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ENERGY EFFICIENCY PROJECT DEVELOPMENT FOR SOUTH ATTICA

ENERGY EFFICIENCY PROJECT DEVELOPMENT FOR SOUTH ATTICA

Objective

Seven major municipalities in the Athens Metropolitan Area join efforts to launch showcase energy efficiency and renewable energy projects, utilizing innovative financial tools and attracting private investments.
The projects comprise energy efficiency interventions in 116 municipal buildings, integration of a total 3.2 MW of photovoltaics on the roofs of these buildings and re-lamping for the municipal lighting. Total energy savings is 45.6 GWh/y and renewable electricity production is 4.8 GWh/y. Total cost for interventions is 20.24 M€ and the PRODESA cost is 1.06 M€.
To achieve its objectives, the project shall focus on optimal bundling of the fragmented municipal projects to achieve considerable size, reasonable payback time and risk diversification. Bundling is also expected to lower processing costs.
Pooling of resources is used to optimize financial results for all parties and to ensure high participation of ESCOs in the tenders. The newly introduced National Revolving Fund for Energy Efficiency and the Utility ESCO Fund will be part of the pool. Pooling will facilitate the exploitation of innovative financing schemes. Crowdfunding has been recently introduced in the Greek legislation and this tool will be carefully studied and applied.
PRODESA is the first of its kind effort in Greece and aims to significantly contribute to the Energy Performance Contracting take-off. For this reason the project consortium has pooled together Key Actors such as the National Center for energy efficiency, the European Crowdfunding Network and entities with technical, financial and legal expertise.
Being a showcase project, it emphasizes on capacity building, replicability, dissemination and exploitation of results. Two replicator municipalities are directly involved in the project and a network of at least 30 replicators will be initiated with the help of the Central Union of Municipalities of Greece.
Leaflet | Map data © OpenStreetMap contributors, Credit: EC-GISCO, © EuroGeographics for the administrative boundaries

Coordinator

DIMOS ALIMOU-MUNICIPALITY OF ALIMOS

Address

Aristotelous 53
17455 Alimos

Greece

Activity type

Public bodies (excluding Research Organisations and Secondary or Higher Education Establishments)

EU Contribution

€ 161 750

Participants (12)

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DIMOS AGIOS DIMITRIOS

Greece

EU Contribution

€ 51 750

GLYFADA MUNICIPALITY

Greece

EU Contribution

€ 128 250

DIMOS VARIS - VOULAS - VOULIAGMENIS

Greece

EU Contribution

€ 119 250

DIMOS AGION ANARGIRON-KAMATEROU

Greece

EU Contribution

€ 126 250

MUNICIPALITY OF PALAIO FALIRO

Greece

EU Contribution

€ 21 750

MUNICIPALITY OF AMAROUSSION

Greece

EU Contribution

€ 21 750

KENTRIKI ENOSI DIMON KAI KOINOTITON ELLADOS

Greece

EU Contribution

€ 26 500

EYDITI ENERGEIAKOS KAI PERIBALLONTIKOS SCHEDIASMOS EPE

Greece

EU Contribution

€ 131 235

CENTRE FOR RENEWABLE ENERGY SOURCES AND SAVING FONDATION

Greece

EU Contribution

€ 102 025

ENFINITY

Belgium

EU Contribution

€ 81 500

EUROPEAN CROWDFUNDING NETWORK

Belgium

EU Contribution

€ 49 250

KELEMENIS & CO.LAW FIRM

Greece

EU Contribution

€ 37 500

Project information

Grant agreement ID: 754171

Status

Ongoing project

  • Start date

    1 May 2017

  • End date

    30 April 2020

Funded under:

H2020-EU.3.3.7.

H2020-EU.3.3.1.

  • Overall budget:

    € 1 058 760

  • EU contribution

    € 1 058 760

Coordinated by:

DIMOS ALIMOU-MUNICIPALITY OF ALIMOS

Greece