CORDIS
EU research results

CORDIS

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Financing scheme for Energy Efficiency and Renewable energy Guaranteed in Deep renovations of building stock

Project information

Grant agreement ID: 847059

Status

Ongoing project

  • Start date

    1 June 2019

  • End date

    31 May 2023

Funded under:

H2020-EU.3.3.7.

H2020-EU.3.3.1.

  • Overall budget:

    € 1 654 338,75

  • EU contribution

    € 1 654 338,75

Coordinated by:

KRAJOWA AGENCJA POSZANOWANIA ENERGII SPOLKA AKCYJNA

Poland

Objective

The National Fund “NFOSiGW” supported by KAPE and partners seek to replicate the financing scheme, systems and procedures developed for private and public sectors under the Latvian Baltic Energy Efficiency Facility’ “LABEEF”. The Fund will structure demand and execute the financing scheme of a pilot project through the existing online platform SHAREX. Partner organizations in Austria, Slovakia, Romania and Bulgaria will be replicating in their countries.

The public funding will work as a leverage for ESCO to take on new projects without the need to wait for the repayment of already implemented projects. Therefore, their funds could be reinvested faster. The standardisation of procedures, expert verification of archived savings and increased amount of investments will motivate the financial sector to support energy efficiency and environmental protection projects.

The standardisation and scaling up the number of investments in energy efficiency and environment protection will increase the trust of banks, increasing their involvement on the market.

The support from public funds will aim at already implemented, successful projects assuring the repayment of invested public money in a long-term, providing the leverage effect in increasing the number of projects carried out by ESCOs and making the public funds available in the future for reinvesting.

The stimulation of the ESCO market will help to utilise the potential for energy efficiency in the SME sector. The solution will work as a guarantee for energy savings and environmental effect which will be furtherly verified with the unified procedures implemented in the mechanism.
Types of buildings and infrastructure included in the project (might be different in different countries):
- multifamily private and municipal buildings,
- public buildings,
- individual residential buildings, housing communities, cooperatives.
Leaflet | Map data © OpenStreetMap contributors, Credit: EC-GISCO, © EuroGeographics for the administrative boundaries

Coordinator

KRAJOWA AGENCJA POSZANOWANIA ENERGII SPOLKA AKCYJNA

Address

Al. Jerozolimskie 65/79
00 697 Warszawa

Poland

Activity type

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

EU Contribution

€ 352 875

Participants (8)

NARODOWY FUNDUSZ OCHRONY SRODOWISKAI GOSPODARKI WODNEJ

Poland

EU Contribution

€ 81 500

EKU SAGLABASANAS UN ENERGOTAUPIBAS BIROJS

Latvia

EU Contribution

€ 131 962,50

FUNDING FOR FUTURE BV

Netherlands

EU Contribution

€ 116 762,50

ECONOLER SA

Bulgaria

EU Contribution

€ 271 296,25

OSTERREICHISCHE ENERGIEAGENTUR AUSTRIAN ENERGY AGENCY

Austria

EU Contribution

€ 214 248,75

MATTIG MANAGEMENT PARTNERS SRO

Slovakia

EU Contribution

€ 165 431,25

MATTIG MANAGEMENT PARTNERS RO SRL

Romania

EU Contribution

€ 165 431,25

STAGE AI LTD

Bulgaria

EU Contribution

€ 154 831,25

Project information

Grant agreement ID: 847059

Status

Ongoing project

  • Start date

    1 June 2019

  • End date

    31 May 2023

Funded under:

H2020-EU.3.3.7.

H2020-EU.3.3.1.

  • Overall budget:

    € 1 654 338,75

  • EU contribution

    € 1 654 338,75

Coordinated by:

KRAJOWA AGENCJA POSZANOWANIA ENERGII SPOLKA AKCYJNA

Poland