Project description
Sustainable energy solutions for islands
Experts in island energy transition and financial instruments have joined forces to help island communities achieve efficient and sustainable energy solutions. This is in line with the EU's clean energy priorities. Specifically, the EU-funded NESOI project will pave the way for training, technical support, cooperation and funding opportunities for islands. NESOI will set up a physical and digital platform to provide technical assistance to local authorities and communities for obtaining funding and competencies to deploy investments required to realise an islands' energy transitions plans. NESOI will capitalise on consortium project expertise, and, through its platform, it aims at mobilising more than EUR 100 million of investments in sustainable energy by 2023, leading to an expected 440 GWh/year in energy savings.
Objective
Funds are available to finance energy efficiency and renewable energy projects. Many islands are engaged in energy transition; however most of them haven’t the expertise to concretely launch investments, access finance and kick start the projects. NESOI aims at filling this gap through a hands-on approach allowing to get the expected financial leverage towards the effective implementation of islands’ energy transition plans. Starting with a broad survey gathering EU islands’ needs, NESOI provides a platform where islands can access both indirect and direct support: 1) Provided through a tailor-made digital platform, the indirect support consists in training material, best case examples, toolkit for technical and economic best practices and a cooperative space for islands, investors and technology developers; 2) Based on transparent technical, social, economic and environmental criteria, NESOI selects projects for customised direct support from consortium experts and from external ones for local aspects thanks to a cascade mechanism. NESOI supports projects at different stages of development, starting from early stage ones requiring a high-level technical & economic assistance, to more advanced ones asking for specific and detailed contributions on various fields (technical, legal, financial), putting forward a reality-check mindset, to make islands focus on solid projects with the potential to attract investors. NESOI implements capacity building and coaching activities to ensure raising awareness and capacity of public authorities' staff for developing investible projects with the aim to empower Local Communities in a success pursuit of the energy transition. Broad communication activities at EU level and links with other initiatives like BRIDGE and the Cities Facility are also foreseen. NESOI partners are strongly connected to investors, island communities and the energy innovation ecosystem, and intend to develop a sustainable business model for NESOI platform
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- engineering and technology environmental engineering energy and fuels renewable energy
- social sciences economics and business business and management business models
- social sciences economics and business economics sustainable economy
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.3.3. - SOCIETAL CHALLENGES - Secure, clean and efficient energy
MAIN PROGRAMME
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H2020-EU.3.3.7. - Market uptake of energy innovation - building on Intelligent Energy Europe
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H2020-EU.3.3.4. - A single, smart European electricity grid
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
CSA - Coordination and support action
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-LC-SC3-2018-2019-2020
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
35131 Padova
Italy
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.