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FESTA Report Summary

Project ID: 649956
Funded under: H2020-EU.3.3.7.

Periodic Reporting for period 1 - FESTA (Fostering local energy investments in the Province of Matera)

Reporting period: 2015-03-01 to 2016-08-31

Summary of the context and overall objectives of the project

The overall objective of the FESTA project is to foster local energy investments of the public buildings and to spread the Private Public Partnerships (PPP) also through the innovative for the context Energy Performance Contracts (EPC) in convergence regions.
The main specific objectives of the action are:
1. to define technical, financial, legal and administrative specifications of a package of investments projects that are economically sustainable and attractive for private investors;
2. to assess a PPP scheme and to define an EPC model for the energy efficiency of public buildings, in particular of existing school buildings also to accelerate and create better condition to renewal this aged buildings, in average, more than 30 years;
3. to publish the call for tender and to procure the bundled investments through Energy performance contracting and sign the investment contracts;
4. to aspire to become a best practice for the mobilization of local energy investments for the municipalities of the region that are preparing the SEAPs;
5. to share all this advances with other MLEI European partners.
The action aims to “enable investments in flagship initiatives” within the province, in this specific case of the “climate neutral” provincial schools by 2020, through technological innovations and “method innovations”. Specifically, the project aims to promote a first series of interventions (regarding a complex of the schools in Matera and in Policoro with the neighboring hospital) in order to experiment with technological and method approaches the achievement of the objective that all schools in the province become “climate neutral” by 2020.
The project also aim to generate capacity building in the field of renewable energy and energy saving through:
• the inter-institutional collaboration between different public authorities to increase the interventions scale (that is very important considering both the small average size of the local administrations and the low population density);
• the development of approaches that pay special attention to the potential of the PPP in the field of energy;
• better understanding of the features that this kind of projects should have in order to be attractive to both lenders and ESCOs.

Work performed from the beginning of the project to the end of the period covered by the report and main results achieved so far

The activities are progressing regularly, some delay in the completion of the Feasibility Study complex of buildings does not impact to the Mailstones and rather can be referred to new opportunities that have arisen. Indeed, the Province of Matera, being the coordinator for the SEAPs of 28 Municipalities, received the manifestations of interest of the Municipality of Matera and another smaller municipality to become “beneficiaries of the activities” envisaged in FESTA project. Both municipalities would be interested to make available buildings and/or public lighting for energy efficiency measures. Therefore some complex of buildings, the related estimates and the energy audits will be defined in the next months.

Progress beyond the state of the art and expected potential impact (including the socio-economic impact and the wider societal implications of the project so far)

In terms of impacts the Action fixes a credible pipeline of a bankable large-scale EE project: the signature of the investment contract before the end of the action. The contribution requested triggers investments in EE for € 7,5 M, with a leverage factor of 15 and relevant impacts in terms of energy savings and renewable energy production. The innovative organization of the investment package will consent to simplify the tender procedures, grouping the investments in one tender even if they belong to two different municipalities of the same province, making the investment scenario more favorable and reducing time and costs of tender management through the use of innovative PPP and EPC schemes. The financial institutions will be involved during the project lifetime, in launching financial facilities tailored to enterprises interested in investing as third party in EE projects of the public sector.
The energy savings triggered by the project within its duration are equal to 12,16 GWh/year. Regarding the current electricity, diesel and natural gas consumptions, the project will allow respectively the following percentages of savings:
• 66% of energy savings;
• 100% of diesel savings;
• 55% of natural gas savings.
Given the expected savings, it has been estimated 63% of CO2 reduction.
The total renewable electricity produced is equal to 1,187 GWh/year and the total renewable thermal energy production amounts to 2,797 GWh/year.

Another project’s impact is represented by the generation of capacity building in the development of renewable energy and energy saving interventions with particular reference to:
• the inter-institutional collaboration between different public authorities in order to increase the interventions scale and make the investments in the energy sector for the private sector more attractive. It is expected at least other no. 5 similar scale projects to be launch before 2020, once the SEAPs of all the municipalities under the coordination of the Province of Matera will finalized;
• the development of innovative approaches that pay special attention to the potential offered by the PPP in the field of energy;
• better understanding, both by public and private operators (with particular reference to the construction industry) of the features the projects in the field of sustainable energy and energy conservation should have in order to be attractive to both lenders and ESCOs.

Related information

Record Number: 195172 / Last updated on: 2017-02-22
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