THE ORIGIN OF BENEFFICE
For many years energy consumers and politicians alike have been interested in ways to reduce the energy consumption – and the energy bill. During 2018, the European Commission presented its strategic long-term vision for a prosperous, modern, competitive and climate-neutral economy by 2050.
The strategy shows how Europe can lead the way to climate neutrality by investing into realistic technological solutions and empowering citizens. The Commission's vision for a climate-neutral future covers nearly all EU policies and is in line with the Paris Agreement objective to keep the global temperature increase to well below 2°C and pursue efforts to keep it to 1.5°C.
Around all this real need to engage citizens to act against climate change, the BENEFFICE project was born.
WHAT IS BENEFFICE
It´s aim is to reduce wasted energy by behavioral change of the population in their homes with a rewards approach based on an alternative virtual currency. This is done by installing novel IoT enabled, low-cost, “plug-and-play-and-forget” devices at home in order to monitor the energy consumption and reward the users based on their energy savings with CO2 coins.
CO2 coins as proposed by BENEFFICE are generated when the users follow simple recommendations and complete challenges as proposed by the BENEFFICE mobile application in order to adopt a more Energy Efficiency behavior. The users can then exchange the CO2 coins with Euros or spend them within the BENEFFICE ecosystem. CO2 coins constitute a novel economic tool, never tested so far, supporting the EE behavior towards limiting CC to 1.5°C maximum, thus promoting a carbon free growth.
|Install the BENEFFICE hardware in your house (plug-and-play-and-forget)||Follow up your energy consumption through a mobile app||Follow recommendations, complete challenges and adopt a more energy efficient behavior||Save energy, and earn CO2 coins||Exchange CO2 coins with Euros||or spend them within the BENEFFICE ecosystem|
BENEFITS FOR END USERS
- Reduce your energy bill (electricity, heating...) and know your savings through a mobile application.
- Learn about good behavior habits (save energy through simple actions, move everyday tasks (i.e. laundry) in order to maximize the green energy consumption etc.)
- Participate in a pioneering project with a virtual currency that fights climate change!