This document discusses circular economy principles and their application to building renovation through the RINNO project. It provides an overview of circular economy concepts and the EU's support for transitioning to this model. The RINNO project aims to accelerate deep energy renovation rates across Europe using innovative technologies, processes, and business models developed with circular economy principles in mind. The project will demonstrate solutions in four countries and assess impacts. Key tasks include exploring circular design constraints, assessing solutions, developing multistakeholder business models, integrating circular strategies into models, and creating a crowd-lending investment scheme.

1. An augmented intelligence-enabled stimulating framework for
deep energy renovation delivering occupant-centred innovations
Presenters
Dr. Víctor Fabregat Tena
Ms. Beatriz Castro Granados
RINNO
1
TRANSFORM
Location: DCU (Ireland), via Teams
Date: 1st March 2021
Circular Economy in Built Environment:
RINNO Project

2. Index
2
1. Circular Economy
2. RINNO Project
3. Circular Economy in RINNO
4. Crowdfunding methods

3. Circular Economy
3
The circular economy can be
understood as a new production and
consumption model, in which the value
of products, materials and resources is
retained in the economy for as long as
possible, waste generation is minimised
and waste that cannot be avoided is
used to the greatest extent possible.

4. Circular Economy
4
The circular economy makes use of 7
principles, known as "the 7Rs", which are:
redesign,
reduce,
reuse,
repair,
recover,
renew
and recycle.

5. Circular Economy
5
CE contrasts with the traditional linear economic model, based mainly on the concept of
"use and throw away", which requires large amounts of materials and energy.
Increasing demand and finite resources, the impact on the environment and many other
factors make a transition to a circular economy necessary.
EU Legislation:
Closing the loop – An EU action plan for the circular economy (2015)
A new Circular Economy Action Plan For a cleaner and more competitive Europe (2020)

6. Circular Economy
6

7. Circular Economy
7
EU imports more
materials and
natural resources
than it exports
European Union (EU-28) Rest of the world (ROW)
Total trade
EU-28 to ROW
In 2004: 455 million tonnes
In 2014: 640 million tonnes
Total trade
ROW to EU-28
In 2004: 1664 million tonnes
In 2014: 1534 million tonnes
159
237
434
181
195
1300
Biomass
Manufactures
Fuel/mining
products
EU-28 exports (2014)
EU-28 imports (2014)

8. Circular Economy
8
…to a Circular Economy 2015

9. Circular Economy
9
Transition
towards a
Circular
Economy
Maintaining the value of products,
materials and resources in the
economy for as long as possible
Minimising waste generation
Boosting our competitiveness with
new business opportunities and
innovative products and services
Bringing economic, social and
environmental gains

10. Circular Economy
10
Circular Economy: a priority
One objective:
building a sustainable future
One model:
Protecting the environment
and boosting competitiveness
go hand-in-hand
Energy Union
and Climate
Jobs,
Growth
and
Investment
Democratic
Change,
Better
Regulation
CIRCULAR
ECONOMY
Energy Union
and Climate
Jobs,
Growth
and
Investment
Democratic
Change,
Better
Regulation
CIRCULAR
ECONOMY

11. Circular Economy
11

12. Circular Economy
12
Production
Waste
Management
Consumption
Secondar
y
raw
materials
Innovation,
Investment,
Monitoring

13. Circular Economy
13

14. Circular Economy
14
Innovation
• Horizon 2020
initiative launched
on
‘Industry 2020 in the
Circular Economy’
(EUR 650 million)
Regional Policy
• European
Structural and
Investment
Funds
Investment
• new platform for
financing Circular
Economy with
European
Investment Bank
and national
promotional
banks
Overcoming
barriers
• pilot ‘innovation
deals’ to address
potential
regulatory
obstacles for
innovators

15. 15
2020
Circular Economy

16. Circular Economy
16
https://ec.europa.eu/environment/circular-economy/

17. Circular Economy
17

18. Circular Economy
18

19. Circular Economy
19
Strategy for a Sustainable Built Environment
This Strategy will ensure coherence across the relevant policy areas such as climate,
energy and resource efficiency, management of construction and demolition waste,
accessibility, digitalisation and skills. It will promote circularity principles throughout
the lifecycle of buildings.
The ‘Renovation Wave’ initiative announced in the European Green Deal to lead to
significant improvements in energy efficiency in the EU will be implemented in line
with circular economy principles, notably optimised lifecycle performance, and
longer life expectancy of build assets.

