Energy efficiency and demand response in building retrofits
Energy Innovations & Demonstration Projects Lifecycle Costs & Economic Efficiency Energy Services & Business Models International Projects & Technical Assistance
Source: NOVICE
Project partner
- International Energy Research Centre (IERC)
- Fundacion Tecnalia Research & Innovation
- KiWi Power
- Hypertech
- Solintel
- Joule Assets Europe AB OY
- Noel Lawler Green Energy Solutions
- Apleona
Project description
The EU research project NOVICE is aimed at operators of service buildings and pursues the approach of integrating demand response services into energy performance contracting projects. This is based on the expectation that the merger of DR and energy efficiency will increase the profitability of the projects.
NOVICE's main goal is to develop and demonstrate an innovative business model for Energy Service Companies (ESCOs) that will provide energy savings to buildings and Demand Response (DR) services to the grid after renovating buildings or blocks of buildings.
NOVICE's ambition is to provide the mechanism for a significant share of the DR market to be used in the renovation of European tertiary buildings through ESCOs. The main specific objectives of NOVICE for the realisation of that ambition are:
NOVICE's ambition is to provide the mechanism for a significant share of the DR market to be used in the renovation of European tertiary buildings through ESCOs. The main specific objectives of NOVICE for the realisation of that ambition are:
- Engage and train new actors and stakeholders (aggregators, ESCOs, technology providers, FMs, engineering consultants)
- Address regulatory, market, technological and financial barriers for dual energy services in building renovation
- Description of building energy renovation technologies that increase demand response flexibility and energy efficiency
- Develop and proof an innovative business model and a new Energy Performance Contracting template integrating dual energy services
e7's mission in this project is to evaluate revenue opportunities through flexibility in different markets (Spain, Austria, Ireland) using simulated buildings. Primarily the secondary control market will be analysed. The results are directly incorporated into the development of business models. In addition, measures for buildings that are suitable for the marketing of flexibility are developed.
Source: NOVICE