Newsletter 06 - PAY-FOR-PERFORMANCE (P4P) to drive energy efficiency in Europe
We are now reaching the end of the SENSEI project, which for the past 3 years has examined the next generation of energy efficiency policies and business models based on Pay-for Performance (P4P). We focused on the US example, where information from smart meters is used to reward end-users and aggregators based on energy savings. We have found that their potential implementation in the EU could facilitate financing, and improve the ESCO market, building on the new Article 8 of the EED and channelling investments from obligated parties.
>> Read our sixth newsletter and learn about our latest results here
Newsletter 04 - OUR LATEST RESULTS AND EVENTS
The SENSEI project is entering its third and last year. Over the past two years, we have increased the understanding of European stakeholders around Pay-for-Performance programmes and, in this SENSEI newsletter, we share our latest project deliverables and findings. You will also find the recordings from presentations at events and a list of upcoming events.
>> Read our fourth newsletter and learn about our latest results here
Newsletter 03 - OUR LATEST RESULTS AND EVENTS
In the third SENSEI newsletter, we share our latest project deliverables and findings. You will also find the recordings from presentations at events and a list of upcoming events.
>> Read our third newsletter and learn about our latest results here
In the second SENSEI newsletter we invite you to dig into the dissemination materials we have produced so far. We also share the benefits of being part of the SENSEI community, where we offer the opportunity to engage in the cocreation process of the beneficial P4P business models.
>> Read our second newsletter and learn about our latest results here
SENSEI enables the compensation of energy efficiency as an energy resource and grid service, while turning the project’s value into an investable asset for private financing.
The key concept behind SENSEI is pay-for-performance (P4P). Instead of the cumbersome practice of rebates and up-front incentives that create a reliance on deemed -and often unrealistic- energy savings, the P4P concept makes transactions fair. Payments are made only for real savings.
Within SENSEI we will integrate P4P at the preparation and implementation stages of the Energy Performance Contracting model.
>> Read our first newsletter and find out more about SENSEI and P4P modelling here
