The conference is organized to facilitate funding mobilization for energy projects. The three key pillars that were presented are a more efficient use of public funding, the aggregation of smaller projects and the necessity of de-risking of EE investment. Throughout the conference, a financial market place was established with informational stands of different initiatives and project coordinators, giving the participants the opportunity to be informed and get in contact with organisations working on energy projects.
During this conference, among very qualified speakers, two of them particularly retained our attention. First, Ms Gergana Miladinova explained the point of view of the DG REGIO about the funding available for energy projects from the ESIF. There is a strong focus on low carbon economy in the Cohesion Policy framework. Since it is a rather new field for the Cohesion Policy, the discussion with member states and regions on how to best spend the money is crucial. There is now a huge emphasis on financial instruments, especially in energy projects as they do, in fact, represent investments and generate revenue through savings. Some examples of new tools and initiatives are the FI-compass and the TAIEX REGIO PEER 2 PEER. There are also some “off-the-shelf” instruments such as Renovation Loan used by natural or legal persons to achieve energy efficiency or renewable measures.
Later, the Horizon 2020 support for energy efficiency was presented by Ms Anette Jahn from EASME. The part dedicated to EE is focused on achieving a more efficient use of public funds, aggregation of projects and de-risking of energy investments. All these projects are result-oriented, with a clear focus on achievable goals, and are chosen to have measurable impacts in a short to middle term. Return on investment and the creation of long term synergies between EE actors are important as it makes investments in EE projects more attractive to investors and therefore lead to an augmentation of the number of projects, helping the completion of the 2020, 2030 and 2050 objectives.
When it comes to assistance and aggregation, EASME is running a platform called PDA support. EASME is also putting up initiatives to support capacity building such as the Sustainable Energy Investment Forum, the peer to peer facility, the Energy Efficiency Finance (in-depth learning for energy agencies) and the Build Up (European Portal for EE in buildings).
For the time being, call for projects are open in the Project Development Assistance (PDA) framework. The deadline is set for June 7th, 2017. The topics are:
- EE-22-2016-2017: The Horizon 2020 PDA supports investments in energy efficiency by funding all project development activities such as feasibility studies, financial engineering, business plans, technical specifications or procurement procedures. This instrument is vital to build a massive pipeline of bankable projects.
- EE-23-2017: Innovative financing schemes
- EE-24-2016-2017: Making the energy efficiency market investible
All info are available on https://ec.europa.eu/easme/en/new-funding-opportunities-energy-efficiency-call-2016.
Parallel and poster sessions with stands from different organisations were held in the venue.
Some of our partners’ projects were represented and had the opportunity to gain attention: NEWLIGHT, Infinite Solutions (presented in the parallel sessions) and StreetLight project poster was displayed during the poster session.
The event was a great opportunity to gather knowledge about Energy Efficiency, which will undoubtedly be one of the driving force in the construction sector in the coming years and represents one of the main opportunity to meet the different environmental objectives of the Commission for 2030 and 2050.
The Agenda of the event, the name and the contact information of the speakers are available on https://ec.europa.eu/energy/en/events/energy-efficient-finance-market-place