Environmental Change Institute, University of Oxford

Building Market Transformation

residential buildings

Building Market Transformation (BMT) is examining how to achieve a radical transformation in CO2 emissions from the UK Building stock.

BMT is examining policy, economic, social and technical issues. It covers residential and non-residential buildings, existing and new. It is exploring external changes in buildings markets such as demographics, economic and technical changes, changes in climate and changes in building use. Reduced carbon emissions from buildings could come about through changes to the building shell and equipment inside the building, as well as technologies that provide low or zero carbon heat, electricityand cooling. They could also come about through changes in usage behaviour or decision-making at point of purchase of buildings or equipment. Changes in the market for buildings and equipment can be achieved through policy such as information (eg energy labels on buildings and equipment, feedback); incentives (such as stamp duty rebates for zero carbon buildings); or regulation (such as equipment standards, building regulations or planning requirements). A combination of instruments can transform a market. The vehicles for exploring these issues are two models of the building stock from 1996 to 2050. The residential sector model is newly released and can be downloaded below. The second part, the non-residential building stock, is under development and will be released by the end of 2007. The consortium will work closely with stakeholders involved in managing existing buildings or developing new buildings in order to begin to build a common understanding of the issues opportunities and barriers, to enable this transformation to begin.

Project details