Project description DEENESFRITPL New tool to help increase energy-efficiency investments Investments in energy efficiency can generate substantial economic and environmental benefits, while also increasing financial returns. The main goal of the EU-funded QUEST project is to promote private investments and financing in sustainability and energy-efficiency projects. To do so, it will develop a simple toolkit that will enable financial institutions to determine relevant factors that influence risk in the design, construction and operations of energy-efficiency and sustainability projects. This will allow them to reduce risk and significantly increase investment. QUEST will reach 880 financial institutions seeking to generate over 80 million euros in investments after its completion. Show the project objective Hide the project objective Objective The main goal of QUEST is to promote investments in Sustainability and Energy Efficiency by identifying and empirically risk-grading factors that influence performance. QUEST will develop a simple toolkit to evaluate these investments. It may be easily applied to all types of Sustainability and Energy Efficiency investments and covers project design-construction-operation risks. Financial institutions applying the QUEST toolkit will be able to reduce risk while significantly increasing investment.QUEST will identify and statistically classify Project Risk Factors (ex. energy consumption) as well as Quality Management service features (ex. energy measurement) to reduce the gap between predicted and real performance in operation by exploiting existing databases (e.g. De-risking Energy Efficiency Platform). QUEST will then create and promote a data-driven decision-making process, certifiable to ISO EN 17065 standards. This will help financial institutions improve risk premium calculations reliability. The core element will be a “Quality Management Impact” factor that represents the added value of quality management. QUEST facilitates risk-securitization of investments by:- Reducing loan costs by identifying the risk profile of investments and also reducing transaction costs- Reducing insurance costs via improved risk identification- Transparently securing funding scheme requirements for Energy EfficiencyQUEST’s proposal aims at reaching 880 financial institutions and other stakeholders. Working on 12 pilot projects, QUEST seeks to trigger 1.5 GWh per year (4.000 GWhPE/per year 5 years after project ends) primary energy savings and generate 1 M€ (80M€ per year 5 years after project end) in additional finance for Energy Efficiency investments. Fields of science natural sciencescomputer and information sciencesdatabases Keywords Quality Management Investments 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-EE-10-2018-2019-2020 - Mainstreaming energy efficiency finance Call for proposal H2020-LC-SC3-2018-2019-2020 See other projects for this call Sub call H2020-LC-SC3-EE-2018 Funding Scheme CSA - Coordination and support action Coordinator SYNAVISION GMBH Net EU contribution € 230 666,25 Address WELLE 15 33602 Bielefeld Germany 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 Nordrhein-Westfalen Detmold Bielefeld, Kreisfreie Stadt 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 Total cost € 230 666,25 Participants (7) Sort alphabetically Sort by Net EU contribution Expand all Collapse all COPILOT Building Commissioning Certification France Net EU contribution € 292 190,00 Address 34 BOULEVARD DES ITALIENS 75009 Paris 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 Ile-de-France Ile-de-France Paris 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 Total cost € 292 190,00 SWECO DANMARK AS Denmark Net EU contribution € 216 233,75 Address ORESTADS BOULEVARD 41 2300 Copenhagen S See on map Region Danmark Hovedstaden Byen København 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 Total cost € 216 233,75 KUNGLIGA TEKNISKA HOEGSKOLAN Sweden Net EU contribution € 334 710,00 Address BRINELLVAGEN 8 100 44 Stockholm See on map Region Östra Sverige Stockholm Stockholms län 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 Total cost € 334 710,00 FEDERATIE VAN VERENIGINGEN VOOR VERWARMING EN LUCHTBEHANDELING IN EUROPA REHVA Belgium Net EU contribution € 174 327,50 Address RUE WASHINGTON 40 1050 Bruxelles / Brussel See on map Region Région de Bruxelles-Capitale/Brussels Hoofdstedelijk Gewest Région de Bruxelles-Capitale/ Brussels Hoofdstedelijk Gewest Arr. de Bruxelles-Capitale/Arr. Brussel-Hoofdstad 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 Total cost € 174 327,50 FONDAZIONE LINKS - LEADING INNOVATION & KNOWLEDGE FOR SOCIETY Italy Net EU contribution € 95 300,00 Address VIA PIER CARLO BOGGIO 61 10138 Torino See on map Region Nord-Ovest Piemonte Torino 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 Total cost € 120 300,00 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. POLITECNICO DI TORINO Italy Net EU contribution € 25 000,00 Address CORSO DUCA DEGLI ABRUZZI 24 10129 Torino See on map Region Nord-Ovest Piemonte Torino 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 Total cost € 25 000,00 AMICE Belgium Net EU contribution € 134 250,00 Address RUE DU TRONE 98 1050 Bruxelles / Brussel See on map Region Région de Bruxelles-Capitale/Brussels Hoofdstedelijk Gewest Région de Bruxelles-Capitale/ Brussels Hoofdstedelijk Gewest Arr. de Bruxelles-Capitale/Arr. Brussel-Hoofdstad 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 Total cost € 134 250,00
