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SUPERmarket Human based innovative financing schemes for Energy Efficiency Retrofitting and Optimisation

Project information

Grant agreement ID: 894404

Status

Ongoing project

  • Start date

    1 June 2020

  • End date

    30 November 2022

Funded under:

H2020-EU.3.3.7.

H2020-EU.3.3.1.

  • Overall budget:

    € 1 435 167,50

  • EU contribution

    € 1 421 417,50

Coordinated by:

R2M SOLUTION SRL

Italy

Objective

While it’s widely accepted that energy efficiency investments are not only necessary from an environmental point of view but also convenient in terms of expected return and payback times, it’s still difficult to attract private finance that can boost the energy transition process on a large scale in the retail sector and supermarkets is just a good example of it. Of the total operating costs of a supermarket, which include purchasing merchandise, employee salaries, and more, energy can account for between 10% and 15%, which is huge for a business that operates such tight margins. SUPER-HEERO develops an innovative collaborative and scalable financial scheme based on i) Citizen financing through a crowd-funding/co-operative scheme building upon the loyalty programs in the supermarkets and implementing gamification strategies, ii) Strategic partnerships with ESCOs and utilities to support financially the energy efficiency investments on the basis of the benefits of engaging a large base of energy users through the supermarket co-operative program, iii_ Engagement of technology providers in performance-based schemes that allow them to profit from their products/technologies through innovative circular business models (e.g. leasing, Technology as a service) while making the technology more affordable and accessible for supermarket and similar business. In this way, SUPER-HEERO provides an instrument for supermarkets to access the much-needed funding that allows implementation of energy efficiency strategies and unlocks the potential of energy savings over 40%, which in turn would materialize in economic, social and environmental gains.

Coordinator

R2M SOLUTION SRL

Address

Via Fratelli Cuzio 42
27100 Pavia

Italy

Activity type

Private for-profit entities (excluding Higher or Secondary Education Establishments)

EU Contribution

€ 261 000

Participants (8)

ZERO EMISSIONS ENGINEERING BV

Netherlands

EU Contribution

€ 147 250

RINA CONSULTING SPA

Italy

EU Contribution

€ 158 000

SUSTAINABLE INNOVATIONS EUROPE SL

Spain

EU Contribution

€ 139 212,50

VERTECH GROUP

France

EU Contribution

€ 139 750

Sinloc - Sistema Iniziative Locali SpA

Italy

EU Contribution

€ 163 142,50

CREARA CONSULTORES SL

Spain

EU Contribution

€ 139 125

TANDEM DESARROLLOS SINGULARES SL

Spain

EU Contribution

€ 154 437,50

COMUNE DI PADOVA

Italy

EU Contribution

€ 119 500

Project information

Grant agreement ID: 894404

Status

Ongoing project

  • Start date

    1 June 2020

  • End date

    30 November 2022

Funded under:

H2020-EU.3.3.7.

H2020-EU.3.3.1.

  • Overall budget:

    € 1 435 167,50

  • EU contribution

    € 1 421 417,50

Coordinated by:

R2M SOLUTION SRL

Italy