New Buildings Energy Renovation Business Models incorporating dual energy services
H2020 Project
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.
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 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.
Company Details
- Employees
- 1
- Founded
- -
- Address
- Lee Martings, Dyke Parade, Cork,ireland 15232,ireland
- Industry
- Civil Engineering
- NAICS
-
Heavy and Civil Engineering ConstructionOther Heavy and Civil Engineering Construction
- Website
- http://www.novice-project.eu/
- Keywords
- to the grid.
- HQ
- Cork, Ireland
Novice Project Questions
Novice Project's website is http://www.novice-project.eu/
Novice Project's LinkedIn profile is https://ie.linkedin.com/company/novice-project
Novice Project has
1 employees.
View email and phone details for 1
employees at Novice Project.
Novice Project's industry is
Civil Engineering
Novice Project's top competitors are
Novice To Nurse,
Novice Business Consulting Cc,
Code Novice,
Novice + Pro,
Novice To Pro Investments,
Social Novice,
Tutori,
Expert Novice Group,
Novice Careers,
Tech Novice Hub.
Novice Project's categories are Civil Engineering
Novice Project's founding year is 2017
