Edition 2020 Ninth edition
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a6048c931cdc93 TEGOVA EVS 2020 digital
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- 4.1.4. The valuer will need to understand the provisions applying in the member state where the property is situated. 4.2. New buildings — Nearly zero-energy
- Existing buildings and "major renovation" 4.3.1.
4. Commentary
4.1. General 4.1.1. Among its measures most likely to be relevant to valuations of property, the Direc- tive requires member states to establish: • Integrated energy performance standards, based on both the thermal charac- teristics of each building and its renewable energy systems, to be: • Set by each member state for all buildings; • Enforced not only for new buildings and but also for existing buildings subject to a "major renovation"; and • Energy performance certificates (EPCs). 228 IV. - EVIP 1: The Impact of the Energy Performance of Buildings Directive on Property Valuation European Valuation Standards 2020 4.1.2. Alongside those, the Directive requires that by 2021 all new buildings meet a "nearly zero-energy use" requirement. It also imposes regimes for: • New buildings to have self-regulating devices to regulate the temperature of in- dividual rooms or zones, and for these to be added to existing buildings, where technically and economically feasible, when "heat generators" (using fuel com- bustion, electric resistance or heat pumps) are replaced; • Provision for electromobility where a building is new or subject to major reno- vation (see 5.4 below) ; • The regular inspection of larger heating and air conditioning systems with re- sulting recommendations. 4.1.3. The Directive further requires the European Commission to adopt an "option- al common Union scheme" for rating the "smart readiness" of buildings, to "cover features for enhanced energy savings, benchmarking and flexibility, enhanced functionalities and capabilities resulting from more interconnected and intelligent devices" so that it can be adapted to "the needs of the occupant and of the grid and to improve its energy efficiency and overall performance". 4.1.4. The valuer will need to understand the provisions applying in the member state where the property is situated. 4.2. New buildings — Nearly zero-energy 4.2.1. "Member States shall ensure that: a. By 31 December 2020, all new buildings are nearly zero-energy buildings; and b. After 31 December 2018, new buildings occupied and owned by public authorities are nearly zero-energy buildings." (Article 9(1)) 4.2.2. With nearly zero-energy buildings defined at 3.5 above, this is a strict obligation although Article 9(6) allows member states not to apply it in "specific and justifiable" cases where the cost-benefit analysis over the economic cycle of the building in question is negative. 4.3. Existing buildings and "major renovation" 4.3.1. While energy performance standards are to be set for existing buildings, the Directive does not require their enforcement save when this is triggered by a "major renovation". European Valuation Standards 2020 IV. - EVIP 1: The Impact of the Energy Performance of Buildings Directive on Property Valuation 229 4.3.2. "Major renovations" — The Recitals point out that "major renovations of existing buildings, regardless of their size, provide an opportunity to take cost-effective measures to enhance energy performance" (Recital 16) . 4.3.3. Article 7 of the Directive states: "Member States shall take the necessary measures to ensure that when buildings undergo major renovation, the energy performance of the building or the renovated part thereof is upgraded in order to meet minimum energy performance requirements …" 4.3.4. A valuer could be instructed by a client concerned as to whether proposed works amount to a "major renovation" with the consequent requirement under the Direc- tive to meet current energy performance standards. The Directive sets out two options from which each member state is to select its tests to determine whether works are a "major renovation": "'Major renovation' means the renovation of a building where: a. The total cost of the renovation relating to the building envelope or the technical building systems is higher than 25% of the value of the building, excluding the value of the land upon which the building is situated; or b. More than 25% of the surface of the building envelope undergoes renovation. Member States may choose to apply option (a) or (b)." (Article 2(10)) Download 1.74 Mb. Do'stlaringiz bilan baham: |
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