BungEES

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