Facilitator Service for Dual Energy Services

The role of facilitator Energy performance contracting (EPC) services are usually complex and long-term projects. Many building owners therefore do not dare to undertake such a project without competent and independent advice. Thus, many EPC markets in Europe are pushed forward by market facilitators that provide the necessary know-how and experience to support building owners […]

Building Technologies for Dual Services (Energy Efficiency and Demand Response)

The continuous growth of renewable energy and the transition to a more de-centralised electricity generation adds significant complexity to balance power supply and demand in the grid. These imbalances are partially compensated by demand response programs, which represent a new business opportunity in the building sector, especially for ESCOs. Including demand response (DR) to their […]

Is the flexibility market moving toward real time?

The UK National Grid procures its balancing products (in advance) through Ancillary Services (e.g. Short Term Operating Reserve (STOR)) and in real time through the Balancing Mechanism. Ancillary Services markets usually pay for the availability of the assets in addition to the utilisation, providing asset owners a level of certainty for some revenue during a […]

Project TERRE – The Trans-European Replacement Reserve Exchange

Under European Union electricity regulations, there is a requirement for the Transmission System Operators (TSOs) of Member States to collaborate in order to procure ancillary and balancing services in cross-border markets, enabling power providers to have access to a wider range of opportunities to sell, and to encourage greater cooperation between power markets across the […]

We turned off HVAC systems in a leisure centre for 2 hours. But did anyone notice?

Complaints from building occupants are one of the most difficult challenges that the facilities manager will experience. It’s a common problem, especially in open plan offices where those who feel the cold wear as many layers as they possibly can and huddle around a warm cup of coffee all day, while others sit in short […]

Exploiting the results of the NOVICE project – Lessons learnt from the Exploitation Strategy Seminar

The Exploitation Strategy Seminar (ESS) is an instrument to support partners of a research project to give sharper consideration to the potential of project results and their exploitation routes. The overall aim is to give the opportunity to project’s partners to reflect on Key Exploitable Results (KERs) and actions to be implemented in this direction. […]

Are combined Energy Efficiency and Demand Response interventions suitable for all building types?

Combining the revenue stream from energy savings with demand response schemes can prove to be a very effective way to increase the economic attractiveness of Energy Performance Contracts (EPCs). However, not all buildings will have the same increase in return on investment using this business model compared to an approach that considers energy efficiency alone. […]

Enhanced business organization chart for aggregators and ESCOs

The NOVICE project has worked analysing the market and creating a new business organization chart which covers the activities of both the aggregator and the ESCO in a dual service business model. The suggested chart inherently implies a complex network of data interchange, requiring software platforms and monitoring tools which must be able to communicate […]

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 appeal and financial viability of the NOVICE dual revenue stream Energy Performance Contract (EPC), which looks to combine Energy Efficiency (EE) and Demand Response (DR). At the outset, the NOVICE […]

Energy Efficiency with Demand Response – can a single business model solve both problems?

Buildings need to become more energy efficient. This is one of the key messages that underpins the recently revised Energy Efficiency Directive which mandates a 32.5% increase in energy efficiency by 2030 with scope for an upward revision of the target by 2023. At the same time, buildings also need to have greater energy flexibility […]