Project description
Promoting energy-efficient equipment-as-a-service for SMEs
Barriers such as lack of liquidity, financial capacity or the capacity to find competitive financing prevent SMEs from investing in energy-efficient solutions. The EU-funded eEaaS project aims to overcome these barriers by developing new business models and a financial structure to help SMEs adopt energy-efficient equipment-as-a-service. The project will mainstream the energy-efficient servitisation financial model to make it easier for SMEs to access smart, high energy-efficient technologies and standardise a financing structure. The project will play a role in the promotion of SME competitiveness and the transition to a circular economy.
Objective
"The Efficient Equipment as a Service (eEaaS) program aims to develop and deploy new business models and a financial structure to enable the transition and facilitate the market adoption of energy efficient equiment-as-a-service in SMEs. The consortium participants (BASE, AGORIA, ANESE, Innoenergy) have been exploring and implementing eEaaS, focusing on financial, fiscal and legal challenges and solutions. They build on present frontrunner experience, attempt to solve barriers, ranging from asset value to shareholder and financial 3rd party management. Their unique expertise on financing, ESCOs, business needs when transitioning from selling products to selling services will enable investments roundtables and building pipeline of projects. eEaaS has two main components: a) mainstream the EE servitisation financial model to facilitate the access of SME to smart, high-energy efficient technologies and b) standardise a financing structure (for example ""sale-leaseback"" model). Past experience has indeed shown that a potential bottleneck for this type of models is the lack of liquidity, financial capacity or capacity to access competitive financing for the providers under conditions that do not hurdle the potential pipeline of servitisation projects. eEaaS model aims to overcome the barriers that have inhibited SMEs from investing in EE solutions as they compete with investment opportunities related to their core business, which are better understood by SMEs in terms of risks and rewards. Servitisation supports SME competitivity by using smart technologies for energy use measuring, supporting the digital economy. In addition it supports a circular economy approach by incentivising technology providers to make their equipment modular, with parts being reusable/recyclable since the ownership of the equipment is never transferred to the client."
Fields of science (EuroSciVoc)
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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.
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H2020-EU.3.3. - SOCIETAL CHALLENGES - Secure, clean and efficient energy
MAIN PROGRAMME
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H2020-EU.3.3.7. - Market uptake of energy innovation - building on Intelligent Energy Europe
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H2020-EU.3.3.1. - Reducing energy consumption and carbon foorpint by smart and sustainable use
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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
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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
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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.
4051 Basel
Switzerland
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.