Periodic Reporting for period 2 - SUPER-i (Extended Public-Private Partnership for Investment in Smart Energy Efficiency Projects in a Social Housing context)
Periodo di rendicontazione: 2023-03-01 al 2025-02-28
The general objective of SUPER-i is to support the funding of EE (Energy Efficient) refurbishment of social housing stocks across Europe while increasing the share of renewable energy in the final energy consumption following these specific objectives:
Tailored PPPs (EE Public Private Partnerships) and roadmaps;
Data gathering and processing;
Integration of EE investments within portfolio management strategies;
Awareness and Replicability; SUPER-i Roadmap and Platform; SUPER-i investment pipelines.
The SUPER-i project will contribute to generating substantial investments in energy efficiency within the social housing sector by establishing a direct dialogue, at local government level, between financial institutions, other private investors and social housing managers while also involving ESCOs (Energy Service Companies) and by collecting relevant data on EE investments, helping to develop efficient financial schemes.
The SUPER-i project will deliver innovative financing schemes that are operational and ready to support the financing of EE refurbishment in the social housing sector.
The activities will be tested in three pilots in Italy, Denmark and Slovenia with a direct benefit for the citizens and social houses owners.
Tailored PPPs (EE Public Private Partnerships) and roadmaps;
Data gathering and processing;
Integration of EE investments within portfolio management strategies;
Awareness and Replicability; SUPER-i Roadmap and Platform; SUPER-i investment pipelines.
The SUPER-i project will contribute to generating substantial investments in energy efficiency within the social housing sector by establishing a direct dialogue, at local government level, between financial institutions, other private investors and social housing managers while also involving ESCOs (Energy Service Companies) and by collecting relevant data on EE investments, helping to develop efficient financial schemes.
The SUPER-i project will deliver innovative financing schemes that are operational and ready to support the financing of EE refurbishment in the social housing sector.
The activities will be tested in three pilots in Italy, Denmark and Slovenia with a direct benefit for the citizens and social houses owners.
The SUPER-i partnership has formulated a conceptual model for the Capacity Building Programme programs, which can be customised for each country by their national partners. The SUPER-i capacity program has been created using the SUPER-i Toolkit, incorporating insights from local workshop, the SUPER-i Guidebook, insights and support from WP2, which provides data and information about existing social housing stocks and the financial requirements for participation in environmentally innovative tenders. The SUPER-i capacity building programs empower key stakeholders in the social housing sector to secure financial assistance for energy renovation investments.
The SUPER-i partnership has collected financial, technical and economic data specific to each pilot building in Denmark, Italy and Slovenia in order to investigate the economic profitability and environmental benefits of installing up to date Energy Efficiency technologies.
The SUPER-i partnership has already drafted specific financial plans for each pilot building and is organising specific meetings with institutional investors and commercial banks to discuss the application of such plans.
The SUPER-i project has identified a number of KPIs related to the installation of energy efficient solutions in the pilot buildings in terms of:
● Technical KPIs
● Economic and financial KPIs
● Energy poverty KPIs:
The SUPER-i partnership has developed a financial evaluation methodology, to measure the financial profitability and economic viability of the EE renovations in each pilots.
The SUPER-i partnership is conducting local and national replication activities through workshops and webinars involving financial institutions, ESCOs, small and medium-sized enterprises (SMEs), and the social housing sector. The main objective of the activities in WP4 is to raise awareness among stakeholders about the financial solutions available for energy efficiency refurbishment projects. These activities intend to reach a wide range of stakeholders who can benefit from these solutions across the EU. These activities aim to increase the replication of results and have a broader impact on sustainable energy investments. The capacity building programmes in WP4 are designed to support the communication and exploitation activities.
The SUPER-i partnership has collected financial, technical and economic data specific to each pilot building in Denmark, Italy and Slovenia in order to investigate the economic profitability and environmental benefits of installing up to date Energy Efficiency technologies.
