Project description
Assistance to energy-related projects in Portugal
Breakthrough and innovative solutions for energy efficiency and green technologies are necessary to reduce our vulnerability to the harmful effects of climate change. In this context, the EU-funded BundleUP NEXT project will build on the previous success of the BundleUP project, based on grouping small ‘investor-ready’ enterprises in bundles. This methodology resulted in significant investments for energy efficiency projects in Portugal. The current project will create a network that will allow for better assistance to almost all energy-related projects in the country. In addition, it is expected to boost public and private sustainable energy projects and increase investments in sustainable energy by up to EUR 50 million.
Objective
The BundleUp NEXT project builds on the successful experience of BundleUP (Ponto Energia), a PDA project funded by Horizon 2020, which has developed a very effective methodology that resulted in over 32M€ of investment in energy efficiency (EE) projects (32€ for every 1€ of grant) in Portugal.
The BundleUP methodology incorporates energy efficiency projects in different stages of development and proceeds to technical, legal and financial development assistance to bring them to the “investor-ready” (or “tender-ready” in case of public sector) stage.
The methodology also focuses on grouping small projects in bundles, in order to provide procurement advantages and more attractiveness for investors and building owners.
Due to the success of its predecessor and the strength of the consortium partners, BundleUP NEXT has received more than 60 letters of support and the formal endorsement of the Portuguese Deputy Minister for Energy and the national Directorate-General for Energy and Geology
BundleUP NEXT will focus on the following project types: LED and public lighting, PV self-consumption, solar thermal, building envelope and electric mobility, creating a complete array of competences to support projects in any part of Portugal.
The project is promoted by a concise and powerful consortium composed by PARITY, experts in sustainable energy investment and coordinators of the previous BundleUP project, ADENE, the national energy agency of Portugal with extensive experience in PDA and close ties to the public central administration, RNAE, the national network of local energy and environment agencies, establishing the projects connection to local administration all across the country and SRS, a law firm that was also part of the BundleUP project with extensive experience in the public and energy sectors.
The project is expected to leverage up to 50M€ of investment, overcoming its predecessor’s success (around 1:50 leverage factor on the requested grant).
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: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
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.
Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
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 -
H2020-EU.3.3.1. - Reducing energy consumption and carbon foorpint by smart and sustainable use
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-LC-SC3-2018-2019-2020
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.
1050-110 LISBOA
Portugal
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
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.