Project description DEENESFRITPL Improved financing for sustainable energy transition in Bulgaria The success of Bulgaria’s clean energy transition is currently overly dependent on grants. For instance, the country’s home renovation sector is 100 % reliant on grants. There is a need to develop a sustainable financing scheme to achieve ambitious energy goals and address the growing rates of energy poverty. The EU-funded BeSMART project will create a discussion forum and nine roundtables engaging public authorities, energy efficiency experts, the financial and construction sectors, energy service companies, SMEs and homeowners to support new business models and smart financing. The project will also support the development of national and local strategies, develop institutional and legal frameworks and pave the way to increased trust among investors. Show the project objective Hide the project objective Objective Bulgaria is facing a serious challenge to radically transform its extremely grant-dependent energy efficiency support schemes, while at the same time preserving the speed and scope of the clean energy transition. This is especially valid for the residential sector, where the existing 100% grant mechanism for building renovation has to be quickly reformed into a sustainable financing scheme, at the same time targeting more ambitious energy targets and taking into account the overspread energy poverty. Similar situation is evidenced in the industry, where investments are usually prompted by operational programmes offering up to 80% grants. Considering the principles of functioning of the EU Green Deal and the possibilities under the Recovery Package, innovative financial instruments have to be quickly designed and adopted in a transparent and inclusive way, significantly improving the leveraging effect of public resources, while at the same taking into account the limited investment capacities and purchasing power of the consumers. To address these policy and market gaps, BeSmart aims to support smart financing implementation by setting up a permanent discussion forum, gathering central and local authorities, energy efficiency experts, the financial sector, ESCOs, homeowners, industry, construction and SME sector representatives. The discussion forum and the 9 roundtables planned under the project are specifically designed to support new business models and utilize investment opportunities derived from the increased financing for energy efficiency and renewable energy at EU level. They will gather and upscale existing best practices, support the development of national and local-level strategies, propose improvements in the national policy framework and implementation programmes, develop the institutional and legal framework, and increase the transparency in the policy-making process, leading to increased trust of the investors and better functioning of the market. Fields of science engineering and technologyenvironmental engineeringenergy and fuelsrenewable energyengineering and technologycivil engineeringarchitecture engineeringsustainable architecturesustainable buildingsocial scienceseconomics and businessbusiness and managementcommerce Programme(s) H2020-EU.3.3. - SOCIETAL CHALLENGES - Secure, clean and efficient energy Main Programme H2020-EU.3.3.7. - Market uptake of energy innovation - building on Intelligent Energy Europe H2020-EU.3.3.1. - Reducing energy consumption and carbon foorpint by smart and sustainable use Topic(s) LC-SC3-B4E-12-2020 - National roundtables to implement the Smart Finance for Smart Buildings initiative Call for proposal H2020-LC-SC3-2018-2019-2020 See other projects for this call Sub call H2020-LC-SC3-EE-2020-2 Funding Scheme CSA - Coordination and support action Coordinator FONDATSIYA TSENTAR ZA ENERGIYNA EFEKTIVNOST - ENEFEKT Net EU contribution € 120 298,75 Address Christo smirnensky blvd 1 fl 3 1164 Sofia Bulgaria See on map Region Югозападна и Южна централна България Югозападен София Activity type Research Organisations Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 Participants (10) Sort alphabetically Sort by Net EU contribution Expand all Collapse all SUSTAINABLE ENERGY DEVELOPMENT AGENCY Bulgaria Net EU contribution € 35 375,00 Address 37 ekzarh jossif str. 1000 Sofia See on map Region Югозападна и Южна централна България Югозападен София (столица) Activity type Public bodies (excluding Research Organisations and Secondary or Higher Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 ECONOLER SA Bulgaria Net EU contribution € 71 250,00 Address 31, petar parchevich str., fl.1, apt.1 1000 Sofia See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Югозападна и Южна централна България Югозападен София (столица) Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 BALGARSKA STOPANSKA KAMARA - SAYUZ NA BALGARSKIA BIZNES Bulgaria Net EU contribution € 28 375,00 Address Alabin street 16-20 1000 Sofia See on map Region Югозападна и Южна централна България Югозападен София (столица) Activity type Other Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 MUNICIPAL ENERGY EFFICIENCY NETWORKECOENERGY ASSOCIATION Bulgaria Net EU contribution € 73 562,50 Address Hristo smirnensky blvd 1 floor 3 1164 Sofia See on map Region Югозападна и Южна централна България Югозападен София Activity type Other Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 UNIVERSITET PO ARCHITEKTURA STROITELSTVO I GEODEZIJA Bulgaria Net EU contribution € 25 875,00 Address Hristo smirnenski blvd 1 1046 Sofia See on map Region Югозападна и Южна централна България Югозападен София (столица) Activity type Higher or Secondary Education Establishments Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 ALIANS ZA ENERGIJNA EFEKTIVNOST Bulgaria Net EU contribution € 41 500,00 Address Tzar ivan shishman 3 vh b et 2 1000 Sofia See on map Region Югозападна и Южна централна България Югозападен София (столица) Activity type Other Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 BULGARIAN CONSTRUCTION CHAMBER Bulgaria Net EU contribution € 38 125,00 Address Mihail tenev 6 1784 Sofia See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Югозападна и Южна централна България Югозападен София (столица) Activity type Other Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 NATSIONALEN DOVERITELEN EKOFOND Bulgaria Net EU contribution € 41 500,00 Address 67 b shipchenski prohod blvd 1574 Sofia See on map Region Югозападна и Южна централна България Югозападен София (столица) Activity type Public bodies (excluding Research Organisations and Secondary or Higher Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 MUNICIPALITY OF GABROVO Bulgaria Net EU contribution € 33 000,00 Address Vazrazhdane sq 3 5300 Gabrovo See on map Region Северна и Югоизточна България Северен централен Габрово Activity type Public bodies (excluding Research Organisations and Secondary or Higher Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 STOLICHNA OBSHTINA Bulgaria Net EU contribution € 37 125,00 Address Moskovska str 33 1000 Sofia See on map Region Югозападна и Южна централна България Югозападен София (столица) Activity type Public bodies (excluding Research Organisations and Secondary or Higher Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00
