LIFE CiruclEnergies (LCE) transforms existing business parks into net zero energy and carbon areas with thriving sustainable businesses.

Introduction

Business parks (BP) represent 30% of the urbanized areas and a significant part of the building stock, responsible for 40% of GHG emissions in France. Therefore, they pose a major challenge to tackle climate change.

Environmental Impact

They also generate a strong impact on both biodiversity and air quality by artificializing existing natural ecosystems. Additionally, they contribute to air pollution induced by transport (to and from those parks) and through activities carried out inside.

Economic Challenges

Moreover, BP consistently lose attractiveness over the years, becoming less likely to attract investment and new positive business models, especially for the numerous SMEs located there. This decline also represents a risk for municipalities in terms of operating expenses.

Energy Transition Potential

Business parks and their SMEs should be at the forefront of the energy transition. They have:

1. Space
2. Local energy demand
3. No heritage building issues
4. An imperative need to reinvent themselves

Yet, none of the few existing market players integrate a fully industrialized, highly replicable, and integrated approach to achieve the necessary results in terms of size, ambitions, and impacts toward net zero energy and carbon territories. This is mainly due to the fact that development and transaction costs are too high to ensure benefits for both clients and market players, and the emerging legal framework is not fully stabilized.

Innovative Approach

Life CirculEnergies (LCE) has an innovative approach that plans to tackle these market barriers with ambition and scale, paving the way for others in the near future. LCE offers to:

• Plan
• Develop
• Finance
• Implement
• Monitor

A highly replicable and scalable turnkey model based on energy efficiency and renewable energy investments, aimed at achieving net zero energy and carbon impact in BP. The fully industrialized, aggregated multi-stakeholder methodology of LCE is key to this success.

Consortium and Investment

The consortium is based on successful companies with strong expertise, skills, experience, and ambitions. The planned investment volume of the LCE project is €17 million.