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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.
A next generation energy efficiency meter named eensight was created by SENSEI. The eensight tool is based on machine learning and will contribute to the much-needed advancement of the automated measurement and verification (M&V) methods for portfolios of buildings’ energy efficiency and provide essential insights for investors, legislators, building owners and energy companies to realise their goals. eensight is essentially an automated meter for energy savings. A key ingredient for the digitalisation of the energy efficiency-related activities.
This platform provides practical information for those interested in kn...
This platform provides practical information for those interested in knowing more about the details of Pay for Performance schemes, and the SENSEI model in particular.
The content of the platform is organized so as to present what P4P means for four key stakeholder groups: Building owners, energy providers, ESCOs and policy makers. By clicking each of the four categories you can explore what P4P means for each category.
The contents are tailored to at once provide information for members of this stakeholder category to understand what P4P is for them, as it sketches the incentives for that particular group for getting involved in a P4P scheme, the requirements, responsibilities and tasks that are entailed.
But the content is also relevant for others wanting to get a fuller grasp of what P4P means in practice and what it entails for key stakeholder groups.
Developed in the Framework of the SENSEI project
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