Electrification

The future is electric

One of the biggest challenges facing our industry is decarbonisation. What is the best way to eliminate emissions from buildings and how do we do it at speed and scale to meet investor, tenant, and government expectations? 

Every decarbonisation strategy will look different but for our industry to reach zero carbon they should all have one thing in common – electrification. 

Electrification is the better way for us to create future-ready buildings that are highly efficient, fossil fuel free and powered by renewable energy. Not only are efficient, electric buildings better for the planet, but they’re better for people and the bottom line too. 

In line with our target to reach Absolute Zero by 2040 for Scope 1, 2 and 3 emissions without the use of offsets, electrification across our global investments, development and construction activities is essential.

Cate Harris, Global Head of Sustainability and Foundation, Lendlease

Why electrification is the better way forward

The technologies are available now 

While other sectors will take time to decarbonise, the technology for electrifying buildings already exists and is proven. From hospitals to aquatic centres, to new and existing buildings, electrification is being demonstrated in buildings of all shapes and sizes.  

It's the better pathway towards decarbonisation

Electrification is the cleaner, better way towards decarbonisation and it will allow us to eliminate fossil fuels like gas, which are harmful for people and the planet. Right now, gas is responsible for almost 30% of building energy consumption in Australia; eliminating it from our buildings will make a big difference, quickly. Our grid is also getting cleaner and faster, so once you've electrified, you'll be able to turn off fossil fuels, tap into renewable energy and play your role in the clean energy transition. 

Better for people

Fully electric buildings are better for you, your family, your workmates and customers. When we burn gas in kitchens – at home or in restaurants - we release harmful pollutants. Cooking with gas has asthma risks comparable to secondhand cigarette smoke and children living in homes with gas cooking have a 42% increased risk of having current asthma. It’s clear that electrification is the healthier, better option for our homes and workplaces.  

Makes better financial sense

Many tenants already know electric buildings are better, with 80% including or planning to include electrification clauses in leases. Electric buildings are future-ready, without outdated technology that fossil fuels rely on. If you want your asset to attract investors and have access to sustainable finance, choose an electrified building on a clear decarbonisation pathway. 

Resources to help you electrify

It’s clear, the future is electric. Whether you’re looking to electrify a new building or existing building, there’s a practical resource that will get you started on your electrification journey. 

Guide
Released: Mar 2022

A practical guide to electrification: for existing buildings

This guide outlines the steps involved in retrofitting existing buildings to be all-electric and the types of technologies that can be used today to replace natural gas systems with electric solutions. 

Guide
Released: Mar 2022

A practical guide to electrification: for new buildings

This guide outlines the steps involved in delivering an all-electric new building and the types of technologies that can be used today to replace natural gas systems with electric solution.

Discussion paper
Released: Jun 2023

From net zero to zero: a discussion paper on grid-interactive efficient buildings

This paper aims to start a conversation on the role of GBCA and its members in understanding the impact of the built environment on a rapidly transforming electricity grid, and vice-versa.

Learn more about electrification with leading expert David Clark

Why electrification is the better way forward

Demystifying green hydrogen

How the GBCA is helping to electrify buildings

Upcoming courses and events

Wed 13 Mar - Thu 21 Mar 2024

TRANSFORM virtual

Where: online
Category: Conferences
CPD Points: 8
More info
Wed 13 Mar - Thu 21 Mar 2024

TRANSFORM in-person plus

Where: Sydney
Category: Conferences
CPD Points: 8
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