{"id":1004198823,"date":"2017-11-30T08:07:41","date_gmt":"2017-11-30T16:07:41","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004198823"},"modified":"2022-12-07T12:22:31","modified_gmt":"2022-12-07T20:22:31","slug":"net-zero-energy-buildings-market-to-reach-78-8b-by-2025","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/net-zero-energy-buildings-market-to-reach-78-8b-by-2025\/","title":{"rendered":"Zero-Net Energy Buildings Market to Reach $78.8B by 2025"},"content":{"rendered":"<p>By Barbra Murray<\/p>\n<div id=\"attachment_1004198824\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Jess-Jackson-Sustainable-Winery-Building-2c-University-of-California-2c-Davis.jpg\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004198824\" data-attachment-id=\"1004198824\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/net-zero-energy-buildings-market-to-reach-78-8b-by-2025\/jess-jackson-sustainable-winery-building-university-of-california-davis\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Jess-Jackson-Sustainable-Winery-Building-2c-University-of-California-2c-Davis.jpg\" data-orig-size=\"1599,1120\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;Jasper Sanidad&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Jess Jackson Sustainable Winery Building University of California Davis\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;The Jess S. Jackson Sustainable Winery Building at the University of California Davis&lt;br \/&gt;\nPhoto by Jasper Sanidad&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Jess-Jackson-Sustainable-Winery-Building-2c-University-of-California-2c-Davis.jpg?w=1024\" loading=\"lazy\" class=\"size-medium wp-image-1004198824\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Jess-Jackson-Sustainable-Winery-Building-2c-University-of-California-2c-Davis.jpg\" alt=\"The Jess S. Jackson Sustainable Winery Building at the University of California Davis Photo by Jasper Sanidad\" width=\"300\" height=\"210\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Jess-Jackson-Sustainable-Winery-Building-2c-University-of-California-2c-Davis.jpg 1599w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Jess-Jackson-Sustainable-Winery-Building-2c-University-of-California-2c-Davis.jpg?resize=300,210 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Jess-Jackson-Sustainable-Winery-Building-2c-University-of-California-2c-Davis.jpg?resize=768,538 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Jess-Jackson-Sustainable-Winery-Building-2c-University-of-California-2c-Davis.jpg?resize=1024,717 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Jess-Jackson-Sustainable-Winery-Building-2c-University-of-California-2c-Davis.jpg?resize=1536,1076 1536w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004198824\" class=\"wp-caption-text\">The Jess S. Jackson Sustainable Winery Building at the University of California Davis<br \/><em>Photo by Jasper Sanidad<\/em><\/p><\/div>\n<p style=\"font-weight: 400\">Properties are\u00a0becoming greener and greener. Come 2025, the global net-zero energy buildings (NZEB) market will have climbed to approximately $78.8 billion, according to a new report by Grand View Research Inc.<\/p>\n<p style=\"font-weight: 400\">The projected market increase is a notable one, considering the NZEB market size was valued at a little over $8 billion in 2016.\u00a0<em>\u201cThe need for a transitioning to a low-carbon economy in order to develop energy-efficient solutions and reinvent the existing as well as new infrastructure is anticipated to elevate the demand for net-zero energy,\u201d<\/em>\u00a0per the report.<\/p>\n<p style=\"font-weight: 400\">As defined by the U.S. Department of Energy, a NZEB is a building that generates enough renewable energy to meet its own annual energy consumption requirements, thereby reducing the use of non-renewable energy at the property. The residential sector has contributed to the NZEB market, but it\u2019s the commercial real estate sector that accounts for the bulk of these properties, at more than 75 percent of the global NZEB market in 2016. The commercial segment\u2019s dominance can be attributed to two circumstances: greater demand and higher adoption.<\/p>\n<p style=\"font-weight: 400\">In terms of market share on the regional level, North America led the pack a in 2016 among the surveyed locations, a list that includes 18 countries in North America, Europe, Asia Pacific, South America and the Middle East and Africa. The region\u2019s superior presence in the NZEB market is due in no small part to the high implementation of relevant technologies in both Canada and the U.S., with a major contribution from California.