Pay-for-performance to drive energy efficiency financing in Europe
Pay-for-performance to drive energy efficiency financing in Europe
SENSEI, a project supported by the Horizon 2020 funding programme, enables energy efficiency to be rewarded as an energy resource and a new grid service while turning the energy efficiency retrofit project value into an investable asset for private financing. It combines pay-for-performance (P4P) arrangements with the Energy Performance Contracting (EPC) model, making buildings more energy-efficient and attractive for third-party investors.
At a time when energy prices have reached ceilings unbearable for many across Europe, we look back at the project concept and how it could fit in Europe, especially into providing ways to trigger further private energy efficiency investments.
Register HERE.