Participation Potential for Energy-Active Facades in Future Flexibility Markets
Abstract
The global pathway to net‐zero emissions by 2050 in the building sector requires significantly strengthening and successfully implementing energy and climate policies. Energy efficiency, electrification and flexibility of the stock are three main drivers of decarbonization of this sector. Still, without tackling the existing buildings, the building sector will not be fully decarbonized by 2050. To achieve savings at the lowest cost and minimize disruption, retrofits need to be comprehensive, one‐off, and able to transform buildings into active players in the energy transition. A renovation concept based on energy-active façade and elements of local flexibility markets (LFM) are introduced to provide demand-side flexibility in existing buildings. Moreover, the work shows that the innovative business model, such as energy flexibility as a service, could play an essential role in engaging consumers and energy-related service providers.