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.

6 days ago
Smart building technology necessary for economic and environmental change https://t.co/8XXUU8SVGH via @GovEuropa
6 days ago
Energy efficiency can save the world — if we can figure out how to pay for it https://t.co/Bl0lz7duUD via @UtilityDive
6 days ago
Utilities encourage energy savings with smart thermostats https://t.co/PvxIFlBlGD via @physorg_com
1 month ago
Automated Demand Response Management Systems Market 2018 Size, Demand,Analysis, Segmentation Regions
https://t.co/xI0y33noLI

AT A GLANCE

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