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 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 €O2 coins.
€O2 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 €O2 coins with Euros or spend them within the BENEFFICE ecosystem. €O2 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 €O2 coins||Exchange €O2 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 currency that fights climate change!