All-Electric Real Estate: The Movement Gains Momentum

While few of us have tested electric vehicles, certainly most of us have experienced power outages, so perhaps the first thing people need to know in connection with this “all-electric” solution is: what safety net is there? And with the all-electric trend having entered the real estate industry, there are even more questions.

Luckily, there are specialists who devote their time and expertise to answer these questions and to advance research on making the buildings we live, work and play in more climate- and human-friendly. The experts at Buro Happold—an integrated consultancy of engineers, consultants and advisers with a presence in 31 locations worldwide—believe that sustainability is intrinsic to the economic and social impact of their work. The firm has set its own eco-targets: to reduce its own operational carbon emissions by 21 percent by 2025, to design all new build projects to be net-zero carbon in operation by 2030, and to reduce embodied carbon intensity of all new buildings, major retrofits and infrastructure projects by 50 percent by 2030.

resilient electrical grid and/or non-fossil fuel back-up power solutions

  • the cost of high-performance envelopes, particularly where not required and for existing building retrofits
  • the timeline of increasing renewable energy supply to the grids
  • The good news is that more and more jurisdictions are emphasizing efficiency and GHG reductions, creating incentives for exploring the implementation of all-electric strategies. Our study attempts to acknowledge the obstacles while also providing a path for assessing the feasibility of all-electric buildings from a holistic perspective across GHG emissions, resiliency, technology and cost.