As part of its energy management and sustainability strategy, GTC Hungary will use 100 per cent green electricity in all its commercial properties from 2023. According to plans, the real estate developer will reduce its domestic energy consumption by 20 per cent by 2025.
Exclusively from renewable sources
The need to use as much renewable energy as possible is gaining importance in the context of efficiency requirements. Recognizing this, GTC Hungary will provide tenants in all its properties with energy exclusively from renewable sources from the beginning of 2023, thanks to an agreement with MVM Next Energiakereskedelmi Zrt. as Officerentinfo reports.
In the interest of sustainable energy management, GTC also contributes to environmentally friendly power generation by installing its own solar panels on the roofs of office buildings to generate up to 10 per cent of a property’s required electricity.
Clean energy for the entire portfolio is a realistic goal
When announcing the news, János Gárdai, regional operational director of GTC Group, said, that while green energy was already available for tenants with above-average energy consumption, with this year’s change, GTC Hungary will cover around 40 GWh of electricity demand per year from clean sources for the entire portfolio.
With increased investments in energy efficiency this year, GTC anticipates portfolio-level energy savings of 20 per cent. As the Duna Tower office building has already achieved such a reduction in energy consumption in 2019, it is a realistic target for all properties to reduce energy consumption by one-fifth by 2025.
This will primarily be achieved by upgrading cooling and heating systems, modernizing lifts, installing heat pumps, and implementing intelligent lighting and building control systems. This not only reduces operating expenses for tenants but also compensates for the marginally higher purchase price of the anticipated green energy consumption.