BB4.3-Life Cycle Assessment

Elias Koumoulos

  • Description

Life Cycle Costing (LCC) based on the IRES excel-based tool developed in-house, according to the LCA methodology and standards. Cost data gathering in cooperation with the interested beneficiaries. Literature review for further data gathering -if needed-.

  • Standardisation

ISO 15686-5:2017 (ISO 15686-5:2017) for buildings sector

  • Innovation features

IRES: In-house excel based tool incorporating hybrid cost modeling that combines direct financial data with environmental externalities, aligning with EU sustainable finance and circular economy principles.

Pricing

IRES: 7.700€ per service month, EUT: Ranging from 5k€ to 500k€

Service delivery timeframe

IRES: 2-6 months depending on project complexity,
EUT: 1-48 months depending on project complexity

  • Relevant Industry

Contruction and building materials, renewable energy, advanced materials, sustainable design and green building consultants

Providers

IRES, EUT

Supporting Services

LCI, LCC,
Safe-and-Sustainable by Design

  • Value proposition

IRES: IRES is deeply engaged in sustainability and material innovation research providing our services to the latest cutting-edge technologies, including Nearly Zero Emission Buildings (NZEBs), Renewable Energy Systems, Additive Manufacturing, and Composites, giving us a unique advantage in delivering precise, industry-specific LCA-LCC insights.

EUT: has extensive experience and a proven track record in LCA, LCC, S-LCA, design for circularity and SSbD, providing robust, data-driven insights to support sustainable decision-making.

  • Environmental and social impact

LCC contributes to EU sustainability and circular economy goals by evaluating the total economic impact of materials and technologies over their entire life cycle, from production to disposal. By helping businesses optimize costs while considering long-term environmental and energy efficiency benefits, LCC supports resource-efficient investments, green innovation, and financially viable sustainability transitions.

  • Geographical and/or infraestructure restrictions

  • Service Support

IRES: Kickoff meeting to understand the project and explain the service. Follow-up meeting for clarifications, if needed. Meeting for results presentation at the end of the service.
EUT: Kickoff meeting to discuss the project and outline the service. Follow-up meetings for any necessary clarifications. Final meeting to present the results.