Projects: Projects for Investigator |
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| Reference Number | ENA_10055401 | |
| Title | RetroMeter | |
| Status | Completed | |
| Energy Categories | Energy Efficiency(Residential and commercial) 30%; Other Power and Storage Technologies(Electricity transmission and distribution) 20%; Other Cross-Cutting Technologies or Research(Environmental, social and economic impacts) 50%; |
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| Research Types | Applied Research and Development 100% | |
| Science and Technology Fields | ENGINEERING AND TECHNOLOGY (Electrical and Electronic Engineering) 20%; ENGINEERING AND TECHNOLOGY (Architecture and the Built Environment) 80%; |
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| UKERC Cross Cutting Characterisation | Not Cross-cutting 100% | |
| Principal Investigator |
Project Contact Electricity North West Limited |
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| Award Type | Network Innovation Allowance | |
| Funding Source | Ofgem | |
| Start Date | 01 April 2023 | |
| End Date | 01 July 2023 | |
| Duration | 3 months | |
| Total Grant Value | £164,877 | |
| Industrial Sectors | Power | |
| Region | North West | |
| Programme | ||
| Investigators | Principal Investigator | Project Contact , Electricity North West Limited |
| Web Site | https://smarter.energynetworks.org/projects/10055401 |
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| Objectives | ||
| Abstract | "RetroMeter addresses SIF Round 2 Challenge 4: Accelerating Decarbonisation of Major Energy Demands: Improving energy efficiency at all levels in the system. It will implement P4P financing models based on metered savings calculations, which use smart meter energy consumption data and independent parameters such as external temperature data to construct reliable counterfactuals for energy consumption in buildings. The innovative validation of achieved energy savings will encourage homeowners, landlords and local authorities to deploy retrofit energy efficiency measures to reduce energy consumption and provide potential additional flexible services, allowing DNOs to defer costly network reinforcement.The Discovery Phase will be led by ENWL, and principally delivered by ESC, EPL, Carbon Co-op, supported by Manchester City Council. In Discovery Phase, EPL will document the finance model options to be developed in the Alpha Phase, drawing on their experience from drafting the Green Finance Institutes white paper for metered savings in the UK. ESC will draw on their expertise in smart meter data access/ governance and M&V baselining methods development gained from a previous metered savings research project (with EPL) during 2021/22, to make recommendations for suitable methods and datasets for development in Alpha Phase. Carbon Co-op will ensure that any financing models are deliverable by providing their extensive expertise in integrating retrofit delivery with energy technologies, through their dedicated retrofit team, and experience developing metered savings methods through their OpenEnEffS project. Each delivery partner will also draw on existing links to organisations piloting these finance models and methods internationally, including Recurve, Inc., NYSERDA, EnergyRM, and SENSEI.The Discovery Phase project will be delivered through 3 key activities:1. Develop a list of available and proposed UK energy consumption datasets, with access plans for each. (ESC lead)2. Assess output parameters and current state of M&V methods and propose two or three methods for development in Alpha Phase. (ESC lead)3. Identify barriers to P4P energy efficiency models; develop a least-cost quantitative model to value the benefits to householders, network users and DNOs; and propose and refine three delivery model options for development in Alpha Phase (ENW lead). Beyond Discovery Phase, RetroMeter aims to build on existing metered savings and Energy Services Company (ESCo) design expertise from the Project Partners. It will implement the first metered savings-financed retrofit programme in the UK, emulating programmes already in existence in the US and solving for the first-tier problems of UK residential retrofit and grid optimisation." | |
| Data | No related datasets |
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| Projects | No related projects |
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| Publications | No related publications |
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| Added to Database | 01/11/23 | |