Investors and lenders need to gain more confidence on investment projects related to energy efficiency which are still seen as risky and fragmented. EU added value can be realised in particular where projects introduce innovation to the market regarding project aggregation and financing solutions minimising transaction costs and engaging the private finance community. EU added value could also be realised where projects demonstrably remove legal, administrative and other market barriers for mainstreaming large scale sustainable energy investment schemes.Scope:
Project Development Assistance (PDA) will be provided to public and private project promoters such as public authorities or their groupings, public/private infrastructure operators and bodies, energy service companies, retail chains, large property owners and services/industry. The action will support building technical, economic and legal expertise needed for project development and leading to the launch of concrete investments, which are the final aim and deliverable of the project.
Proposals should focus on one or more of the following sectors:
The proposed investments will have to be launched before the end of the action which means that projects should result in signed contracts for sustainable energy investments to that effect, e.g. construction works, energy performance contracts, turnkey contracts.
Whilst proposals may address investments into distributed, small-scale renewable energy sources in combination with energy efficiency, the main focus should lie on capturing untapped high energy efficiency potentials.
Proposals should include the following features:
This PDA facility focuses on small and medium-sized energy investments of at least EUR 7.5 million to EUR 50 million. Large scale investments are covered by the ELENA facility.
The Commission considers that proposals requesting a contribution from the EU of between EUR 0.5 and 1.5 million would allow this specific challenge to be addressed appropriately. Nonetheless, this does not preclude submission and selection of proposals requesting other amounts.Expected Impact:
Proposals are expected to demonstrate, the impacts listed below, using quantified indicators and targets wherever possible:
Additional positive effects can be quantified and reported when relevant and wherever possible:
It is expected that this topic will continue in 2020.
Records of all PDA projects can be found in CORDIS under the topics EE-20-2014/2015 and EE22-2016/2017. All fact sheets can also be retrieved directly from: https://ec.europa.eu/easme/sites/easme-site/files/20160805_mlei_projects-factsheets_final.pdf