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Contenuto archiviato il 2024-05-14

Financing of renewable energy systems

Obiettivo



Objectives
A large number of proven technical solutions exist for the use of renewable energies. However, their dissemination is still too slow to meet the political goal of substituting 8-15% of primary energy demand in the EU by the year 2010. Even renewable energy systems (RES) with economic potential are only partly exploited. There is a long literature concerning the barriers to renewable energy use. In particular it had become clear that the availability of finance and the forms and conditions upon which it is lent has a major impact on renewable energy deployment. An area of importance is the deficiency of appropriate ownership forms and properly adapted financing instruments in certain countries. Moreover, different regulations and institutional barriers in the European countries hinder the free flow of capital for RES within the European common market. However, solutions for establishing RES have been developed very successfully in individual countries. Differences in cultures and institutions have promoted growth of several approaches to RES investment. These differences can be understood as a European source of experience that constitutes a rich basis for transnational emulation.
FIRE will analyse and compare the means of financing RES in Austria, Denmark, Germany, the Netherlands, Spain, Sweden and the United Kingdom to put forward best practise recommendations so that renewable energy deployments will occur at a faster rate. The main tasks of this study are to:
- Analyse the means of financing RES in a number of countries. - Provide an analysis of best practise means of financing RES - Provide an analysis of the barriers to the implementation of these means in the investigated countries.
FIRE addresses politicians, potential investors and project-developers.
Technical Approach
Different types of financing RES will be analyzed in relation to the country-specific environment. This includes exogenous conditions such as tax aspects, legal restrictions and subsidies, as well as individually defined risk management strategies and collateral requirements. For each country the prevailing financial schemes will be identified by questioning national experts. Eight in-depth-case studies will be undertaken for each country. The influence of the exogenous conditions will be investigated with a cash-flow model. An advisory board with members of the financing sector is established to ensure practicability of the conclusions.
Expected Achievements and Exploitation
The cross-national comparison of experience will increase the transparency of the financial market for RES and help to foster understanding of socioeconomic parameters (such as cultural attitudes and national innovation systems) that induce mechanisms in the private capital market to allocate capital in RES. Conclusions of FIRE will be discussed in a policy seminar. On the basis of the findings national guidelines to project-developers might be developed.

Campo scientifico (EuroSciVoc)

CORDIS classifica i progetti con EuroSciVoc, una tassonomia multilingue dei campi scientifici, attraverso un processo semi-automatico basato su tecniche NLP. Cfr.: Il Vocabolario Scientifico Europeo.

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Programma(i)

Programmi di finanziamento pluriennali che definiscono le priorità dell’UE in materia di ricerca e innovazione.

Argomento(i)

Gli inviti a presentare proposte sono suddivisi per argomenti. Un argomento definisce un’area o un tema specifico per il quale i candidati possono presentare proposte. La descrizione di un argomento comprende il suo ambito specifico e l’impatto previsto del progetto finanziato.

Invito a presentare proposte

Procedura per invitare i candidati a presentare proposte di progetti, con l’obiettivo di ricevere finanziamenti dall’UE.

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Meccanismo di finanziamento

Meccanismo di finanziamento (o «Tipo di azione») all’interno di un programma con caratteristiche comuni. Specifica: l’ambito di ciò che viene finanziato; il tasso di rimborso; i criteri di valutazione specifici per qualificarsi per il finanziamento; l’uso di forme semplificate di costi come gli importi forfettari.

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Coordinatore

GERMAN AEROSPACE CENTRE
Contributo UE
Nessun dato
Indirizzo
Pfaffenwaldring 38-40
70569 STUTTGART
Germania

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Costo totale

I costi totali sostenuti dall’organizzazione per partecipare al progetto, compresi i costi diretti e indiretti. Questo importo è un sottoinsieme del bilancio complessivo del progetto.

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