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Integrated home renovation services as a means to boost energy renovations for homeowner associations: A comparative analysis of service providers' business models.

Authors :
Elgendy, Ragy
Mlecnik, Erwin
Visscher, Henk
Qian, Queena
Source :
Energy & Buildings. Oct2024, Vol. 320, pN.PAG-N.PAG. 1p.
Publication Year :
2024

Abstract

• Private organizations focus on high-quality renovations and innovative financing. • An integrated service approach involving multiple stakeholders is crucial. • Innovative financial solutions are crucial for the success of energy renovations. • Barriers for Homeowner associations are linked to the renovation process. • Strategies of Integrated home renovation service providers were analyzed. Across the European Union (EU), approximately 46% of the population resides in apartment buildings. A majority of these buildings are in need of energy renovation and are managed by Homeowner associations (HOAs). HOAs face distinct challenges in renovating their buildings. Integrated home renovation services (IHRS) have emerged as a potential solution to accelerate highly energy-efficient renovations for HOAs. The question arises: How do current integrated home renovation service providers facilitate energy renovations for homeowner associations, overcoming the prevailing barriers to uptake? This paper explores the current state of IHRS providers operating in four European regions with a focus on the Netherlands and Flanders. The study offers insights into the dynamics of their business models, strategies, and ways forward. The methods employed involve a combination of qualitative approaches. Fourteen business models of IHRS providers in the Netherlands, Belgium, France, and Austria were analysed, to define their strategies within the regional context. The results reveal that while public entities prioritize broad societal challenges, private models focus on operational efficiency and financial sustainability. Public-private partnerships offer a hybrid approach, blending strengths but requiring precise governance to align diverse interests and achieve comprehensive, sustainable outcomes. The findings can inform policymakers, practitioners, and researchers in developing effective and targeted IHRS initiatives in the EU. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
03787788
Volume :
320
Database :
Academic Search Index
Journal :
Energy & Buildings
Publication Type :
Academic Journal
Accession number :
179105475
Full Text :
https://doi.org/10.1016/j.enbuild.2024.114589