Project description DEENESFRITPL 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. Show the project objective Hide the project objective 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. Fields of science engineering and technologyenvironmental engineeringenergy and fuelsrenewable energy 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 JOULE ASSETS EUROPE GROUP SRL Net EU contribution € 937,50 Address VIA SANTO STEFANO 11 40125 Bologna Italy 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 Total cost € 937,50 Participants (7) Sort alphabetically Sort by Net EU contribution Expand all Collapse all NEDERLANDSE ORGANISATIE VOOR TOEGEPAST NATUURWETENSCHAPPELIJK ONDERZOEK TNO Netherlands Net EU contribution € 267 187,50 Address ANNA VAN BUERENPLEIN 1 2595 DA Den Haag See on map Region West-Nederland Zuid-Holland Agglomeratie ’s-Gravenhage Activity type Research Organisations 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 € 267 187,50 BNP PARIBAS FORTIS Belgium Net EU contribution € 121 875,00 Address RUE MONTAGNE DU PARC 3 1000 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 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 € 121 875,00 ENERSAVE CAPITAL SARL Luxembourg Net EU contribution € 333 507,50 Address RUE NOTRE DAME 31 2240 Luxembourg See on map Region Luxembourg Luxembourg Luxembourg 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 € 333 507,50 ENERGY EFFICIENCY DELIVERIES LIMITED Ireland Net EU contribution € 97 187,50 Address UNIT 301 Q HOUSE 76 FURZE ROAD SANDYFORD INDUSTRIAL ESTATE D18K0Y5 Dublin 18 See on map Region Ireland Eastern and Midland Dublin 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 € 97 187,50 JOULE ASSETS EUROPE AB OY Finland Net EU contribution € 88 397,78 Address SKATA MJODTRASK V 13 64510 Nampnas 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 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 Total cost € 588 375,00 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. JOULE ASSETS EUROPE GROUP SRL Participation ended Italy Net EU contribution € 450 922,13 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 Total cost € 450 922,13 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 SRL Belgium Net EU contribution € 49 055,09 Address AVENUE KERSBEEK 308 1180 BRUXELLES 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 Région de Bruxelles-Capitale/Brussels Hoofdstedelijk Gewest Région de Bruxelles-Capitale/ Brussels Hoofdstedelijk Gewest Arr. de Bruxelles-Capitale/Arr. Brussel-Hoofdstad 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 € 49 055,09
