This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No. 823073
Long-term testing of airtightness to increase energy efficiency in buildings
The LTT Phase 2 project is designed to address and implement the findings of our Feasibility Study and to enable a rapid and successful commercialisation of our Long-term testing of airtightness (LTT) technology.
Venturigo has developed the only solution in the market capable of monitoring 24/7 how much air, energy and money are leaking in a given building, and to adjust the ventilation system to reduce this leakage by an average of 50%. LTT has x100 lower upfront cost than alternative solutions in the market for improving airtightness, and a 5.8/6.9 months payback period in high-rise residential buildings and large services buildings, respectively, a major advancement over the current state-of-the-art and our unique selling point (USP).
The EC Nearly Zero-Energy Building Strategy 2020 highlights the importance of a sustainable European economy and society based on the efficient use of resources and renewable energy. In this sense, while buildings are now responsible for 40% of energy consumption and 36% of CO2 emissions in the EU, the Energy Performance of Buildings Directive requires all new buildings to be nearly zero-energy by the end of 2020 and all new public buildings by 2018. LTT will help to face these challenges by reducing buildings CO2 emissions by 690,296 tonnes and will offer our clients accumulated energy and cost savings of 1,237 MWh and €203.2m, respectively during the first 5 years of commercialisation according to our 5-years projections.
LTT addresses the large and growing market of technologies for improving energy-efficiency in buildings, which is projected to increase from €163.4bn in 2017 to €259.1bn in 2026 attaining a compound annual growth rate (CAGR) of 5.26%. By successfully implementing the LTT project, we expect to create a measurable impact on Venturigo quantified as increased accumulated revenue of €58.3m and profit of €27.0m, creating 29 full time employments in our company and 55 indirect jobs in Europe.
Reducing buildings energy waste
Airtight® is a patented, smart sensor technology that monitors and balances energy waste from buildings, utilising the existing ventilation system. Doing this continuously, energy leakages and indoor comfort are improved significantly. The service is inexpensive and easy to install – with immediate effects.
- Accurate monitoring of energy leakages
- Continuous calculations of correct energy levels
- Real-time control of ventilation system
- Unique building performance insights
Build tight – ventilate right!
The golden rule for mitigating unwanted energy leakage is: “Build tight – ventilate right!” However, most of the buildings we control are neither tight – nor ventilated right.
Car commercials often claim that the fuel consumption of a new car is low according to some laboratory test cycle. We all know that in reality those consumption figures are almost impossible to achieve. It is the same with buildings.
With the Airtight® smart sensors the reality of a building’s performance is uncovered.
Our empirical data shows that buildings often don’t live up to its sustainability ratings. Deviation from the design and theoretical energy consumption calculations of a building are in our experience as frequent and off target as those we all know from the car industry.
By using the Airtight® technology we provide you with both the insights and the ability to improve your energy consumption.
Our technology displays energy leakages in a unique way that let you discover the truth behind your building’s consumption. Energy leakages can be felt on your skin as drafts of cold air or seen on your energy bill as excess consumption of kilowatt hours. The Airtight® technology senses the leakages and reduces them in real time.
- AIRTIGHT AS
Start date: 1/08/2018 - End date: 31/07/2020