SmartSPIN will develop, test, validate and exploit a new business model that leads to greater uptake of Smart Energy Services (SES) deployed via performance-based contracting in the commercial rented sector. This sector has huge untapped potential for energy efficiency and flexibility but the split incentive problem has so far prevented the use of performance-based approaches to realise these savings. SmartSPIN removes this barrier through an Energy Efficiency-as-a-Service (EEaaS) concept that couples the contractual agreements between tenants, building owners and energy efficiency providers with technologies for energy monitoring, management and measurement and verification (M&V), increasing transparency, credibility and persistence of savings. SmartSPIN brings together a consortium of leading experts from the whole value chain to develop the SmartSPIN business model toolkit: a set of tools and resources for stakeholders on both the supply side (energy service companies, M&V specialists, etc.) and the demand side (tenants, building owners etc.) of the value chain. Technical resources include data-based M&V tools for accurate baseline estimation and predictive algorithms for building operation and control available via an Application Programming Interface to use with any energy data visualisation platform. Non-technical resources include best practice guides for stakeholders looking to deploy the SmartSPIN business model, contractual templates for EEaaS, case studies and infographics to describe the key features to a non-technical audience. SmartSPIN will validate the toolkit through extensive stakeholder engagement and by demonstrating its effectiveness in the commercial rented sector in 3 pilot regions (Spain, Greece and Ireland). To maximise impact, SmartSPIN will train 350 stakeholders on the business model’s key features through a series of pan-European exploitation workshops and webinars who will become early adopters beyond the end of the project.

NOVICE will develop and demonstrate a new business model in building renovation to better monetize energy efficiency by consolidating services and subsequent revenue streams from both energy savings and demand response. In order to do so NOVICE introduces new actors (aggregators) in building energy upgrade projects and fosters their collaboration with ESCOs, financing institutions, facilities management companies, engineering consultants to facilitate the roll out of the dual (grid services and energy efficiency) energy services model. The main business bond to be forged between ESCOs and Aggregators through NOVICE will allow their seamless collaboration in exploiting economies of scope and scale along with risk sharing on implementing building energy renovations. That business relationship will take the form of a MoU and will result in the composition of a new enhanced EPC template that can deliver the successful deployment of the dual energy services scheme in building renovation. The enhanced EPC template and the overall dual energy services scheme will be scrutinized by a financing institution to assess its bankability and identify the appropriate financing mechanisms for initiating and rolling out investments under that scheme. NOVICE throughout its duration targets to trigger the initiation of more than 20.8 m EUR of investments in building renovation based on the dual energy services model that will result in primary energy savings of more than 25.2 GWh/year. To achieve that target NOVICE brings together a highly experienced consortium that consists of stakeholders from the entire value chain (research institutions, technology vendors, engineering consultants and facilitators, Aggregators, ESCOs, Financing institutions, Facilities Management companies) of building renovation. Strong participation of SMEs (6 out 9 partners) demonstrate the commercial exploitation potential of the NOVICE outputs and supports the successful rollout of the NOVICE business model.