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Assessing the intangibles: the socioeconomic benefits of improving energy efficiency

Objective

Improving energy efficiency can deliver a range of benefits to the economy and society. However, energy efficiency programmes are often evaluated only on the basis of the energy savings they deliver, without considering the many other socio-economic and environmental intangible benefits delivered. As a result, the full value of energy efficiency improvements in both national and global economies may be significantly underestimated.

The main aim of IN-BEE is to address the theme of energy efficiency and to describe and provide evidence for the many intangible benefits of improving energy efficiency through a multi-disciplinary approach, combining methods, datasets, and techniques from cutting edge research in law and economics, humanities and consumer behavior, regulation and environmental sciences, as well as engineering.

The overall outcome of IN-BEE is to consolidate a set of policy recommendations for the EU and public/private institutions in charge of promoting energy efficiency, competitiveness and environmental and social sustainability.


IN-BEE will impact on both consumers (residential and companies) and policy makers, by:

• Developing a set of indicators to measure intangible benefits of energy efficiency
• Developing Key Performance Indicators to assess the impact of energy efficiency strategies
• Studying relevant cases and identifying best practices
• Bridging policy makers and researchers through a web platform
• Involving a vast audience of stakeholders

IN-BEE combines a strong scientific base with a concrete and focused approach (based on real-life case studies), aiming to involve primarily regional and local stakeholders and to support them in assessing results of previous plans and initiatives on energy efficiency and, above all, in designing new effective strategies.
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Coordinator

UNIVERSITA DEGLI STUDI DEL PIEMONTE ORIENTALE AMEDEO AVOGADRO

Address

Duomo 6
13100 Vercelli

Italy

Activity type

Higher or Secondary Education Establishments

EU Contribution

€ 225 750

Participants (7)

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DELOITTE ADVISORY SL

Spain

EU Contribution

€ 201 875

INSTYTUT ENERGETYKI

Poland

EU Contribution

€ 96 875

UNIVERSITAET GRAZ

Austria

EU Contribution

€ 60 312,50

SOFIA ENERGY CENTRE LTD

Bulgaria

EU Contribution

€ 137 750

THE CHANCELLOR, MASTERS AND SCHOLARS OF THE UNIVERSITY OF OXFORD

United Kingdom

EU Contribution

€ 173 125

Teknologian tutkimuskeskus VTT Oy

Finland

EU Contribution

€ 125 000

TEKNOLOGIAN TUTKIMUSKESKUS VTT

Finland

Project information

Grant agreement ID: 649619

Status

Closed project

  • Start date

    1 March 2015

  • End date

    31 March 2017

Funded under:

H2020-EU.3.3.6.

  • Overall budget:

    € 1 020 687,50

  • EU contribution

    € 1 020 687,50

Coordinated by:

UNIVERSITA DEGLI STUDI DEL PIEMONTE ORIENTALE AMEDEO AVOGADRO

Italy