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Funding Energy Efficiency
Full picture + HORIZON 2020 in detail
Joost.Holleman@hudson.com
FOLLOW ME ON TWITTER @JOOSTHOLLEMAN
Ing. J.C.Holleman MBA
Director Hudson Financial Incentives
MORE INFORMATION AVAILABLE BY MAIL
http://nl.hudson.com/en-gb/ForEmployers/FinancialIncentives
EU lange term golas

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Smart Grids
Energy Efficiency
European Infrastructure
International Cooperation

1
Financing Energy Efficiency

ESIF

EEE F

IEE

DOMESTIC

HORIZON

2

ELENA
MLEI

 ESIF: European Fund for regional
development
 EEE F European Energy Efficiency
Fund
 IEE: Intelligent Energy Europe
 ELENA / MLEI: Mobilizing Local
Energy Investments
 DOMESTIC: National Budget
 Horizon: R&D framework 8
European Energy Efficiency Fund (EEE F)
The Fund was launched on 1st July 2011 with a global volume of
EUR 265 million, providing tailor-made debt and equity
instruments to local, regional and (if justified) national public
authorities or public or private entities acting on their behalf. EEE F
aims at financing bankable projects in energy efficiency (70%),
renewable energy (20%) and clean urban transport (10%) through
innovative instruments and in particular promoting the application
of the EPC. A technical assistance grant support (EUR 20 million) is
available for project development services (technical, financial)
linked to the investments financed by the Fund.
3
The Intelligent Energy – Europe Programme II
(IEE II)
 The Intelligent Energy – Europe Programme II (IEE II) focuses
on removal of non-technological barriers to energy efficiency
and renewable energy market uptake26. Under the 20072013 programming period, EUR 730 million is available. The
IEE helps creating favourable market conditions, shaping
policy development and implementation, preparing the
ground for investments, building capacity and skills, informing
stakeholders and fostering commitment. This also includes
projects on financing energy efficiency in public buildings.
4
ELENA Facility
 Launched in 2009 under IEE II, this initiative provides technical assistance
grants (of up to 90% of eligible costs) to local and regional authorities for
development and launch of sustainable energy investments over their
territories. The EU support is conditional to investments induced with a
minimum leverage of 1:20. It consists of 4 operational windows with the
EIB, KfW, CEB and EBRD. So far, some EUR 31 million assigned to 17
projects should trigger investments nearing EUR 1.6 billion, within the 3year duration of ELENA contracts. About a third of these investments
addresses the buildings sector and EPC and a third is allocated to urban
transport projects. ELENA Facility enables the financing of investments
both by private and public sources and facilitates connection with financial
instruments (such as Jessica).
5
Mobilising Local Energy Investments (MLEI)
 MLEI is also a Project development assistance addressing
projects between EUR 6 million and EUR 50 million, run
through annual call for proposals managed by the Executive
Agency for Competitiveness and Innovation (EACI).

6
Cohesion policy
 Under the current financing period (2007-2013), EU Cohesion
policy funding has increasingly focused on investments in
energy efficiency and renewables, in line with the Europe
2020 Strategy for smart, sustainable and inclusive growth and
the 20% energy efficiency target.

7
Horizon on energy efficiency
MAIN TOPICS

Finance for
sustainable
energy
Industry
and
products

8

Buildings
and
consumers
Heating
and
cooling

Horizon 2020 is the European Union’s new research programme, which
will succeed FP7 in 2014. Horizon 2020 is the financial instrument
implementing the Innovation Union, a Europe 2020 flagship initiative
aimed at securing Europe's global competitiveness.
Running from 2014 to 2020 with an €80 billion budget, the EU’s new
programme for research and innovation is part of the drive to create new
growth and jobs in Europe. Horizon 2020 will tackle societal challenges by
helping to bridge the gap between research and the market by, for
example, helping innovative enterprise to develop their technological
breakthroughs into viable products with real commercial potential.
This market-driven approach will include creating partnerships with the
private sector and Member States to bring together the resources
needed. Horizon 2020 will be complemented by further measures to
complete and further develop the European Research Area by 2014.
These measures will aim at breaking down barriers to create a genuine
single market for knowledge, research and innovation.
Buildings and consumers 1/2
 Manufacturing of prefabricated modules for renovation of building
 Buildings design for new highly energy performing buildings
 Energy strategies and solutions for deeep renovation of historic
buildings
 Construction skills
 Increasing energy performance of existing buiodlings through
process and organization innovation and creating a market for deep
renovation
 Demand response in blocks of buildings
9
Buildings and consumers 2/2
 Enhancing capacity of public authorities to plan and implement
energy policies and measures
 Public procurement of innovative sustainable energy solutions
 Empowering stakeholders to assits public authorities in the
definitopn and implementation of sustainable energy policies and
measures
 Consumer engagement for sustainable energy
 NEW ICT-based solutions for energy efficiency
 Socioeconomic reserach on energy efficiency
10
Heating & Cooling
 Technology for district heating & cooling
 Removing market barriers to the uptake of efficient heating &
Cooling solutions

11
Industry and products
 Ensuring eddfective implementation of EU product efficiency
legislation
 Organizational innovation to increase energy efficiency
 Driving energy innovation through large buyers
 New technologies for utilization of heat recovery in large
indsutrial systems

12
Finance for sustainable energy
 Improving the financebility and attractiveness of sustainable
energy investments
 Project development assistance for innovative bankable and
aggergates sustainable energy investment schemes & projects
 Development and market roll-out of innovative energy
services and financial schemes for sustainnable energy

