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.
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.
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
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
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
AT A GLANCE
RESOURCES
Public Results
Publicly available NOVICE outcomes
Publications
Scientific publications produces within the NOVICE project
Dissemination Material
Promotional content and Dissemination material
Relevant Links
Associated external resources and projects
BLOG
Is a Dual Revenue Stream EPC Bankable for European investors?
A New Model Combining Energy Efficiency and Demand Response As part of the NOVICE project, Joule Assets Europe conducted a research study measuring the
PARTNERS
