RenOnBill aims to scale up investments towards deep energy renovations of residential buildings by promoting the development and implementation of on-bill schemes, based on the cooperation between energy utilities and financial institutions.
Concept, Objectives and Methodology
RenOnBill has chosen four focus countries - Germany, Italy, Lithuania and Spain – in order to capture to an extent the differences that can be encountered when replicating on-bill across wider Europe. The success of the project will allow to take a huge step forward in reaching the European Union energy and CO2 targets and will have an important impact on the economic system, offering a win-win perspective for different actors: companies from the construction sector, energy services, utilities, investors, and ultimately for the society as a whole.
RenOnBill’s overall objective is to scale up investments towards deep energy renovations of residential buildings by promoting the development and implementation of on-bill schemes, based on the cooperation between energy utilities and financial institutions. In particular, the project will:
-Analyse and define the residential building market context to enable replication of suitable OBS across Europe;
-Engage key stakeholders through national stakeholder platforms;
-Develop tools to address the residential sector’s energy renovation financing demand and assess and bundle investments based on a transparent methodology;
-Develop and implement business models in the three RenOnBill partner utilities through the development of pilot on-bill schemes.
-Utilise RenOnBill takeaway messages and the insights gained to support and disseminate EU-wide knowledge on OBS.
These objectives correspond to the five RenOnBill pillars, which in turn constitute the methodology of the project. In order to reach these objectives, RenOnBill operates on four focus countries, namely Germany, Italy, Lithuania and Spain, because of their different characteristics, such as the climatic conditions and the availability of energy renovation support schemes. This allows analysis of replicating OBS in a variety of environments and country contexts within the EU.
RenOnBill promotes the development and implementation of on-bill schemes (OBS), to scale up investments towards deep energy renovations of residential buildings. RenOnBill focuses on five pillars: (1) scientific analysis serves to define the residential building market context, thus laying the foundation for replication in Europe. (2) Stakeholder engagement fosters cooperation among different actors to jointly develop national roadmaps for the replication of OBS in the RenOnBill in the four focus countries (Germany, Italy, Lithuania, Spain). The third pillar, (3) tool development, structures the residential sector’s energy renovation demand, by assessing risks and investments. (4) Pilots, the forth pillar test the results on the three partner utilities, for which tailored business models are developed. The last pillar, (5) related to exploitation and dissemination, ensures that the projects results reach the relevant groups and are effectively disseminated even after the end of the project.
Start date: 2019 - End date: 2022