New innovative collaborative business model for SMEs offering energy performance contracting services, presented at the European Sustainable Energy Week.

Factor4, an Energy Service Company in Belgium and the Netherlands, created a network of small and medium sized service companies active in energy efficiency services to implement Energy Performance Contracting. Invited by the Executive Agency for Small and Medium-sized Enterprises (EASME), Factor4 presented an innovative collaborative business model at the European Sustainable Energy Week conference in Brussels.

The new model has been developed within the framework of the European EPC+ project, co-funded by the European H2020 programme. The EPC+ project aims to develop and promote new business models for the implementation of energy efficiency services through networks gathering several Small and Medium-sized Enterprises.

Factor4, one of the partners in the EPC+ consortium, created a collaborative network of SMEs to introduce and implement Energy Performance Contracting in the private sector in Belgium. Energy Performance Contracting is an innovative concept, supported by the European Commission, to optimize energy efficiency in buildings. It is a comprehensive energy efficiency service based on an contractual agreed remuneration for the Energy Service Provider that will depend on the level of measured and verified energy efficiency improvements.

Sven Wuyts, managing partner of Factor4, presented the collaborative network of SMEs created in Belgium and examples of Energy Performance Contracts realised by this network.

For more information on the presentation of Sven Wuyts see www.eusew.eu/livestreaming, Wednesday 15 June, Energy Efficiency: A business opportunity for SMEs.