20. Circular Economy
20
1) Addressing the sustainability performance of construction products in the context of the revision of the Construction
Product Regulation, including the possible introduction of recycled content requirements for certain construction
products, taking into account their safety and functionality.
2) Promoting measures to improve the durability and adaptability of built assets in line with the circular economy
principles for buildings design and developing digital logbooks for buildings.
3) Using Level(s) to integrate life cycle assessment in public procurement and the EU sustainable finance framework and
exploring the appropriateness of setting of carbon reduction targets and the potential of carbon storage; considering a
revision of material recovery targets set in EU legislation for construction and demolition waste and its material-
specific fractions.
4) Promoting initiatives to reduce soil sealing, rehabilitate abandoned or contaminated brownfields and increase the safe,
sustainable and circular use of excavated soils.
Strategy for a Sustainable Built Environment: Actions

21. RINNO Project
21
An augmented intelligence-enabled stimulating framework for
deep energy renovation delivering occupant-centred innovations
Call: H2020-LC-SC3-EE-2019
Type of action: IA
Grant Agreement: nº 892071
Duration: 2020-2024 (48 months)
Budget: 4.802.098,75€
EU contribution: 3.999.934,75€

22. RINNO Project
22
An augmented intelligence-enabled stimulating framework for
deep energy renovation delivering occupant-centred innovations
Consortium:
▪ 17 members
▪ 10 European
counties

23. RINNO Project
23
The European Commission estimates renovation rate of 3% annually
would be needed to accomplish the Union’s energy efficiency (EE) and
environmental ambitions in a cost-effective manner.
The main objective of RINNO is to help drastically accelerate the rate of
deep renovation of energy inefficient buildings and thereby contribute
to Europe’s medium-term ambition of a 3,5% yearly renovation rate.

24. RINNO Project
24
Key challenges and factors of building renovation:
a) Renovations need to become more attractive.
b) More reliable in terms of performance.
c) Less disruptive for occupants and less time-consuming.
d) Less energy-intensive from a life cycle perspective.
e) More environmentally friendly regarding applied materials.
f) More cost-effective and financial-attractive.

25. RINNO Project
25
As result these factors, this project will offer a portfolio of:
Innovative
technologies
Processes
Business
models

26. RINNO Project
26
RINNO links the three main renovation phases:
Planning
and design
Retrofitting Monitoring
Augmented building intelligence advancements

27. RINNO Project
27
RINNO solutions will be demonstrated in different demo buildings.
• Different climatic regions.
• Different building codes and regulations.
• Constructed using very different building components and tools.
• Equipped with different HVAC systems and other building services.

28. RINNO Project
28
Four demonstration sites have been selected in France, Denmark, Greece and Poland.
Social multi-family
residential building,
consisting of 29
apartments of 36 m²
each and 1
apartment of 74 m².
FRANCE DENMARK
Multi-family building
with 464 flats. 7 flats
are appointed as demo
area.
Multifamily building,
part of a big social
housing complex.
GREECE POLAND
Building consists of 5
flats, 2 floors and a
cellar.

29. RINNO Project
29
Product innovations
- Double layer panels.
- Pipes and sheets.
- Insulating system.
90% bio-based material for
insulating roofs, walls or ceilings,
made of newspapers surplus
upcycling.
It uses the sun heat to darken a
glass pane in order to cut off all the
harmful elements from entering a
building.
Bio-based materials Isocell Cellulose Insulation Thermochromic glass

30. RINNO Project
30
Product innovations
PV modules replaces
ordinary roof materials.
Komproment PV roof
and façade solution
Consists of a minimum of two
units working together; one
unit removes air while the
other supplies fresh air.
MicroVent - Façade
integrated ventilation system.
BIPV glass is installed
the same way as
conventional glasses.
Building integrated
photovoltaic glass
Can be combined with
the heating system and
PV system.
De-centralized domestic
hot water preparation

31. RINNO Project
31
Process innovations On-site and Off-site
assembling of prefabricated
solutions by Cobots/Robots
Platform for automated
progress, quality and security
control by drones
3D-printing
Platform for optimized
logistics (E-LOGISTICS)

32. Circular Economy in RINNO Project
32
An augmented intelligence-enabled stimulating framework for
deep energy renovation delivering occupant-centred innovations
WP7: RINNO Impact Assessment,
Business Model & Service Innovation

33. WP7 – Objectives
33
▪ Analyze the technical and financial references of circular economy
procedures & strategies to present the most plausible future benefits
from a business modelling perspective.
▪ Perform the impact assessment of RINNO technologies/solution from
a circular economy perspective.
▪ Develop the anticipated cost-sharing business models in line with the
above circular economy framework.
▪ Elaborate appropriate finance models.
▪ Develop the crowd-equity/crowd-lending scheme for deep renovation.

