If you are a digital banking provider dealing with low adoption of green loans — this project developed a Green-Euro application and CBDC-powered payment systems that incentivize energy-saving renovations through rewards.
Digital Financing and Smart Contracts for Energy-Efficient Building Renovations
Imagine if upgrading your home's insulation was as easy as using a shopping app, with a special digital currency that rewards you for saving energy. Instead of guessing if a new heater works, a smart contract automatically verifies the energy savings and triggers payments. It's like a digital matchmaking service that connects homeowners with the right builders and green loans.
What needed solving
Homeowners lack the financing and awareness to perform energy renovations, while the market is too fragmented to provide reliable performance guarantees.
What was built
A digital platform featuring a Green-Euro payment app, a gamified mobile app for users, and smart contract components for energy performance verification.
Who needs this
Who can put this to work
If you are an energy retrofitting firm dealing with customer distrust over energy savings — this project developed a Measurement and Verification Component that provides automated proof of performance to secure payments.
If you are an ESCO dealing with complex contract management for multiple properties — this project developed Energy Performance Contract components using smart contracts to automate guarantees and efficiency tracking.
Quick answers
What is the cost or pricing model for these services?
Based on available project data, specific pricing is not listed, but the project focuses on innovative financing via green loans and a digital currency called Green-Euro.
Can this be scaled to an industrial level?
Yes, the project includes 29 partners across 11 countries and uses a reference architecture designed for replication across different European markets.
What are the IP and licensing terms for the platform?
Based on available project data, specific licensing terms are not provided, though the project developed several digital components including a recommendation engine and data sovereignty tools.
How does this integrate with existing building data?
The system uses a dedicated Data Sovereignty component for collection and storage, alongside a Measurement and Verification Component to monitor energy consumption.
What is the timeline for market availability?
The project period runs from 2022-09-01 to 2026-03-31, with pilot validation occurring between months 8 and 34.
Who built it
The consortium is heavily weighted toward market application, with 11 industry partners and 8 SMEs, representing a 38% industry ratio. With 29 total partners across 11 countries, the project has significant cross-border reach and a strong mix of commercial entities and research bodies to ensure the digital tools are viable for real-world building markets.
Contact EUROPEAN DYNAMICS LUXEMBOURG SA
Talk to the team behind this work.
Contact us to explore licensing the Green-Euro payment components or the M&V tools.