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Improving the Financeability and Attractiveness of Sustainable Energy Investments in Photovolatics: Quantifying and Managing the Technical Risk for Current and New Business Models

Objective

The overall objective of this proposal is to reduce the risk associated with investments in sustainable energy projects. The project results should increase trust from investors, financers and insurance companies. The project aims to establish a common practice for professional risk assessment based on technical and financial due diligence. The focus is on photovoltaic (PV) installations, with emphasis on projects on buildings or at the customer side of the electricity consumption meter and financed by professional investors.

The project pursues the following specific objectives:
- To develop, document and establish practices for evaluating and mitigating the technical risks associated with investments in photovoltaics
- To develop, document and establish practices for valuing such risks when modeling the costs of a PV investment as investors do when evaluating the life cycle costs of such projects
- To evaluate how these risks affect the electricity production and the expected return on investment in different business models
- To enable the key actors, and particularly the financial market actors, to widely adopt the project results as best practices for the mitigation of risk of sustainable energy investments with current and new business models.

The project will be based on large amount of empirical data available within the consortium and from other projects, allowing to formulate recommendations that are statistically significant and based on a large evidence base.

The project will involve all relevant stakeholders being financial market actors, valuation and standardization entities, building and PV plant owners, industry, energy prosumers and policy makers. The impacts to be achieved are reduced uncertainty, increased investors’ confidence and trust, valuation methodologies agreed by the market, standardized descriptions of investments, labelling schemes or harmonized frameworks for investment, and support to national strategies for financing.

Field of science

  • /social sciences/economics and business/economics/sustainable economy
  • /social sciences/economics and business/business and management/commerce
  • /social sciences/economics and business/business and management/business model
  • /social sciences/economics and business
  • /engineering and technology/environmental engineering/energy and fuels/renewable energy
  • /engineering and technology/environmental engineering/energy and fuels/renewable energy/solar energy

Call for proposal

H2020-EE-2014-3-MarketUptake
See other projects for this call

Funding Scheme

CSA - Coordination and support action

Coordinator

ACCADEMIA EUROPEA DI BOLZANO
Address
Viale Druso 1
39100 Bolzano
Italy
Activity type
Research Organisations
EU contribution
€ 216 468,75

Participants (4)

ACCELIOS SOLAR GMBH
Germany
EU contribution
€ 284 918,75
Address
Weinheimer Strasse 64A
68309 Mannheim
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
3E
Belgium
EU contribution
€ 327 281
Address
Kalkkaai 6
1000 Brussel
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
EPIA SOLARPOWER EUROPE
Belgium
EU contribution
€ 239 831,25
Address
Rue D Arlon 69 71
1040 Bruxelles
Activity type
Other
TUV RHEINLAND ENERGIE UND UMWELT GMBH
Germany
EU contribution
€ 286 606,25
Address
Am Grauen Stein 33
51105 Koln
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)