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New Buildings Energy Renovation Business Models incorporating dual energy services

Objective

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. In order to do so NOVICE introduces new actors (aggregators) in building energy upgrade projects and fosters their collaboration with ESCOs, financing institutions, facilities management companies, engineering consultants to facilitate the roll out of the dual (grid services and energy efficiency) energy services model. The main business bond to be forged between ESCOs and Aggregators through NOVICE will allow their seamless collaboration in exploiting economies of scope and scale along with risk sharing on implementing building energy renovations. That business relationship will take the form of a MoU and will result in the composition of a new enhanced EPC template that can deliver the successful deployment of the dual energy services scheme in building renovation. The enhanced EPC template and the overall dual energy services scheme will be scrutinized by a financing institution to assess its bankability and identify the appropriate financing mechanisms for initiating and rolling out investments under that scheme. NOVICE throughout its duration targets to trigger the initiation of more than 20.8 m EUR of investments in building renovation based on the dual energy services model that will result in primary energy savings of more than 25.2 GWh/year. To achieve that target NOVICE brings together a highly experienced consortium that consists of stakeholders from the entire value chain (research institutions, technology vendors, engineering consultants and facilitators, Aggregators, ESCOs, Financing institutions, Facilities Management companies) of building renovation. Strong participation of SMEs (6 out 9 partners) demonstrate the commercial exploitation potential of the NOVICE outputs and supports the successful rollout of the NOVICE business model.

Field of science

  • /social sciences/economics and business/business and management/business model
  • /social sciences/economics and business
  • /social sciences/sociology/governance/public services
  • /engineering and technology/environmental engineering/waste management/energy efficiency

Call for proposal

H2020-EE-2016-CSA
See other projects for this call

Funding Scheme

CSA - Coordination and support action

Coordinator

UNIVERSITY COLLEGE CORK - NATIONAL UNIVERSITY OF IRELAND, CORK
Address
Western Road
T12 YN60 Cork
Ireland
Activity type
Higher or Secondary Education Establishments
EU contribution
€ 350 581,25

Participants (8)

FUNDACION TECNALIA RESEARCH & INNOVATION
Spain
EU contribution
€ 151 500
Address
Parque Cientifico Y Tecnologico De Gipuzkoa Paseo Mikeletegi 2
20009 Donostia/san Sebastian (Gipuzkoa)
Activity type
Research Organisations
KIWI POWER LTD
United Kingdom
EU contribution
€ 233 750
Address
35 Ballards Lane
N3 1XW London
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
HYPERTECH (CHAIPERTEK) ANONYMOS VIOMICHANIKI EMPORIKI ETAIREIA PLIROFORIKIS KAI NEON TECHNOLOGION
Greece
EU contribution
€ 196 250
Address
32 Perikleous Street
15232 Chalandri Athina
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
SOLINTEL M&P SL
Spain
EU contribution
€ 317 500
Address
Avenida De Jerez 33
28514 Nuevo Baztan
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
E7 ENERGIE MARKT ANALYSE GMBH
Austria
EU contribution
€ 226 062,50
Address
Walcherstrasse 11/43
1020 Wien
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
JOULE ASSETS EUROPE AB OY
Finland
EU contribution
€ 278 062,50
Address
Skata Mjodtrask V 13
64510 Nampnas
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
NOEL LAWLER GREEN ENERGY SOLUTIONS LIMITED
Ireland
EU contribution
€ 200 000
Address
7 Patrick Street
R95 HT9T Kilkenny
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
APLEONA HSG GMBH
Germany
EU contribution
€ 87 500
Address
An Der Gehespitz 50
63263 Nev Isenburg
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)