13
Horizon breakdown energy & energy efficiency

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Horizon breakdown energy & energy efficiency

  • 1. Funding Energy Efficiency Full picture + HORIZON 2020 in detail Joost.Holleman@hudson.com FOLLOW ME ON TWITTER @JOOSTHOLLEMAN Ing. J.C.Holleman MBA Director Hudson Financial Incentives MORE INFORMATION AVAILABLE BY MAIL http://nl.hudson.com/en-gb/ForEmployers/FinancialIncentives
  • 2. EU lange term golas • • • • Smart Grids Energy Efficiency European Infrastructure International Cooperation 1
  • 3. Financing Energy Efficiency ESIF EEE F IEE DOMESTIC HORIZON 2 ELENA MLEI  ESIF: European Fund for regional development  EEE F European Energy Efficiency Fund  IEE: Intelligent Energy Europe  ELENA / MLEI: Mobilizing Local Energy Investments  DOMESTIC: National Budget  Horizon: R&D framework 8
  • 4. European Energy Efficiency Fund (EEE F) The Fund was launched on 1st July 2011 with a global volume of EUR 265 million, providing tailor-made debt and equity instruments to local, regional and (if justified) national public authorities or public or private entities acting on their behalf. EEE F aims at financing bankable projects in energy efficiency (70%), renewable energy (20%) and clean urban transport (10%) through innovative instruments and in particular promoting the application of the EPC. A technical assistance grant support (EUR 20 million) is available for project development services (technical, financial) linked to the investments financed by the Fund. 3
  • 5. The Intelligent Energy – Europe Programme II (IEE II)  The Intelligent Energy – Europe Programme II (IEE II) focuses on removal of non-technological barriers to energy efficiency and renewable energy market uptake26. Under the 20072013 programming period, EUR 730 million is available. The IEE helps creating favourable market conditions, shaping policy development and implementation, preparing the ground for investments, building capacity and skills, informing stakeholders and fostering commitment. This also includes projects on financing energy efficiency in public buildings. 4
  • 6. ELENA Facility  Launched in 2009 under IEE II, this initiative provides technical assistance grants (of up to 90% of eligible costs) to local and regional authorities for development and launch of sustainable energy investments over their territories. The EU support is conditional to investments induced with a minimum leverage of 1:20. It consists of 4 operational windows with the EIB, KfW, CEB and EBRD. So far, some EUR 31 million assigned to 17 projects should trigger investments nearing EUR 1.6 billion, within the 3year duration of ELENA contracts. About a third of these investments addresses the buildings sector and EPC and a third is allocated to urban transport projects. ELENA Facility enables the financing of investments both by private and public sources and facilitates connection with financial instruments (such as Jessica). 5
  • 7. Mobilising Local Energy Investments (MLEI)  MLEI is also a Project development assistance addressing projects between EUR 6 million and EUR 50 million, run through annual call for proposals managed by the Executive Agency for Competitiveness and Innovation (EACI). 6
  • 8. Cohesion policy  Under the current financing period (2007-2013), EU Cohesion policy funding has increasingly focused on investments in energy efficiency and renewables, in line with the Europe 2020 Strategy for smart, sustainable and inclusive growth and the 20% energy efficiency target. 7
  • 9. Horizon on energy efficiency MAIN TOPICS Finance for sustainable energy Industry and products 8 Buildings and consumers Heating and cooling Horizon 2020 is the European Union’s new research programme, which will succeed FP7 in 2014. Horizon 2020 is the financial instrument implementing the Innovation Union, a Europe 2020 flagship initiative aimed at securing Europe's global competitiveness. Running from 2014 to 2020 with an €80 billion budget, the EU’s new programme for research and innovation is part of the drive to create new growth and jobs in Europe. Horizon 2020 will tackle societal challenges by helping to bridge the gap between research and the market by, for example, helping innovative enterprise to develop their technological breakthroughs into viable products with real commercial potential. This market-driven approach will include creating partnerships with the private sector and Member States to bring together the resources needed. Horizon 2020 will be complemented by further measures to complete and further develop the European Research Area by 2014. These measures will aim at breaking down barriers to create a genuine single market for knowledge, research and innovation.
  • 10. Buildings and consumers 1/2  Manufacturing of prefabricated modules for renovation of building  Buildings design for new highly energy performing buildings  Energy strategies and solutions for deeep renovation of historic buildings  Construction skills  Increasing energy performance of existing buiodlings through process and organization innovation and creating a market for deep renovation  Demand response in blocks of buildings 9
  • 11. Buildings and consumers 2/2  Enhancing capacity of public authorities to plan and implement energy policies and measures  Public procurement of innovative sustainable energy solutions  Empowering stakeholders to assits public authorities in the definitopn and implementation of sustainable energy policies and measures  Consumer engagement for sustainable energy  NEW ICT-based solutions for energy efficiency  Socioeconomic reserach on energy efficiency 10
  • 12. Heating & Cooling  Technology for district heating & cooling  Removing market barriers to the uptake of efficient heating & Cooling solutions 11
  • 13. Industry and products  Ensuring eddfective implementation of EU product efficiency legislation  Organizational innovation to increase energy efficiency  Driving energy innovation through large buyers  New technologies for utilization of heat recovery in large indsutrial systems 12
  • 14. Finance for sustainable energy  Improving the financebility and attractiveness of sustainable energy investments  Project development assistance for innovative bankable and aggergates sustainable energy investment schemes & projects  Development and market roll-out of innovative energy services and financial schemes for sustainnable energy 13