Innovation in building retrofits for energy efficiency and demand response

NOVICE will develop and demonstrate a new business model in building renovation to better monetize energy efficiency by consolidating services and subsequent revenue streams from both energy savings and demand response.

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GOAL

NOVICE'S main goal is to develop and demonstrate an innovative business model for Energy Service Companies (ESCOs) that will provide energy savings to buildings and Demand Response (DR) services to the grid after renovating buildings or blocks of buildings.

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MAIN OBJECTIVES

Engage and train new actors and stakeholders (aggregators, ESCOs, technology providers, FMs, engineering consultants) Address regulatory, market, technological and financial barriers for dual energy services in building renovation Prescribe the building energy renovation technologies that increase demand response flexibility and energy efficiency Develop an innovative business model and a new Energy Performance Contracting template providing dual energy services

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WHY CHOOSE THE NOVICE MODEL

Engage and train new actors and stakeholders (aggregators, ESCOs, technology providers, FMs, engineering consultants) Address regulatory, market, technological and financial barriers for dual energy services in building renovation Prescribe the building energy renovation technologies that increase demand response flexibility and energy efficiency Develop an innovative business model and a new Energy Performance Contracting template providing dual energy services

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PROJECT PLAN

The NOVICE plan entails the initiation of at least three agreements between ESCOs and Aggregators in the most mature European markets. Five workshops and three webinars will be organized for stakeholders, to be educated in the NOVICE approach in building energy upgrades. Complementary outreach activities involve three surveys amongst ESCOs, Aggregators and End Users.


In our new article, Jo Southernwood (IERC) explains the role of energy efficiency and demand response in enabling the energy transition in Europe. Read the complete article here: https://t.co/jBb8WWxnev

Integrating energy efficiency and DR to enable the energy transition in Europe https://t.co/jBb8WWxnev

Innovation opportunities in grid-interactive efficient buildings https://t.co/0ROlfM021I

Liquid windows and the energy-efficient buildings of tomorrow https://t.co/8Crge4LuWD

Energy Efficiency as a Climate Solution: Our Goal for 2020 https://t.co/g5zQR76ELG

AT A GLANCE

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