Objective
The overall objective of this proposal is to reduce the risk associated with investments in sustainable energy projects. The project results should increase trust from investors, financers and insurance companies. The project aims to establish a common practice for professional risk assessment based on technical and financial due diligence. The focus is on photovoltaic (PV) installations, with emphasis on projects on buildings or at the customer side of the electricity consumption meter and financed by professional investors.
The project pursues the following specific objectives:
- To develop, document and establish practices for evaluating and mitigating the technical risks associated with investments in photovoltaics
- To develop, document and establish practices for valuing such risks when modeling the costs of a PV investment as investors do when evaluating the life cycle costs of such projects
- To evaluate how these risks affect the electricity production and the expected return on investment in different business models
- To enable the key actors, and particularly the financial market actors, to widely adopt the project results as best practices for the mitigation of risk of sustainable energy investments with current and new business models.
The project will be based on large amount of empirical data available within the consortium and from other projects, allowing to formulate recommendations that are statistically significant and based on a large evidence base.
The project will involve all relevant stakeholders being financial market actors, valuation and standardization entities, building and PV plant owners, industry, energy prosumers and policy makers. The impacts to be achieved are reduced uncertainty, increased investors’ confidence and trust, valuation methodologies agreed by the market, standardized descriptions of investments, labelling schemes or harmonized frameworks for investment, and support to national strategies for financing.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
- natural sciences computer and information sciences databases
- social sciences economics and business business and management business models
- social sciences sociology governance crisis management
- engineering and technology environmental engineering energy and fuels renewable energy solar energy photovoltaic
You need to log in or register to use this function
We are sorry... an unexpected error occurred during execution.
You need to be authenticated. Your session might have expired.
Thank you for your feedback. You will soon receive an email to confirm the submission. If you have selected to be notified about the reporting status, you will also be contacted when the reporting status will change.
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
-
H2020-EU.3.3. - SOCIETAL CHALLENGES - Secure, clean and efficient energy
MAIN PROGRAMME
See all projects funded under this programme -
H2020-EU.3.3.7. - Market uptake of energy innovation - building on Intelligent Energy Europe
See all projects funded under this programme
Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
CSA - Coordination and support action
See all projects funded under this funding scheme
Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-EE-2014-2015
See all projects funded under this callCoordinator
Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
39100 BOLZANO
Italy
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.