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CORDIS

LAUNCH: sustainable energy assets as tradable securities

Project description

Developing the SEA securities market

Sustainable energy assets (SEA) contain tremendous potential as tradable securities. Their acceptance is currently hampered by a lack of standardisation in contract types, risk-assessment protocols and tools towards scaling up. The LAUNCH project will help lay the groundwork for SEA development through systems that train developers in real market conditions, standardising contracts with clients, and putting in place protocols allowing developers to assess risk. Through its large network, LAUNCH will also collaborate with the European Finance Industry and developers to encourage acceptance of SEA and help it grow as an industry, leading to new job opportunities and more energy conservation in the EU.

Objective

The LAUNCH project will look to overcome barriers to aggregation and market scaling, accelerating the development of the SEA as tradable securities. Today the SEA market is splintered over many project and contract types, small portfolios and many methods for assessing project risk. This smothers market growth today and will continue to do so in the future. Contracts and risk assessment protocols must become standardised, in order to encourage market growth in a manner which will lay the groundwork for and accelerate the scaling of project finance in the future. Indeed, in order for the sustainable energy market to reach its full potential, we must lay the groundwork required to accelerate the development of Sustainable Energy Assets (SEA) as tradable securities. This is the aim of the LAUNCH project. This will be done through, setting up systems to prepare SEA developers for equity investment, standardising developer-end client contracts, and creating a commonly agreed set of risk assessment protocols. The consortium has wide market reach and access to best in class materials. LAUNCH will develop these deliverables further in direct cooperation with a representative group of the European Finance Industry and a substantial pool for SEA developers and pilot them in real market conditions in cooperation with SEA developers and funds. The combination of development with key players and immediate real-life uptake, will ensure the project results are market ready and fully exploitable. The project will provide a basis for accelerated and sustainable SEA market growth and aims to create a European standard for the SEA market going forward. The main resulting benefits will be accelerated growth of the SEA industry, including substantial job growth, energy and CO2 savings and further standardisation of SEA, laying the groundwork for their acceptance as tradable securities.

Call for proposal

H2020-LC-SC3-2018-2019-2020

See other projects for this call

Sub call

H2020-LC-SC3-EE-2018

Coordinator

JOULE ASSETS EUROPE GROUP SRL
Net EU contribution
€ 937,50
Address
VIA SANTO STEFANO 11
40125 Bologna
Italy

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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
Total cost
€ 937,50

Participants (7)