refurbishment schemes. The objective function minimises the costs of arranging finance. This model feeds into a technology urban resource network model, which allows for optimised statements of the refurbishment actions to be performed, their timing, and their quantity. An example of an urban area seeking to reduce its housing heating emissions is presented. Results suggest that division of finance, technology capacity, and organisational capacity by tenure is more appropriate than simpler representations. Overall, the optimisation models presented are thought to offer a robust method going forward for the arrangement of finance towards energy efficient refurbishment of housing stock at the large scale.
AU - Jennings,M
AU - Shah,N
AU - Fisk,D
EP - 228
PY - 2012///
SP - 213
TI - Optimising the arrangement of finance towards large scale refurbishment of housing stock using mathematical programming and optimisation
T2 - Proceedings of the 25th International Conference on Efficiency, Cost, Optimization and Simulation of Energy Conversion Systems and Processes, ECOS 2012
VL - 7
ER -