The SUPER-i partnership has already drafted specific financial plans for each pilot building and is organising specific meetings with institutional investors and commercial banks to discuss the application of such plans.
The SUPER-i project has identified a number of KPIs related to the installation of energy efficient solutions in the pilot buildings in terms of:
● Technical KPIs
● Economic and financial KPIs
● Energy poverty KPIs:
The SUPER-i partnership has developed a financial evaluation methodology, to measure the financial profitability and economic viability of the EE renovations in each pilots.
The SUPER-i partnership is conducting local and national replication activities through workshops and webinars involving financial institutions, ESCOs, small and medium-sized enterprises (SMEs), and the social housing sector. The main objective of the activities in WP4 is to raise awareness among stakeholders about the financial solutions available for energy efficiency refurbishment projects. These activities intend to reach a wide range of stakeholders who can benefit from these solutions across the EU. These activities aim to increase the replication of results and have a broader impact on sustainable energy investments. The capacity building programmes in WP4 are designed to support the communication and exploitation activities.
Progress beyond the state of the art, expected results until the end of the project and potential impacts (including the socio-economic impact and the wider societal implications of the project so far)
During the SUPER-i project, investment blueprints were crafted for each pilot to bundle all energy-efficiency (EE) measures into a single financing package. The main core of these blueprints are specifically tailored Public-Private Partnership (PPP) contracts: Shared-Savings, Guaranteed-Savings (with or without public grants and financial-institution backing), Direct-Credit-Line and Energy-Supply contracts which can be replicated also in other contexts and other countries. Through the sister project SUPERSHINE, dedicated crowdfunding platforms will be launched to attract investments from financial institutions with also the support of a one-stop-shop platform which is currently under development and which is going to streamline access to financing, technical support and procurement services.
Potential reduction in electricity and gas bills:
Italy (Montasio & Boito), with average annual electricity and gas bills of about €1,250 per dwelling, 59.3% reduction translates to roughly €737.5 in potential energy savings per dwelling per year.
Slovenia (Nesa 26), under a guaranteed savings PPP, the all-intervention package is expected to deliver €442.7 in potential energy savings per dwelling per year.
Denmark, under a guaranteed savings PPP the all-intervention package is expected to deliver €298.2 in potential energy savings per dwelling per year.
General Findings by Country (SUPER-i pilots)
Following the detailed road maps provided by the SUPER-i project, these are the potential energy savings and Returns on Investment that can be achieved under the recommended PPP contracts.
Italy: Montasio and Boito are expected to achieve a potential 60% of annual energy savings; Housing association expected Return On Investment (ROI) is 12.9% and the Energy Service Company (ESCO’s) expected ROI is 11.34% under the shared savings contract.
Slovenia: Nesa 26 is expected to achieve a potential annual energy savings of 72.6%; The housing association’s expected ROI is 15.5% under the Guaranteed-Savings PPP backed by EKO Sklad loans and rent-fund guarantees.
Denmark: Borlgumparken, Afdeling and the other sites are expected to achieve a potential annual energy saving of 47%-54%; The housing association’s expected ROI is 7.1%-13.5% while the ESCO expected ROI is ranging between 8.9%-13.4% under the Shared and guaranteed saving contracts.
Potential expected Impacts
Socio-Economic: Pilot deep EE retrofits are projected to cut tenant energy bills by up to 75% (e.g. Montasio falls from 40% to 14% of income spent on energy) and reduce the share of thermally uncomfortable homes from 60% to 21% in Italy.
Wider Societal: By actively involving 118 unique housing organisations and 50 financial institutions, SUPER-i has created peer networks that will accelerate replication across Europe, raising renovation rates from the current 1% toward the 3% target. Capacity-building workshops have upskilled over 150 banking and ESCO professionals, embedding new PPP and risk-sharing frameworks into normative practice.
