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.


How much revenue can be generated from participation in a dual energy services scheme?
Find more in our latest promotional video
https://t.co/P3SRfB2jIm
@IERC_Info @IERC_Info @Carbon_Minded @HT_EnergyLabs @NLGES @kiwipowered @SOLINTEL_Tech @JouleAssets @tecnalia

#H2020 #EE #DR

Do you wonder whether #DemandResponse can benefit #EPC projects?
We tested the NOVICE dual energy service model in a supermarket in Ireland.
EPC payback period can be reduced by up to 16% after participation in DR schemes.

@NLGES @kiwipowered @IERC_Info https://t.co/BWzEDj6ZWQ
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Which are the most suitable technologies for DR and EE in buildings? NOVICE identified combinations of technologies for enhancing the exploitation of DR strategies while EE in buildings is improved.
Read more in our latest blog post
https://t.co/bW6VBwjc4r

@tecnalia @IERC_Info

AT A GLANCE

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