<\/p>\n<h2 style=\"font-weight: 400\"><strong>The road to 2025<\/strong><\/h2>\n<div id=\"attachment_1004198826\" style=\"width: 310px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Center-for-Environmental-Studies-2c-Bishop-O-27Dowd-High-School-2c-Oakland-2c-Calif..jpg\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004198826\" data-attachment-id=\"1004198826\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/net-zero-energy-buildings-market-to-reach-78-8b-by-2025\/center-for-environmental-studies-bishop-odowd-high-school-oakland-calif\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Center-for-Environmental-Studies-2c-Bishop-O-27Dowd-High-School-2c-Oakland-2c-Calif..jpg\" data-orig-size=\"1599,1066\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;Canon EOS 5D Mark III&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1460038462&quot;,&quot;copyright&quot;:&quot;\\u00a9 David Wakely Photography, 415-378-5054, www.davidwakely.com&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;100&quot;,&quot;shutter_speed&quot;:&quot;0.016666666666667&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Center for Environmental Studies Bishop ODowd High School Oakland Calif.\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;The Center for Environmental Studies at Bishop O&#8217;Dowd High School in Oakland, Calif.&lt;br \/&gt;\nPhoto by David Wakely&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Center-for-Environmental-Studies-2c-Bishop-O-27Dowd-High-School-2c-Oakland-2c-Calif..jpg?w=1024\" loading=\"lazy\" class=\"size-medium wp-image-1004198826\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Center-for-Environmental-Studies-2c-Bishop-O-27Dowd-High-School-2c-Oakland-2c-Calif..jpg\" alt=\"The Center for Environmental Studies at Bishop O'Dowd High School in Oakland, Calif. Photo by David Wakely\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Center-for-Environmental-Studies-2c-Bishop-O-27Dowd-High-School-2c-Oakland-2c-Calif..jpg 1599w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Center-for-Environmental-Studies-2c-Bishop-O-27Dowd-High-School-2c-Oakland-2c-Calif..jpg?resize=300,200 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Center-for-Environmental-Studies-2c-Bishop-O-27Dowd-High-School-2c-Oakland-2c-Calif..jpg?resize=768,512 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Center-for-Environmental-Studies-2c-Bishop-O-27Dowd-High-School-2c-Oakland-2c-Calif..jpg?resize=1024,683 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/Center-for-Environmental-Studies-2c-Bishop-O-27Dowd-High-School-2c-Oakland-2c-Calif..jpg?resize=1536,1024 1536w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004198826\" class=\"wp-caption-text\">The Center for Environmental Studies at Bishop O&#8217;Dowd High School in Oakland, Calif.<br \/><em>Photo by David Wakely<\/em><\/p><\/div>\n<p style=\"font-weight: 400\">There are a host of factors that are expected to continue to bolster the number of NZEBs, including advances in technology, as well as expanding policies and programs. Additionally, organizations\u2019 mounting desire or need to meet certain targets and abide by regulations pertaining to sustainability and carbon emissions reduction will further contribute to the growth of the market.<\/p>\n<p style=\"font-weight: 400\">There\u2019s nothing like a good example to enhance participation: the net-zero energy trend is becoming increasingly prevalent at a range of properties, including corporate offices, institutional facilities, public buildings and schools. Architecture firm Siegel &amp; Strain announced earlier this year that two of its projects, Bishop O&#8217;Dowd High School\u2019s Center for Environmental Studies in Oakland, Calif., and the Jess S. Jackson Sustainable Winery Building at the University of California, Davis, made the list of California\u2019s 20 verified NZEBs. In 2013, Walgreens blazed a trail with the announcement of the\u00a0<a href=\"https:\/\/www.commercialsearch.com\/news\/walgreens-to-build-nations-first-net-zero-energy-retail-store-in-evanston-ill\/\"><u>first net-zero energy retail store<\/u><\/a>\u00a0in the U.S.<\/p>\n<p style=\"font-weight: 400\"><em>\u201cThe large number of successful projects with the use of current technologies and design approaches have created awareness among the population regarding how realistic and achievable the net-zero energy goals are,\u201d<\/em>\u00a0according to the Grand View report.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An increasing number of property owners around the world are turning to onsite renewable resources to fully support energy needs at their buildings, according to a new report by Grand View Research Inc.<\/p>\n","protected":false},"author":969,"featured_media":1004198824,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21786],"tags":[33782],"class_list":["post-1004198823","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sustainability","tag-university-of-california"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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