Energy costs are one of the greatest challenges facing the re- al-estate industry and FibraShop stakeholders. We can reduce our exposure to price fluctuations by improving our energy efficiency, ultimately reducing the operating cost of our assets. Incorporating energy efficiency considerations into the design and construction of our assets can also help reduce our tenants’ energy needs and lower GHG emissions.
To measure our progress, we compared the results of 2021 against those of 2019 (our base year).
Energy Consumption in our Properties
Change in Non-renewable Energy Consumption (GJ)
To identify the properties that are most efficient in their use of renewable and non-renewable energy, we calculated energy intensity, which is the ratio of energy consumption (GJ) to constructed area of each property (in m2). On average, FibraShop reports an energy intensity of 0.04 GJ/m2 of construction, also expressed as 11.08 kWh/m2 of construction, which is a 6% reduction from the previous year and 44% compared to 2019.
Energy intensity above 0.03 GJ/m2 2019-2021
Energy intensity below 0.03 GJ/m2 2019-2021
Solar Panel Systems
In 2021, FibraShop consumed a total of 2,923.16 MWh from solar panels installed in the following properties:
Starting in May 2022, we installed solar panels in 15 properties. The project will take around 52 weeks to complete, including installation, testing and final operation, and will require an investment of around MXN 100 million. Once installed and operating, the total solar panel system may generate as much as 51.2% of the energy we consume in a year, in other words, more than 11.8 million kWh per year.