Objective The main barriers to finance of Sustainable Energy Assets (SEA) projects – namely energy efficiency, demand response, distributed renewable energy generation and electricity storage – are: 1) project valuation difficulties; 2) difficulties in project optimisation; 3) a communication gap between contractors and investors leading to a lack of trust. Today, protocols and tools exist for project valuation, but they are used separately, in different ways by different investors or contractors. Therefore, SEA projects are valuated on a one-off basis, without any standardisation. The SEAF project will significantly lower the entry barriers to finance for small to medium projects, through combining existing tools and protocols, namely Joule Assets’ market valuation tool, the risk assessment methodology from insurance company HSB and the Investor Confidence Project’s energy performance protocols. These three service tools will be integrated into an all-in-one, easy to use, single source valuation and risk assessment framework, which aims to: 1) Facilitate and support an intensive stakeholder engagement process; 2) Provide independent valuation and optimisation for SEA projects according to up-to-date energy market data; 3) Standardise energy efficiency valuation criteria for easy comparability with other similar projects; 4) Enable initial risk assessment at much lower cost and with less administrative effort; 5) Facilitate the matchmaking between investors and contractors; 6) Lay the foundation for robust exploitation. In addition to its demonstration with a large network of investors and contractors, SEAF seeks to enable investments of €10-15m and primary energy savings of 18-45 GWh/a over the course of its duration. Through its unique combination of services, SEAF will specifically target small projects, which would otherwise not get financed and it will have a disproportionately large impact on job creation, as reduced energy costs have a much stronger effect on SMEs. Fields of science engineering and technologyenvironmental engineeringenergy and fuelsrenewable energynatural sciencescomputer and information sciencescomputer securitydata protectionsocial scienceseconomics and businessbusiness and managementbusiness models 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 Topic(s) EE-19-2015 - Improving the financeability and attractiveness of sustainable energy investments Call for proposal H2020-EE-2014-2015 See other projects for this call Sub call H2020-EE-2015-3-MarketUptake Funding Scheme CSA - Coordination and support action Coordinator JOULE ASSETS EUROPE AB OY Net EU contribution € 643 125,00 Address Skata mjodtrask v 13 64510 Nampnas Finland See on map Region Manner-Suomi Länsi-Suomi Pohjanmaa 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 Participants (5) Sort alphabetically Sort by Net EU contribution Expand all Collapse all Third-party Legal entity other than a subcontractor which is affiliated or legally linked to a participant. The entity carries out work under the conditions laid down in the Grant Agreement, supplies goods or provides services for the action, but did not sign the Grant Agreement. A third party abides by the rules applicable to its related participant under the Grant Agreement with regard to eligibility of costs and control of expenditure. JOULE ASSETS EUROPE GROUP SRL Italy Net EU contribution € 81 250,00 Address Via santo stefano 11 40125 Bologna 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 Nord-Est Emilia-Romagna Bologna 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 ARISTOTELIO PANEPISTIMIO THESSALONIKIS Greece Net EU contribution € 339 375,00 Address Kedea building, tritis septemvriou, aristotle university campus 546 36 Thessaloniki See on map Region Βόρεια Ελλάδα Κεντρική Μακεδονία Θεσσαλονίκη Activity type Higher or Secondary Education Establishments 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 THE UNIVERSITY OF MANCHESTER United Kingdom Net EU contribution € 246 313,75 Address Oxford road M13 9PL Manchester See on map Region North West (England) Greater Manchester Manchester Activity type Higher or Secondary Education Establishments 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 HSB ENGINEERING INSURANCE LIMITED United Kingdom Net EU contribution € 289 302,50 Address New london house 6 london street EC3R 7LP London See on map Region London Inner London — West Camden and City of London 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 SEA - SERVIZI ENERGIA AMBIENTE SRL Italy Net EU contribution € 107 000,00 Address Via di civita 2 67100 L aquila 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 Sud Abruzzo L’Aquila 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
