CBDC powered Smart PerFORrmance contracTs for Efficiency, Sustainable, Inclusive, Energy use

Project Information

FORTESIE

Grant agreement ID: 101080029

DOI

10.3030/101080029

Project closed

EC signature date 31 August 2022

Start date 1 September 2022

End date 31 March 2026

Funded under

• Climate, Energy and Mobility

Total cost

€ 9 574 600,30

EU contribution

€ 7 367 150,00

Coordinated by

EUROPEAN DYNAMICS LUXEMBOURG SA
Luxembourg

Periodic Reporting for period 1 - FORTESIE (CBDC powered Smart PerFORrmance contracTs for Efficiency, Sustainable, Inclusive, Energy use)

Reporting period: 2022-09-01 to 2024-02-29

Summary of the context and overall objectives of the project

As buildings guzzle energy and threaten climate goals, the FORTESIE project emerges to bridge the gap in energy-efficient renovations. Homeowners often lack awareness and financing for these upgrades, while the market itself is fragmented. FORTESIE tackles this challenge with a multi-pronged approach: piloting renovation solutions using the developed digital components and developing innovative financing models like green euro loans, and creating a user-friendly platform and OSS marketplace to empower homeowners throughout the renovation process. Extensive outreach efforts will raise awareness and promote the adoption of these energy-saving practices across Europe. The project expects significant energy savings and a streamlined renovation market. Social sciences and humanities play a crucial role in FORTESIE's success by understanding user behavior, facilitating stakeholder engagement, and crafting targeted communication strategies for maximum impact.

Work performed from the beginning of the project to the end of the period covered by the report and main results achieved so far

Work Package 2: Design of Combined Service Packages

Analyzed user requirements to define services for the FORTESIE platform.
Developed a methodology for co-creation of services with stakeholders.
Developed business models to facilitate KEO adoption.
Designed a reference architecture for the FORTESIE platform, including all the digital components.
Analyzed innovative payment systems for renovation services, including green euros and green loans.

Work Package 3: Components Development and Integration

Designed and developed digital components for the FORTESIE platform, including:
Data Sovereignty component for data collection and storage
FORTESIE Gamified Mobile Application for user interaction
Green-Euro application for financial transactions
Analytics component for data analysis
Behavioral Model and Recommendation Engine for personalized recommendations
Measurement and Verification Component for monitoring energy consumption
Energy Performance Contract component for smart contracts between stakeholders
Selected, prepared, and integrated building renovation components for the pilot projects.

WP4: Pilots Deployment and Validation (M8-M34)

Established pilot preparation framework and baseline analysis.
Developed pilot-specific KPIs to evaluate renovations and digital services.
Organized pilot working groups and dissemination activities.

WP5: Sustainability, Market Take-up Plans and Innovative Financing (M14-M36)

Explored offering green loans to incentivize renovations.
Identified and refined key exploitable outcomes (KEOs) for commercialization.
Designing renovation package approach to support commercialization.
Conducted market research and competitor analysis of existing renovation platforms.
Developed the foundation for an online OSS platform.
Created informative content for homeowners and building owners.

Progress beyond the state of the art and expected potential impact (including the socio-economic impact and the wider societal implications of the project so far)

The FORTESIE project is poised to deliver a range of impactful results:
1.Integrated digital solutions for trustworthy, automated and standardised ESIE performance improvement calculation and visualation
2.Integrated renovation packages solutions to raise the overall EPC value proposition
3.Data Analytics and Recommendation engine
4.Gamification app
5.Data Sovereignty
6.EPC and IPMVP standard based M&V
7.DREEM model
8.Automated measurement and monitoring of building performance improvements
9.FORTESIE online OSS marketplace for sustainable service provisioning and value chain networking (One-Stop-Shop for building renovation for ESIE, networking and empowering local actors)
10.Financing schemes for integrated renovation packages
11.Collaborative business models for immediate take up (adopting legal, regulatory and ethical
12.aspects)
13.Reference architecture and blockchain digitisation suite which improves the automated and International Performance Measurement and Verification Protocol (IPMVP)
14.Behavioural model for inclusive, efficiency and engagement of buildings’ owners to renovation investments
15.Regulatory framework

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