CORDIS
EU research results

CORDIS

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LAUNCH: sustainable energy assets as tradable securities

Project information

Grant agreement ID: 847048

Status

Ongoing project

  • Start date

    1 May 2019

  • End date

    31 October 2021

Funded under:

H2020-EU.3.3.7.

H2020-EU.3.3.1.

  • Overall budget:

    € 1 409 070

  • EU contribution

    € 1 409 070

Coordinated by:

JOULE ASSETS EUROPE AB OY

Finland

Project description

English EN

Developing the SEA securities market

Sustainable energy assets (SEA) contain tremendous potential as tradable securities. Their acceptance is currently hampered by a lack of standardisation in contract types, risk-assessment protocols and tools towards scaling up. The LAUNCH project will help lay the groundwork for SEA development through systems that train developers in real market conditions, standardising contracts with clients, and putting in place protocols allowing developers to assess risk. Through its large network, LAUNCH will also collaborate with the European Finance Industry and developers to encourage acceptance of SEA and help it grow as an industry, leading to new job opportunities and more energy conservation in the EU.

Leaflet | Map data © OpenStreetMap contributors, Credit: EC-GISCO, © EuroGeographics for the administrative boundaries

Coordinator

JOULE ASSETS EUROPE AB OY

Address

Skata Mjodtrask V 13
64510 Nampnas

Finland

Activity type

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

EU Contribution

€ 589 312,50

Participants (4)

NEDERLANDSE ORGANISATIE VOOR TOEGEPAST NATUURWETENSCHAPPELIJK ONDERZOEK TNO

Netherlands

EU Contribution

€ 267 187,50

BNP PARIBAS FORTIS

Belgium

EU Contribution

€ 121 875

ENERSAVE CAPITAL SARL

Luxembourg

EU Contribution

€ 333 507,50

ENERGY EFFICIENCY DELIVERIES LIMITED

Ireland

EU Contribution

€ 97 187,50

Project information

Grant agreement ID: 847048

Status

Ongoing project

  • Start date

    1 May 2019

  • End date

    31 October 2021

Funded under:

H2020-EU.3.3.7.

H2020-EU.3.3.1.

  • Overall budget:

    € 1 409 070

  • EU contribution

    € 1 409 070

Coordinated by:

JOULE ASSETS EUROPE AB OY

Finland