Environmental evaluation of pareto optimal renovation strategies: a multidimensional life-cycle analysis

Abstract

The substantial contribution of buildings in the energy consumption and emissions renders the existing building stock a key element to tackle the climate crisis. Consequently, defining a deliberate decision-making process gains importance. Decisions are currently often based on building codes, budget, and in the best case Pareto optimality of the energy performance and the net present value of the life-cycle cost. The growing attention to sustainability, however, raises questions about the effect of environmental considerations on the outcome of the Pareto optimal solutions. This study quantifies the effect of including the environmental aspect as a third dimension to the current evaluation approach. Therefore, the most appropriate renovation measures are selected using a multidimensional Pareto optimization. The method is applied to a residential high-rise building in Belgium. Firstly, the Pareto front is constituted based on life-cycle costing and life-cycle assessment separately. Subsequently, the respective results are combined into an integrated life cycle approach by enumerating the LCA results as an external cost to the LCC results. The results show that the Pareto optimal solutions from a financial and environmental perspective do not coincide. Although the financial aspect dominates, adding the environmental cost eliminates low-performant financial optima, leading to optimal solutions with a larger insulation thickness.