certus_cost_eff

EXAMPLES OF RENOVATION DESIGNS
PRODUCED IN THE PROJECT CERtuS

MUNICIPAL HOUSE OF CULTURE – COIMBRA PORTUGAL

BUILDING CURRENT CONDITION – TECHNICAL AND OTHER PROBLEMS DETECTED

portugal-house-of-culture

The building is oriented with an axis of 200º, with the main façade oriented to East. This orientation is not optimal, but it is possible to install solar systems with little deviation from the south. There are two areas of the building loaned to other entities:· Part of floor -2 is one refectory used by the University of Coimbra · Part of floor -3 is used by the CAPC – Círculo de Artes Plásticas de Coimbra (cultural association of contemporary art).These spaces are managed by such entities, but they receive electricity from the main board of the building, being the electricity paid by the Municipality. The building external walls are made of breeze blocks and bricks and have a thickness of 20 to 55 cm. The windows are of single glazing with aluminium frames. Almost all windows have interior shutters. The exception is the front floor where darkened windows are used. The doors have the same characteristics of the windows. The back façade presents signs of condensations, mainly in areas covered with vegetation.

ECONOMIC, FINANCIAL AND LEGISLATIVE CONSTRAINS

BRIEF DESCRIPTION

Economic/Financial Risks
The Municipality has no financial plan to improve this specific building, with the exception of the roof whose intervention is already in implementation. The Municipality is trying to raise funds from national and European funding programs.
Legislative Obstacles
There are no major legislative obstacles to the renovation of this building.
The building was built in 1991-1993 and opened on October, 26th 1993.The building is located near to the city center and near to the University.It is used as Municipal House of Culture and has several cultural equipment, such as library, auditorium and art gallery, as well as several offices. The building has 8 floors, with 3 floors below and 4 floors above the ground floor.The building has 80 employees and is visited by 17,500 users/year and works with the following schedule.July 15th to September 15th:Monday to Friday: 9h00 – 18h30September 16th to July 14th:Monday to Friday: 9h00 – 19h30Saturday: 11h00 – 13h00 and 14h00 and 19h00The users have access to the rooms of public use only after 10h00.

RENOVATION SCHEME

Building Envelope
The roof has been renovated (replacement of the asbestos-cement slabs by a sandwich panel constituted by two thermolacquered metal sheets with 80 mm of polyurethane insulation).
Other renovation options, requiring construction works in the façades were considered. However, the renovation options requiring major construction works, incompatible with the normal activities of the building, should be avoided due to the incompatibility between use and renovation works. All the windows used in the building are of single glazing with aluminium frames. The replacement of windows by double glazing windows was not considered in this plan since the option to replace the HVAC system present higher cost-effectiveness and is more easily assessed and monitored. However, such replacement should be considered in future renovations of the building.
HVAC
The HVAC in most of the building is ensured by mono-split systems with heat pumps installed in the wall or roof with a total power of 239.27 kW. The replacement of the several mono-split systems by multi-split systems was not considered, since despite the potential lower purchase cost of multi-split systems the costs of installation would be higher and mainly the impact of the installation process on the building operation would be much higher. Therefore, it was considered the replacement by other mono-split systems with higher efficiency, keeping the same total power. In the renovation plan the replacement of such systems by new systems with higher efficiency was considered, being selected a system with EER of 5.2 and COP of 5.74
Lighting
The actual lighting system is mainly constituted by fluorescent linear T8 lamps with electromagnetic ballast. The planned action is to replace all lamps by LEDs.
RES
In the renovation plan it was considered the installation of PV panels oriented to south, but keeping the orientation of the building (azimuth of 20º) in order to minimize the visual impact of the PV panels. Therefore, it was considered the installation of 770 PV panels, ensuring an installed power of 181 kWp. This will ensure a generation of 254.2 MWh/year lower energy consumption.

GENERAL INFORMATION

Year of construction:
1991-1993
Area/Volume:
13,225 m2 / 39,944 m3
Building Use :
The building is the Municipal House of Culture and has several cultural equipment, such as library, auditorium and art gallery.
supp_zanca LEARN MORE:
Link to D2.1 pdf
Link to D2.3 pdf
Link to Guide or Brochure
certus_cost_eff

EXAMPLES OF RENOVATION DESIGNS
PRODUCED IN THE PROJECT CERtuS

MUNICIPAL HOUSE OF CULTURE – COIMBRA PORTUGAL

RENOVATION SCHEME EVALUATION

Energy Savings
The energy consumption before the renovation, considered as baseline, is equal to 487,229 kWh/year (electricity) and the energy consumption by square meter is about 49.4 kWh/m2. After the renovation the energy consumption drops to 13,479 kWh/year (electricity only) and the energy consumption by square meter is equal to 1.4 kWh/m2. Which means 65,742 Euro/year of savings. The renovation will lead to 97.2% savings in the building.
CO2 Savings
The savings resulting from the PV system, lamp replacement and HVAC replacement by others with higher efficiency are equal to 66.27 tons/year.
RES Integration
In the evaluation of the PV generation it was considered the self-consumption of 90% of the energy. RES will ensure 95.1% of the total energy consumption.
PARAMETERS OF THE RENOVATION SCHEME- TOTAL

Energy Savings 473,750 kWh
Costs 396,656 €
Savings 65,742 €/year
Simple Payback 6.03 years
CO2 Savings 66.27 tons/year

ECONOMIC EVALUATION

Payback Period
The energy and maintenance project simple payback period is 6 years. This payback is calculated without considering the Financing Scheme.
Total Cost
The technical investment cost is equal to 338,274 Euro (excluded VAT), which means the investment cost per square meter is 26.6 Euro/m2.
Economic Savings
The energy expenditure savings are 53,081 Euro/year.
INVESTMENT FOR RENOVATION – TOTAL

INVESTMENTS
HVAC 126,945
Lighting system (internal) 17,121
Renewable energy 194,208
Casing Building skin 0
Control system 0
Investment for Renovation 338,274

FINANCING SCHEME

Energy Performance Contract
On the basis of Deliverable D3.5 the implementation of the “shared savings” EPC contract (considered to be the most widespread among the four CERtuS countries) was chosen. The ESCo is supposed to invest through a Special Purpose Vehicle (SPV).
Duration of EPC
Duration of EPC: 15 years
Financial Sources
Given the Renovation Scheme selected and the characteristic of the project, ESCo involvement is possible at current market conditions because the project is able to generate enough cash flows to pay back the loan and to remunerate the capital invested by the ESCo.· Equity is about 26% of the whole financial source · Senior Debt is about 60% of the whole financial source · VAT Facilities is about 14%
Equity Pay Back Period
The project equity payback period is 13 years.
Other considerations
With this financial structure, an ESCo intervention is possible and the remuneration of the invested capital, in terms of IRR, should be considered adequate for this kind of projects.
municipalhouseofculturecoimbra

INVESTMENTS (ESCOs)
Investment for renovation 338,274
Starting liquidity 500
Interests and Banking Fees 4,803
Total Investments exc. VAT 343,577
VAT 58,382
TOTAL INVESTMENTS 401,959

 

FINANCIAL SOURCES (ESCOs) %
Equity 106,073 26
Senior debt 240,504 60
Grant 0 0
Subsided Funds 0 0
Total Financial Sources exc. VAT 343,577 86
VAT 58,382 14
Total Financial Sources 401,959 100
supp_zanca LEARN MORE:
Link to D2.5 pdf
Link to D3.6 pdf
Link to D3.7 pdf