Summary
The DistrictEES project aims to realise the EPC-based renovation of three entire districts, financed partly by private investors, covering all major target groups: private owners, housing associations, public buildings and commercial buildings.
DistrictEES builds on the most successful EPC model of The Netherlands for home renovation, the WoningAbonnement (WOAB); loosely translated as Energy Efficiency Subscriptions. In this project, WDW (the ESCO) will apply this model at district level to four different end user groups, launching €47M of energy efficiency investments in three districts in the Gelderland province. This district level approach has major advantages, such as:
• Reaching a sufficient project aggregation level to attract private investors and to provide over-demanded contractors with large scale efficient projects
• Reaching higher conversion rates among participants (peer pressure, FOMO)
• Ability to offer cheaper and more efficient district-level technical solutions
• Efficiency gains, both in time and money, due to economies of scale
By combining clever financial engineering solutions such as project aggregation, a revolving fund and on-bill financing, DistrictEES will have significant impact on the market, both in terms of direct energy savings and as a result of the showcase element that comes with a district level EPC renovation project that is cofunded by private investors.
This project enables WDW to overcome financial, legal and organisational barriers for the DistrictEES concept, enabling accelerated roll-out of the Energy Efficiency Subscriptions model. By implementing the concept at district level on a €47M scale, WDW can fully capitalise on the potential of the district level approach and at the same time attract private investors. The latter being an important prerequisite for the upscaling and replication of the concept, both in The Netherlands and across the EU, which is the ultimate objective of this project.
DistrictEES builds on the most successful EPC model of The Netherlands for home renovation, the WoningAbonnement (WOAB); loosely translated as Energy Efficiency Subscriptions. In this project, WDW (the ESCO) will apply this model at district level to four different end user groups, launching €47M of energy efficiency investments in three districts in the Gelderland province. This district level approach has major advantages, such as:
• Reaching a sufficient project aggregation level to attract private investors and to provide over-demanded contractors with large scale efficient projects
• Reaching higher conversion rates among participants (peer pressure, FOMO)
• Ability to offer cheaper and more efficient district-level technical solutions
• Efficiency gains, both in time and money, due to economies of scale
By combining clever financial engineering solutions such as project aggregation, a revolving fund and on-bill financing, DistrictEES will have significant impact on the market, both in terms of direct energy savings and as a result of the showcase element that comes with a district level EPC renovation project that is cofunded by private investors.
This project enables WDW to overcome financial, legal and organisational barriers for the DistrictEES concept, enabling accelerated roll-out of the Energy Efficiency Subscriptions model. By implementing the concept at district level on a €47M scale, WDW can fully capitalise on the potential of the district level approach and at the same time attract private investors. The latter being an important prerequisite for the upscaling and replication of the concept, both in The Netherlands and across the EU, which is the ultimate objective of this project.
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More information & hyperlinks
| Web resources: | https://cordis.europa.eu/project/id/890184 |
| Start date: | 01-05-2020 |
| End date: | 31-12-2023 |
| Total budget - Public funding: | 1 136 657,00 Euro - 1 136 657,00 Euro |
Cordis data
Original description
The DistrictEES project aims to realise the EPC-based renovation of three entire districts, financed partly by private investors, covering all major target groups: private owners, housing associations, public buildings and commercial buildings.DistrictEES builds on the most successful EPC model of The Netherlands for home renovation, the WoningAbonnement (WOAB); loosely translated as Energy Efficiency Subscriptions. In this project, WDW (the ESCO) will apply this model at district level to four different end user groups, launching €47M of energy efficiency investments in three districts in the Gelderland province. This district level approach has major advantages, such as:
• Reaching a sufficient project aggregation level to attract private investors and to provide over-demanded contractors with large scale efficient projects
• Reaching higher conversion rates among participants (peer pressure, FOMO)
• Ability to offer cheaper and more efficient district-level technical solutions
• Efficiency gains, both in time and money, due to economies of scale
By combining clever financial engineering solutions such as project aggregation, a revolving fund and on-bill financing, DistrictEES will have significant impact on the market, both in terms of direct energy savings and as a result of the showcase element that comes with a district level EPC renovation project that is cofunded by private investors.
This project enables WDW to overcome financial, legal and organisational barriers for the DistrictEES concept, enabling accelerated roll-out of the Energy Efficiency Subscriptions model. By implementing the concept at district level on a €47M scale, WDW can fully capitalise on the potential of the district level approach and at the same time attract private investors. The latter being an important prerequisite for the upscaling and replication of the concept, both in The Netherlands and across the EU, which is the ultimate objective of this project.
Status
SIGNEDCall topic
LC-SC3-EE-11-2018-2019-2020Update Date
26-10-2022
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