#SENSEI: A NEW PROJECT TO DEVELOP SMART ENERGY SERVICES INTEGRATING THE MULTIPLE BENEFITS FROM IMPROVING THE ENERGY EFFICIENCY OF THE EUROPEAN BUILDING STOCK
Testing pay-for-performance (P4P) models in Europe
The Energy Performance Contracting (EPC) model has been successful in attracting investments in energy efficiency, but mainly for single, large projects. Energy efficiency programs, on the other hand, constitute an alternative path to scaling up the number of buildings that implement energy efficiency interventions, but the practice of rebates and incentives that are paid upfront creates a need to rely on deemed energy savings and on complex and costly regulations that hinder innovation. SENSEI will propose a solution to this deadlock.
Building on earlier successful experimentation outside of the EU, such as pay-for-performance contracts, we will design concepts and business models that will help: generate new sources of benefits that increase the value of an energy retrofit project by enabling the compensation of energy efficiency as an energy resource; turn the project’s value into an investable asset to attract private financing; aggregate buildings and energy efficiency measure plans into portfolios of energy savings that can be offered to energy providers and to third party investors through energy savings purchase agreements.
SENSEI is coordinated by IEECP with 12 partners: GENCAT (Departament de Territori i Sostenibilitat – Generalitat de Catalunya), CIMNE (CENTRE INTERNACIONAL DE METODES NUMERICS EN ENGINYERIA), ADV (ADVANTIC SISTEMAS Y SERVICIOS SL), FACTOR 4 (FACTOR 4 BVBA), RAP (REGULATORY ASSISTANCE PROJECT), HEBES (HEBES INTELLIGENCE SINGLE MEMBER I.K.E.), OFFIS (OFFIS EV), VAASAETT (GECO GLOBAL IVS), SINERGIE (Sinergie Società Consortile a Responsabilità Limitata), DBT (FONDEN TEKNOLOGIRADET), OMNIA ENERGIA (OMNIA ENERGIA SPA), UNICAL (UNIVERSITA DELLA CALABRIA)
Contact: Filippos Anagnostopoulos, filippos@ieecp.org