34. WP7: RINNO Impact Assessment, Business
Model & Service Innovation
Task 7.1
Circular economy
(CE) design
constrains and
conditions for
buildings renovation
Task 7.2
Assessment of
RINNO circular
economy solutions
Task 7.3
Multistakeholder-driven
Business Models (BMs)
and investment de-
risking
Task 7.4
Integration of
Circular Economy
(CE) strategies in
business models for
buildings renovation
Task 7.5
Crowd-lending and
post-renovation
behavioural
incentivisation
options for
investment
financing

35. WP7 - Interaction
35
WP1
WP2
WP3
WP4

36. Task 7.1
36
Task 7.1 Circular economy (CE) design constrains
and conditions for building renovation

37. Task 7.1 - Main Objectives
▪ The aim of T7.1 is to explore the boundaries of Circular Economy to
examine the prospects of business models that can provide incentives
to all the renovation stakeholders.
▪ Building-related products, materials and components will be
considered as assets for next use cycles.
37

38. Task 7.2
38
Task 7.2 Assessment of RINNO circular economy
solutions

39. Task 7.2 - Main Objectives
39
▪Perform the impact assessment of RINNO technologies/solutions from a
circular economy point of view.
▪ Define and calculate the representative economical KPIs’.
▪ Support business strategies in general, and specifically for demo cases.

40. Task 7.3
40
Task 7.3 Multistakeholder-driven Business Models
(BMs) and investment de-risking

41. Task 7.3 - Main Objectives
41
▪ Develop BMs integrating energy performance contracting (EPC) and
offering Product as a Service (PaaS).
▪ It implies the addition of features, such as energy storage and demand
response or financing models.
▪ The use of EPC and PaaS will be examined to stimulate multi-
stakeholder involvement and as a tool for de-risking energy efficiency
investments.

42. Task 7.4
42
Task 7.4 Integration of Circular Economy (CE) strategies
in business models for buildings renovation

43. Task 7.4 - Main Objectives
43
▪ Develop cost-sharing business models in line with the circular economy
framework.
▪ Upgrade the proposed BMs (from Task 7.3) by adding CE elements.
▪ Check whether the BMs are optimal, or the introduction of CE principles
poses issues that hinder the large-scale deployment of sustainable BMs.

44. Task 7.5
44
Task 7.5 Crowd-lending and post-renovation
behavioural incentivisation options for investment
financing

45. Crowd-funding, what is it?
45
▪ A new form of financing that, using internet-based platforms, connects
investors directly with borrowers (without involving other traditional
financial organizations).
▪ small amounts of capital from a large number of investors to finance a
project. A Little Money A Lot of People The Power of Crowdfunding
By pooling small
contributions of money…
…from groups of people who
share common interests…
…everyone has the power to
archieve financial goals.

46. Crowd-funding methods
46
▪ There are four types of crowd-funding schemes: Donation-based,
Reward-based, Crowd-equity and Crowd-lending.
▪ Hybrid-models may be developed.
▪ Task 7.5 aims to develop of a crowd-equity / crowd-lending scheme.
Crowdfunding
Non-Invesment
Models
Equity-based
Invesment
Models
Lending-
based
Donation-
based
Reward-
based

47. Crowd-equity and crowd-lending schemes
47
Crowd-equity
▪ Money is exchanged for a shares, or a small
stake in the project.
▪ Investor receive a financial return on their
investment and ultimately receive a share of
the profits.
▪ Indeterminate return on investment (ROI).
▪ Usually used by small to medium-sized
businesses or start-ups, that are seeking a
large amount of capital to launch or grow
their business.
▪ Risk to investor: loss of capital for failure in
the business model.
Crowd-lending
▪ Money obtained from the investors is
considered a loan.
▪ Investors receive their money back with the
payment of the agreed rate of interest.
▪ Fixed Interest rate, established in the contract.
▪ Usually used by businesses that need capital,
and prefer to pay back the funds rather than
give out equity.
▪ Risk to investor: delayed payments.

48. 48
▪ Elaboration of a crowd-equity / crowd-lending scheme that will be able attract the
necessary (huge) investment to boost the European deep renovation market.
▪ Design a crowd-equity platform, along with an add-on for self-reporting (investment
monitoring), and will deliver an initial set of smart contracts to support transactions
automation and secure micro-financers.
▪ Standardization the BMs based on case-by-case spreadsheets templates, and using pre-
defined KPIs as those derived from the LCC outputs. Adaptation to the demo cases will be
performed considering the specifications of any one of them.
Task 7.5 - Main Objectives

49. An augmented intelligence-enabled stimulating framework for
deep energy renovation delivering occupant-centred innovations
Presenters
Dr. Víctor Fabregat Tena
Ms. Beatriz Castro Granados
RINNO
49
TRANSFORM
Location: DCU (Ireland), via Teams
Date: 1st March 2021
Circular Economy in Built Environment:
RINNO Project

50. Thank you
50