Project description
An innovative solution to reduce energy consumption and bills
Buildings use a significant amount of energy and are responsible for producing high levels of energy-related carbon dioxide emissions. Refurbishing buildings to be more energy efficient is key to reducing these levels. In support of this, France's Economie d’Énergie has developed a solution – a renovation hub that helps guide the customer through all stages of building optimisation, from determining the energy performance of a house up to its refurbishment. Through the EU-funded EDE project, a beta version of the hub will be evaluated, and customer experience feedback will be gathered. The project will also conduct a market study that will help them understand the gap in the market for a comprehensive and intelligent system to improve energy efficiency.
Objective
The 40% of energy consumption and the 36% of CO2 emissions in the EU are produced by buildings. Besides, the 35% of the buildings in the EU are more than 50 years old, and almost 75% of the building stock (15,000,000 buildings only in France) are energy inefficient (Certification levels between E and G). Economie d’Énergie´s (EDE’s) solution (Easy Renovation Hub) is a Hub that guides the customer from the Energy performance determination up to the refurbishment of a house. We provide all the services needed to optimise the energy performance of a house. To optmise the solution, we use a self-learning algorithm developed by the company, based on a Beta version already commercialised in France. The competitive advantage of the Easy Renovation Hub is that it is able to find the best technical solution based on a self-learning algorithm and guides the householder from the beginning to the end, until the optimisation of the energy performance level (A to C).This project will have a Return of Investment ROI of 4.42 by 2023 and we will reach the payback in 2021. Easy Renovation Hub will also have a positive impact regarding employment, as 50 people are planned to be hired.
Fields of science
- natural sciencescomputer and information sciencesartificial intelligence
- natural sciencescomputer and information sciencesdata science
- engineering and technologyenvironmental engineeringenergy and fuelsrenewable energy
- natural sciencesearth and related environmental sciencesenvironmental sciences
- engineering and technologycivil engineeringarchitecture engineeringsustainable architecturesustainable building
Programme(s)
Funding Scheme
SME-1 - SME instrument phase 1Coordinator
75017 PARIS
France
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.