Environmental & Health: SUPER-i proposed EE measures are on track to avoid hundreds of tonnes of CO2 annually (130 tCO2 for Montasio, 50 tCO2 for Boito) and slash operational energy use by over 60% in pilot buildings. These potential savings not only support the EU Green Deal’s climate-neutrality goals but also improve indoor comfort and reduce cold-related health risks among vulnerable residents.
Together, these blueprints and technical, financial, and environmental analyses results demonstrate SUPER-i’s state-of-the-art approach: seamlessly integrating technical modelling, bespoke PPP contracts and local regulatory compliance into replicable, high-impact EE investment packages.
During the SUPER-i project, investment blueprints were crafted for each pilot to bundle all energy-efficiency (EE) measures into a single financing package. The main core of these blueprints are specifically tailored Public-Private Partnership (PPP) contracts: Shared-Savings, Guaranteed-Savings (with or without public grants and financial-institution backing), Direct-Credit-Line and Energy-Supply contracts which can be replicated also in other contexts and other countries. Through the sister project SUPERSHINE, dedicated crowdfunding platforms will be launched to attract investments from financial institutions with also the support of a one-stop-shop platform which is currently under development and which is going to streamline access to financing, technical support and procurement services.
Potential reduction in electricity and gas bills:
Italy (Montasio & Boito), with average annual electricity and gas bills of about €1,250 per dwelling, 59.3% reduction translates to roughly €737.5 in potential energy savings per dwelling per year.
Slovenia (Nesa 26), under a guaranteed savings PPP, the all-intervention package is expected to deliver €442.7 in potential energy savings per dwelling per year.
Denmark, under a guaranteed savings PPP the all-intervention package is expected to deliver €298.2 in potential energy savings per dwelling per year.
General Findings by Country (SUPER-i pilots)
Following the detailed road maps provided by the SUPER-i project, these are the potential energy savings and Returns on Investment that can be achieved under the recommended PPP contracts.
Italy: Montasio and Boito are expected to achieve a potential 60% of annual energy savings; Housing association expected Return On Investment (ROI) is 12.9% and the Energy Service Company (ESCO’s) expected ROI is 11.34% under the shared savings contract.
Slovenia: Nesa 26 is expected to achieve a potential annual energy savings of 72.6%; The housing association’s expected ROI is 15.5% under the Guaranteed-Savings PPP backed by EKO Sklad loans and rent-fund guarantees.
Denmark: Borlgumparken, Afdeling and the other sites are expected to achieve a potential annual energy saving of 47%-54%; The housing association’s expected ROI is 7.1%-13.5% while the ESCO expected ROI is ranging between 8.9%-13.4% under the Shared and guaranteed saving contracts.
Potential expected Impacts
Socio-Economic: Pilot deep EE retrofits are projected to cut tenant energy bills by up to 75% (e.g. Montasio falls from 40% to 14% of income spent on energy) and reduce the share of thermally uncomfortable homes from 60% to 21% in Italy.
Wider Societal: By actively involving 118 unique housing organisations and 50 financial institutions, SUPER-i has created peer networks that will accelerate replication across Europe, raising renovation rates from the current 1% toward the 3% target. Capacity-building workshops have upskilled over 150 banking and ESCO professionals, embedding new PPP and risk-sharing frameworks into normative practice.
Environmental & Health: SUPER-i proposed EE measures are on track to avoid hundreds of tonnes of CO2 annually (130 tCO2 for Montasio, 50 tCO2 for Boito) and slash operational energy use by over 60% in pilot buildings. These potential savings not only support the EU Green Deal’s climate-neutrality goals but also improve indoor comfort and reduce cold-related health risks among vulnerable residents.
Together, these blueprints and technical, financial, and environmental analyses results demonstrate SUPER-i’s state-of-the-art approach: seamlessly integrating technical modelling, bespoke PPP contracts and local regulatory compliance into replicable, high-impact EE investment packages.