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.


Is a Dual Revenue Stream EPC Bankable for European investors? - https://t.co/yB7OA8l99G
Read about the financial viability of the NOVICE dual revenue stream Energy Performance Contract in our latest @EU_BUILDUP post
#energyefficiency #demandresponse

G20 Energy and Environment Ministers Raise Importance of Energy Efficiency at Joint Ministerial Meeting https://t.co/47suIZhPx6 via @ERenovables

In 12 ans 13 of June, the @Novice_Project Consortium gathered together in Brussels for the fourth plenary meeting. Alongside the event, an exploitation strategy seminar took place, organised by SSERR. https://t.co/NjPDS0k7JP Novice_Project photo

Check out the article published by @STUNNING_EU, in collaboration with @Novice_Project, on Energy Performance Contracting.
https://t.co/ZwIpY8eOx0

We are happy to have participated in the webinar on Innovative business models and smart financing organised by the @STUNNING_EU project.
The full recording of the webinar is now available online
https://t.co/9sewUuYoUt

AT A GLANCE

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