Community Research and Development Information Service - CORDIS

H2020

RESCOOP MECISE Report Summary

Project ID: 649767
Funded under: H2020-EU.3.3.7.

Periodic Reporting for period 1 - RESCOOP MECISE (RESCOOPs Mobilizing European Citizens to Invest in Sustainable Energy)

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

Summary of the context and overall objectives of the project

Development of EE and RES investments, the main objective of the REScoop MECISE PDA project, is characterized by very long lead times before the stage of investment decision and financial close can be started. Therefore during the first 18 months period there has been a strong focus of staff efforts on development of the projects listed in the inception report. As a result over 17 Meuro of RES investments developed during the first 18 months of the project are under construction or already in operation.
In the course of this development work there has been an emphasis on seeking collaboration and partnership with local authorities. The “natural alliance” between local authorities and REScoops has been highlighted at any occasion. Clear results of this approach can be demonstrated, in particular for projects in Belgium. Both in Flanders as in Wallonia beneficiaries Ecopower en Courant d’Air have won tenders for developing RE-projects launched by local authorities, based on the fact that participation and ownership in the investments is offered both to citizens as to local authorities. (details in section 1.2 of this report, explanation of the work carried out under WP2. Examplementary in this context is the joint Amel-Büllingen tender for a wind farm on the territory of both municipalities in East Belgium. The winning offer by Courant d’Air en Ecopower together leaves opportunity for up to 50% ownership for the municipalities.
The work related to the objective of setting up a structure for pooling financial resources of REScoops throughout Europe gradually lead to the awareness that expanding the existing French fund on a European level would not be easily feasible nor desirable. In the second part of the reporting period the work steadily progressed towards outputs revealing clear priorities with regard to objectives, size, (legal) structure and governance for any “financing vehicle” that should serve to finance better and more easily sustainable energy investments of REScoops.
With regard to the objective of aggregating EE and RES projects in to feasible investment schemes, the basic idea of the REScoop MECISE project is that once RES investments can be realized, they serve as “motor” for developing and realizing EE investment projects. There is thus a clear consecutive order and economic logic of firstly launching RES projects in order to be able to take on board EE projects and investments. With already some RES projects being realized during the first 18 months of the project, and others developing well, it should be possible that during the next 18 months also EE projects will get started. In particular this is expected to be the case for those projects with strong involvement and co-investment of municipalities or other local authorities. Typical investment projects are deep energy measures in public buildings, sport infrastructures, public lighting, etc.
In particular cities and municipalities having signed the convenant of mayors have interest in REScoops realizing the potential of citizens investing in sustainable energy. However mobilizing citizens to participate in the sustainable energy transition is extremely difficult. It requires the development of schemes and approaches that offer stable guidance and assistance over many years. But when more and more citizens really start investing in EE and RES measures in their direct living environment, the output and effects over a few years of time can be huge.
During the first 18 months of MECISE a lot of effort was set in investigating ways for and setting up an approach that has the potential to guide and assist citizens member of a cooperative in a consecutive way, rather than in a “bath” type manner. As concrete result “ECOTRAJECT” is created to be rolled out on a broad scale in Flanders involving several hundreds of citizens by the end of MECISE in spring 2019.
“ECOTRAJECT” is designed as a “cost covering” paid service for REScoops. The fact that the service does not profit is key to keep prices low and accesible for many citizens. Purpose is that well established REScoops offer this service to their members. The approach of “ECOTRAJECT” is such that is can easily be adapted and replicated in other regions of Europe. Promotional material such as banners and animated short video’s are available.

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

see above summary

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)

not applicable

Related information

Record Number: 196335 / Last updated on: 2017-03-29
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