Renovation Strategy Tool (RESTO)
RESTO - FinEst Mid-Size Pilot - FinEst Centre for Smart Cities
ABOUT THE PILOT
REnovation Strategy TOol (RESTO) pilot aims to develop an innovative digital platform for municipal decision-makers that would allow them to optimize required investments into their building stock. Pilot is carried out together with Võru city government in their town centre. RESTO would allow to evaluate the impact of alternatives in connection to different aspects such as technology, building and infrastructure design, urban planning, and business models. Furthermore, utilising the digital twin data from the Building Registry and other public databases makes it possible to identify optimal configurations that allow to account predefined limitations like availability of funds, energy performance ambition, environmental goals etc. In other words, RESTO would allow municipalities to define, generate, simulate and quantitatively analyse renovation scenarios adapted to specific districts and buildings in order to make sensible investment decisions
The pilot program is funded by the European Regional Development Fund and the Estonian Ministry of Research and Education.
WATCH RESTO PILOT INTRODUCTION VIDEO
RESTO PILOT SERVICE FOR CITY OFFICIALS AND POLITICIANS ABROAD
RESTO model allows in few minutes to craft a strategy for renovation of a district of a city, based on data from Building Registry, digital twin and energy consumption data. Such a strategy would present:
- What buildings should be renovated in first instance to reduce most the energy consumption and carbon emissions of a district;
- What technical solutions would be most appropriate to reach A or B energy efficiency levels;
- How much should be invested into each building and into district as a whole, what are the payback times;
- How much annual carbon emissions could be reduced;
- To assess the viability of different heating options in these districts.
TalTech is ready also to collaborate under grant agreements to get financing to prepare district level renovation strategies, and to support in preparation of grant applications.
RESTO PILOT SERVICE FOR REAL ESTATE OWNERS ABROAD
RESTO model allows in few minutes to craft a strategy for renovation of your buildings, based on data from Building Registry, digital twin and energy consumption data. Such a strategy would present:
- What buildings should be renovated in first instance to reduce most the energy consumption and carbon emissions of a district;
- What technical solutions would be most appropriate to reach A or B energy efficiency levels;
- How much should be invested into each and into all selected buildings, what are the payback times;
- How much annual carbon emissions could be reduced (increasing sales argument)
However, RESTO is currently designed to work based on Estonian databases. To make it work in other countries it would be needed to tie the model with relevant databases (building registry, digital twin of a city or district, energy consumption data), to adjust the calculation methodology to reflect local regulations on energy certificates (currently it relies on regulations that are applied in Estonia and Finland), and to guarantee that the data about buildings is acute.
In Estonian case RESTO helps cities to support house owners in the preparations of the renovation plans by advising the best renovation measures, and also to support the co-funding of renovations. As a result, the city with renovated buildings would become more attractive and the value of real estate would increase.
CONTACTS
ARTICLES ABOUT THE PILOT