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Pay-for-performance to drive energy efficiency in Europe
SENSEI enabled energy efficiency to be rewarded as an energy resource and a new grid service while turning the energy efficiency retrofit project’s value into an investable asset for private financing.
SENSEI combined pay-for-performance (P4P) arrangements with the Energy Performance Contracting (EPC) model and engaged in negotiation games with preliminary stakeholders. This offers the possibility for stakeholders to shape the SENSEI business models according to their needs.
In making buildings more energy-efficient and attractive for third-party investors, SENSEI is fostering the business community to contribute to the EU climate goals while avoiding the construction of new power plants and reducing grid infrastructure costs.