Look closer to the project goals

Unlocking Smart EES Potential

The overall objective of the project is to develop an integrated package (a one-stop-shop package) of novel smart energy efficiency services (EES) integrating energy efficiency and distributed generation, demand response, e-mobility, energy storage/hybrid energy systems and integrating different energy sectors (e.g., electricity with heating and cooling), and to develop innovative financing and rewarding solutions. In addition, the integration of non-energy benefits and non-energy services will be investigated. Focus will be on identifying market, regulatory and other barriers for integrated energy efficiency. Innovative legal, financial, and regulatory solutions to overcome these barriers and enablers of EES market will be recommended.

Analytics, integration and efficiency...

Advanced analytics capabilities to better manage energy consumption in buildings and allow the implementation of the energy services integrated into smart EES package will be demonstrated to market actors and final consumers/prosumers allowing the integration on various markets (balancing market, wholesale market, ancillary services, flexibility market), as well as to ensure performance improvements providing benefits on comfort, health, and safety aspects. Focus will be on methods to assign rewards and financial incentives to all market actors, e.g., energy services providers companies (ESPCs), aggregators, DSOs, energy cooperatives, obliged parties under the Energy Efficiency Obligation Schemes implementing art 7 EED, final consumers/prosumers, etc. To further ramp up energy efficiency along with an interest in better use of digital energy meter data and analytics to encourage efficiency, the project will consider the use of pay-for-performance schemes that would reward energy savings on an ongoing basis as the savings occur, often by examining data from a building’s energy meters, rather than, for example, providing up-front payments to fund energy-saving measures.

Regulatory Conditions and Opportunities in the EU

Considering the differences in today’s differences between EES markets and relevant regulatory environment in EU Member States, the (r)evolution of smart EES will differ from one country to another. The project will analyse the regulatory conditions for unlocking the full potential of integrated energy efficiency services and whether any market organisation measure would be necessary.

In improving the quality of life and tackling climate change there is a golden opportunity to leverage the advancement of energy policy, delivering major changes in the future and help economic recovery. If emissions from buildings become part of European emission trading than carbon emission reduction will become new revenue source and/or source for financing energy efficiency.